Cricket NFT platform Rario to launch buyback plan on February 12
Rario is starting the buyback at the base value of the digital moments and player cards. It will be available for all users and remain open until March 20.
Ashneer Grover’s reality show, Titan Story to headline Amazon MX Player's 100 series lineup for 2025
Amazon MX Player unveiled its 2025 lineup of over 100 new shows, which will include 40 new Hindi originals and returning seasons of prominent TV series.
Gaming startup MetaShot secures Rs 11 crore funding from Sauce.vc, others
MetaShot has developed a smart metaphysical cricket bat that aims to provide consumers with a console-like gaming experience.
Skill gaming firm Head Digital Works's FY24 revenue jumps 31% to Rs 1,378 Crore
Head Digital Works, the owner of A23 Rummy and A23 Poker, made a profit of Rs 72 crore in FY24. This was despite the higher GST burden from the 28% tax slab introduced in October 2023.
NeoSapien bags Rs 80 lakh from Emcure’s Namita Thapar in Shark Tank India
Anupam Mittal, founder of Shaadi.com, also onboarded as company’s founding advisor
Bitkraft Ventures sets base in India with Anuj Tandon as first partner
As Bitkraft's India Partner, Anuj Tandon will look to back local gaming and interactive media startups, with focus on AI, game tech and content
WinZO signs 2-year MoU with DPIIT to support gaming startups, students
The collaboration intends to build an ecosystem of over 2,000 startups, innovators, and students, providing them with mentorship, industry insights, and access to global opportunities
Swiggy Instamart tops quick commerce race with fastest delivery times, JP Morgan report shows
The delivery arm of Swiggy recorded the lowest median delivery time among its competitors, offering deliveries in just 8 minutes across the top four Indian cities, JP Morgan said. This comes in contrast to its promised 6-minute delivery window, making it the quickest in the sector, according to the report.
Skill-gaming firm Head Digital Works concludes $3-million ESOP buyback
The ESOP buyback comes amid a turbulent period for India's skill gaming sector, which is facing a slew of challenges, including the impact of the 28 percent GST
Games24x7 looks to back AI and tech startups beyond gaming sector
Games24x7 is looking to support startups across hardware and software through its expanded accelerator program, TechXpedite, and its corporate venture capital arm
Nazara Tech's Datawrkz buys London-based growth marketing agency Space & Time
Space & Time is Datawrkz's first acquisition and it is expected to fuel the company's growth ambitions across Europe and North America
BGMI maker Krafton backs IMM Investment's maiden India fund as anchor investor
IMM India Fund has made its first investment in Mumbai-based beauty and personal care brand Sugar Cosmetics through a secondary transaction.
HRTech SaaS firm Darwinbox reports 58% YoY jump in revenue to Rs 392 crore in FY24
Though Darwinbox's Ebitda margin has improved by 17 percentage points in FY24, the HRTech SaaS firm is yet to turn net profitable.
Skill-gaming unicorn MPL's parent firm's FY24 revenue jumps 22% to $130 million
M-League, the parent firm of Mobile Premier League (MPL) and GameDuell, said it broke even with an adjusted EBITDA of $0.2 million
Karnataka is ready for you: Priyank Kharge makes a pitch to gaming industry
The gaming sector holds immense potential not only for employment generation but also for attracting significant foreign direct investment, Kharge has said
Accel-backed gaming firm Jetapult pumps $4.5 mn into Saudi-based UMX Studio
Jetapult will provide capital to support the expansion of UMX's existing portfolio, expand its audiences across global markets, and build games in new genres.
Licious to acquire My Chicken and More for Rs 200 crore and deepen offline play
As part of the acquisition, Licious will have an additional 22 physical stores which will give it an edge over industry peers like Zepto, Tata BigBasket and help it compete closely with legacy players like Venkys, Nandus and others.
Skill gaming firm WinZO concludes 4th round of ESOP buyback
WinZO stated that the ESOP buyback is a part of the skill gaming firm's efforts to attract and retain top technology and product talent amid ongoing headwinds in the sector including 400% GST increase.
Game streaming firm Loco sells majority stake to UAE-based Redwood for $65 mn
Loco stated this deal will enable the startup to expand to multiple new global markets within the next 12 markets.
Former Meta COO Sheryl Sandberg makes second investment in Bengaluru AI startup: Report
Sandberg was part of a $7-million funding round led by Accel, an existing investor in Simplismart
Blending bricks and clicks: How Licious, GIVA, Curefoods went omnichannel
Founders of top new age brands at the Moneycontrol Startup Conclave noted that while online presence is crucial for discovery and initial engagement, the physical experience is essential for building trust and scaling in certain categories.
Master Startup Dynamics with Experts at Moneycontrol Startup Conclave | 9th August | Bengaluru
Modi 3.0 walks the talk on startups and tech in today's Budget
The startup ecosystem has long complained that the angel tax regime, which was originally started in 2012 as an anti-abuse measure to prevent money laundering, actually drove away smaller investors who couldn't afford the compliance burden.
Indian Overseas Bank sets up dedicated branch to serve startups; to open five more
Marking the inaugural of the Startup Exclusive Branch, the city-headquartered bank launched 'IOB Startup Current Account' and credit scheme 'IOB Pragati' for financing startups.
