Zupee plans to shift its focus to developing online social games and entertainment avenues that "go beyond mere recreation"
Dream Sports CEO Harsh Jain said that regulation would have been the right approach to address the issue of societal impact and financial distress linked to RMG apps, as prohibition is likely to increase the prevalence of a black market.
Indian Game Publishers and Developers Association aims to promote the creation of original Made-in-India IP, bring Indian stories into gaming, and skill-building across the AVGC value chain.
'We are interested in building with this talent to dig ourselves out of this hole’ said Harsh Jain, the co-founder of the co-founder of Dream Sports, the parent company of embattled fantasy sports major Dream11.
Dream Sports CEO Harsh Jain described India's gaming law as an unexpected knockout punch but said he remains “a delusional optimist”, revealing a “two-year cash runway” which would help him retain talent.
Fantasy sports platform Dream11, which stopped paid contests last week, accounts for 95 percent of the revenues of Dream Sports and 100 percent of its profits.
The board will anchor #100DesiDeepTechs, a national initiative to identify and support India’s top 100 deeptech startups.
Sajith Sivanandan appointment comes at a time when Tata Digital is attempting to steady its leadership ranks and sharpen its strategy after a series of high-level exits.
WinZO's US expansion comes two years after its foray into Brazil in October 2023, following the government's introduction of a 28 percent GST on real-money gaming apps.
In a teaser clip from Zerodha co-founder Nikhil Kamath’s podcast People by WTF, Khosrowshahi said Rapido has emerged as Uber’s “prime competition
The announcement from Dream11 parent firm comes shortly after President Droupadi Murmu granted assent to the government's Online Gaming Bill passed in the Parliament.
Walmart is betting big on 15-minute fulfilment in India, even as rising infrastructure and discounting costs test the profitability of its international arm
D2C brands are rushing to load warehouses, bundle festive SKUs and jostle for visibility on Blinkit, Zepto and Instamart, even as staffing shortages slow down restocking and push up ad costs.
The proposed gaming law explicitly prohibits the offering of online money games or RMG apps, with penalties of up to three years of imprisonment or fines of Rs 1 crore for violations.
Rush, a casual RMG platform from Kavin Bharti Mittal's Hike, now intends to focus entirely on the United States and other global markets like the United Kingdom, Canada, and Australia.
There is a rising investor interest in VC funds due to attractive returns delivered, due to a good exit environment
GST losses from offshore gambling operators is pegged at over $4 billion, higher than the $3.5 billion in revenue generated by India's RMG industry, as per industry estimates.
Prosus’ over 4 percent stake in BlueStone is worth roughly Rs 355 crore, Info Edge’s over 2 percent comes to around Rs 198 crore, while Steadview and Think Investments hold stakes valued at Rs 81 crore and Rs 85 crore respectively.
A ban on online skill gaming would devastate a fast-growing industry, kill over 200,000 jobs and drive users to unregulated offshore platforms, industry bodies told Home Minister Amit Shah.
Tyagi’s untimely passing at around 50 years old follows a series of tragic losses in the startup community over the last year
The company also unveiled the S1 Pro Sport, priced at Rs 1,49,999, with bookings opening today and deliveries set to start in January 2026.
Felicity Labs will serve as the company's Southeast Asia headquarters, focusing on forthcoming acquisitions and operations in the region.
The changes include auto-application of free delivery and upfront disclosure of all charges in line with practices adopted by rivals such as Blinkit
The former Meta executive had joined the coaching major in 2022 to lead its digital arm, Allen Digital, and drive its online business.
The development paves way for Paytm to resume merchant onboarding and expand its digital payments infrastructure after nearly three years of regulatory uncertainty.
