Dream11 parent won't fight Indian government over real-money gaming ban, says co-founder Harsh Jain
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.
Startup Policy Forum forms DeepTech Advisory Board to boost India’s deeptech ecosystem
The board will anchor #100DesiDeepTechs, a national initiative to identify and support India’s top 100 deeptech startups.
Tata Digital to appoint former Google executive Sajith Sivanandan as CEO from September 1
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 turns to micro dramas, US expansion after India's real-money gaming ban
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.
Uber CEO says Rapido, not Ola, is its top rival in India
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
Dream Sports' second innings: Dream11 stops paid contests, pivots to free-to-play games
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.
Quick commerce investments in Flipkart, Myntra pressure Walmart International’s profit margins
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 pile in inventory, double ad spends on quick commerce amid festive rush
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.
Online Gaming Bill: Dream11 parent firm, Gameskraft, Zupee, MPL begin suspending its RMG offerings
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.
Online Gaming Bill: Kavin Bharti Mittal's Rush to exit India following government’s proposed RMG ban
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.
Start-up Street | The emergence of franchise VC funds
There is a rising investor interest in VC funds due to attractive returns delivered, due to a good exit environment
India’s real-money gaming ban could put $25-billion sector and 200,000 jobs at risk, industry warns
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.
BlueStone IPO: Late-stage investors Prosus, Peak XV stare at paper loss; early backers Accel, Kalaari Capital, others exit handsomely
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.
Skill gaming bodies write to Amit Shah to stop real-money gaming ban, warn of large-scale job and investment risks
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.
We Founder Circle, Avinya Ventures co-founder Neeraj Tyagi passes away
Tyagi’s untimely passing at around 50 years old follows a series of tragic losses in the startup community over the last year
Ola Electric integrates homegrown 4680 battery cells into S1 Pro+ and Roadster X+, slashes prices ahead of festive season
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.
Mobile game publisher Felicity expands to Singapore
Felicity Labs will serve as the company's Southeast Asia headquarters, focusing on forthcoming acquisitions and operations in the region.
Zepto revamps app, drops 'dark patterns' amid regulatory pressure
The changes include auto-application of free delivery and upfront disclosure of all charges in line with practices adopted by rivals such as Blinkit
Allen Digital CEO Abha Maheshwari steps down after two-year stint
The former Meta executive had joined the coaching major in 2022 to lead its digital arm, Allen Digital, and drive its online business.
RBI clears Paytm for Payment Aggregator licence, merchant onboarding ban lifted
The development paves way for Paytm to resume merchant onboarding and expand its digital payments infrastructure after nearly three years of regulatory uncertainty.
Rapido’s food delivery offering to go live in Bengaluru’s Koramangala, HSR and BTM Layout
The zero-commission platform, called Ownly, will be available on the App Store and Play Store this week, offering offline-equivalent prices and a flat delivery fee for restaurants.
General Catalyst-backed Pronto shifts domicile from US to India within a year of launch
The shift aligns with Pronto’s expansion plans in the fast-growing instant home services market, where well-funded startups and incumbents are racing to capture urban consumers.
Quick service, quicker repairs: 15-minute home services become quick commerce’s next act
Startups like Snabbit, Pronto, and Pync are tapping into rising dual-income households and unpredictable live-in staff availability to meet urban India’s growing need for instant, reliable home services.
VC fundraising in India breaches $3-billion mark, goes past 2024 total
Fund cycles, better exits and stronger startup pipelines are drawing fresh capital back into India’s venture ecosystem
JetSynthesys strengthens leadership team with 3 key hires
The new hires come as JetSynthesys focuses on scaling its consumer and enterprise offerings globally.
