The Mobile Premier League (MPL) is releasing a new web3 gaming venture, GGX, as the gaming unicorn taps into the play-to-earn (P2E) gaming sector. MPL is in advanced talks to raise $10–$15 million through a simple agreement for future tokens from investors including Spartan Capital and Polygon, valuing the startup ... Read More
06
Jul2022
25
Jun2022
Gaming has become a form of entertainment and also an interesting mode of relaxation throughout the country. Fantasy sports are turning the zeal for sporting events into reality, with the popularity of fantasy sports in India rising high in a recent couple of years.
The huge fan base and rising interest ... Read More
24
Jun2022
In their initiative to promote inclusivity and the rights of the LGBTQ+ community, PokerBaazi.com, India's greatest online poker platform, has teamed up with globally renowned artist Jasjyot Singh Hans, known for his fine art praising magnificence in all colors, shapes, and sizes, to honor Pride month and release the "All ... Read More
24
Jun2022
Despite the Supreme Court's backing of online games of skill, confusion still exists in regards to its status. It's time to unshackle this rising sector from the inclination that exists against it. The autonomy of misconstruing the socio-economic role of this sector is positively detrimental to its development potential.
Throughout recent ... Read More
23
Jun2022
The online skill gaming body AIGF has recommended the Rajasthan government to extend the scope of its draft law for virtual sports to bring various formats of online skill-based games like rummy and poker under the regulation.
The All India Gaming Federation (AIGF), in response to the Rajasthan Virtual Online Sports ... Read More
22
Jun2022
In a cash-based deal, online gaming platform WinZO has acquired a majority stake in Gurugram-based startup Upskillz Games.
With this acquisition, WinZO will add Upskillz's blockchain and Web3 contributions to its platform. Moreover, it will likewise add Upskillz's 1.3 million engaged user base to its platform.
Both the gaming startups will team ... Read More
20
Jun2022
Nazara Technologies, a Mumbai-based gaming startup, announced on Saturday (June 18) that it will invest INR 20.10 Cr in Absolute Sports Private Limited.
In an administrative filing, the startup said that its board approved the investment on Saturday, which will be done via secondary purchases of equity shares from Absolute promoter ... Read More
20
Jun2022
Deltatech Gaming Limited, the organization which runs the poker platform Adda52, has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise INR 550 Cr through an initial public offering (IPO).
Once listed, Deltatech Gaming will join the online gaming platform Nazara Technologies ... Read More
17
Jun2022
A huge number of Indians every year gather virtual sports teams, putting their expectations on the players they pick to perform extremely well in real-world matches. On the off chance that the prediction is correct, users win money.
FanClash, a two-year-old Indian startup, is endeavoring to bring esports like the sleeper ... Read More
14
Jun2022
The Ministry of Information and Broadcasting has given rules for print, TV, and digital media to stop conveying ads on offshore gambling platforms.
"Wagering and betting are unlawful in many parts of the nation, and concerns have been expressed that ads for offshore gambling promote a movement which is generally to ... Read More