Made-in-India battle royale game Indus to begin pre-registrations later this year
Indus is developed by Pune-based SuperGaming, makers of of the popular games MaskGun and Silly Royale
Web3 game infrastructure startup Lysto bags $12 million from Tiger Global, Hashed, others
Lysto is building tools that aims to standardise gamer credentials and reputation across games and platforms
English learning startup OckyPocky bags funds from Good Water Capital, AngelList Quant Fund
OckyPocky aims to help preschool kids learn English through various interactive solutions including games and topics
Inflation has not affected us much, says Nykaa's Anchit Nayar
One reason could be that the company is slightly on the more premium end and consumers are slightly less affected than those on the lower end of the funnel, says Nykaa's CEO, Beauty E-Commerce. Nayar says the core beauty business of Nykaa remains profitable
Dream11 parent Dream Sports signs 5-year deal with New Zealand Cricket for NFTs, gaming & merchandising
NZC chief executive David White said this partnership represent a step "into the metaverse for his organisation"
Early stage venture capital firm First Cheque raises $5 million
First Cheque, which aims to ease the process of raising institutional capital for first time founders and idea stage startups, has streamlined its capital deployment timeline to less than 30 days.
M2P Fintech acquires identity validation startup Syntizen
While the company did not disclose the amount of the acquisition, Moneycontrol learns that the deal was valued at around $10-12 million.
Corporate Crossings | Gaming firm Zupee ropes in Meta's Ashwani Rana as chief public policy officer
Zupee offers a range of skill-based casual games such as Ludo, Snakes and Ladders and carrom on its mobile app
More women in India seeking entrepreneurial opportunities compared to men: Report
The conclusion is part of a report based on an analysis of anonymised and aggregated profile information of users on professional networking site LinkedIn, which has around 88 million users in India and 830 million users worldwide.
Zomato needs to make some more money, won't lower restaurant commissions: CEO
"We are not profitable. We need to make some more money from somewhere. So, absolutely not taking rates down,” Goyal said.
Realty startup PropReturns raises funds from Cred's Kunal Shah, others
The company, which was founded by BITS Pilani graduates Kenish Shah, Jayant Panwar, and Somil Mathur in 2021, has raised "an undisclosed amount of funding via a strategic round from the leading angel investors."
Blinkit promotes long-time exec Rishi Arora to co-founder
Sajal Gupta, who has been serving as engineering manager in the quick commerce startup since January, has also reportedly been promoted to the role of tech chief.
Pseudonymous social network Zorro rebrands as Hood ahead of US expansion
Hood allows users to share, confess and discuss various topics freely using a pseudonym on the platform.
Substack laying off 14% of its staff
Substack CEO Chris Best told employees that the cuts affected staff members responsible for human resources and writer support functions, among others, according to a person familiar with the discussion.
Start-up Street | Harmony between investors and entrepreneurs critical to a start-up's success
Investors and entrepreneurs may publicly make a show having aligned interests but an undercurrent of tension and conflicting interests is always present
Slice gets shareholders' approval to raise Rs 200 crore through NCDs
The debenture issue follows the company's Series C round where it raised $50 million
Rupifi introduces MUNAFA community platform to help MSMEs
MUNAFA will serve as a trusted source of information, content, and business connections for Indian MSMEs supporting them across every stage of their journey, the fintech said.
Prepare for scrutiny if you want to play the big boys' game: Experts on RBI's recent fintech crackdown
The RBI's notification could be the end of credit-linked prepaid cards and wallets
Loco launches Legends, an NFT platform for esports
The first asset on the Loco Legends platform will be NFT esports cards, which combine NFTs and free-to-play esports fantasy gaming
Ola to shut Dash, its quick commerce business, and merge cars unit with electric division
The firm has said the move is part of its strategy to accelerate its electrification journey and build on its core capabilities in mobility and financial services
Game dev tools startup CloudFeather Games bags $1.25 million from Lumikai, others
CloudFeather Games is building a suite of competitive formats that aims to provide developers a new way of monetisation beyond in-app purchases and ads.
WinZO picks up majority stake in Upskillz Games for Web3 gaming foray
WinZO will onboard Upskillz's blockchain and Web3-based offering to its content portfolio while also adding its 1.3 million captive audience base to its platform.
Startup layoffs unlikely to spread to other sectors, says Monster India CEO Garisa
Sekhar Garisa expects startup layoffs to continue but is positive on hiring across sectors, with a robust outlook on the IT sector
FanClash secures $40 million from Alpha Wave, Sequoia, Info Edge, Polygon
FanClash aims to bring fantasy sports format to the esports segment, allowing users to build fantasy teams of professional gamers
