The ZeroPe app will offer instant pre-approved medical loans of up to Rs 5 lakh in partnership with Delhi-based NBFC Mukut Finvest
The launch comes at a time when India's real-money gaming industry has been hit hard by the government's decision to impose a whopping 28 percent GST on player deposits
Ashneer Grover has apologised for the delay in the launch of his new venture – fantasy cricket app CrickPe – which was supposed to coincide with the new season of the Indian Premier League (IPL).
CrickPe allows players above 18 years of age to create a virtual team of cricket players and enter paid contests to earn cash prizes based on their performance in real-life games, and will levy a 10 percent platform fee of the total funds received for any public or private contest.
The move comes ahead of the marquee Indian Premier League (IPL) tournament which is set to begin from March 31, 2023.