The Indian gaming industry, which is made up of more than 900 small and mid-sized gaming companies, could experience a shake-up soon if the government continues with its anti-business policies and heavy taxation, Roland Landers, CEO, AIGF said. The industry apex body claims that there are currently more than 900 gaming ...
Tag: Indian gaming industry
August 28, 2023Admin akads
In the past few years, the gaming industry has gone through a massive transformation that has forever altered the way we enjoy digital entertainment. One of the key players in this transformation is Virtual Reality, a technology that has revolutionized the global gaming industry. And nowhere is the impact of ...
August 23, 2023Admin akads
The Web 3.0 revolution is shaking up the gaming world with a lot of advantages for game developers and gamers. Web 3.0 is the next step in the internet, and it's all based on blockchain technology, which means decentralised apps (dApps). Blockchain technology has lots of benefits, like being secure, ...
August 8, 2023Admin akads
New GST Rule: The new GST rule could cost companies and gamers more money, and make online games less appealing to players. But the gaming industry may adjust to the new rules and keep growing. What is New GST Rule? The online gaming tax has just gone up to 28% from 18%. This ...
August 8, 2023Admin akads
Gaming-focused venture capital firm Lumikai launches a $50M gaming, interactive media fund for gaming companies which includes Krafton (BGMI developer), Nazara Tech, Take-Two Interactive, Jon Vlasopulos (CEO of Napster) and Supercell. According to Invest India, a national investment promotion agency, India's pay-to-earn industry has raised a whopping $2.8 trillion from both ...
June 23, 2023Admin akads
The Indian Ministry of Electronics and IT has introduced new rules to safeguard online gamers from dangerous content through a self-regulation model, overseen by SROs. The Ministry of Electronics and Information Technology (MeitY) has issued new guidelines to protect online gamers from dangerous content. For the internet pay-to-earn sector, a self-regulation ...
May 29, 2023Roland Landers
According to the latest report by MoEngage, in collaboration with AppsFlyer and AppsTweak, mobile gaming in India is expected to reach $8.6 billion by the end of 2027, owing to increased smartphone penetration, the availability of smartphones at a reasonable price, and the availability of more affordable data plans. The paper, ...
May 12, 2023Roland Landers
In a landmark judgment on NFT and Web 3, Hon'ble Justice Amit Bansal of the Delhi High Court dismissed a plea by Rario against Web 3 fantasy platform Striker and digital gaming platform Mobile Premier League (MPL), to prevent Striker from using public information available on cricket players. The Delhi High ...
April 28, 2023Roland Landers
A young India, with more than half of the 1.4 billion people below the age of 40, is asking for growth and change. The government is piloting the economy through three key pillars—digital technology, infrastructure, and sustainability. It is through this lens that the recent rules by the Ministry of Electronics ...
April 11, 2023Roland Landers
The year 2023 is a successful year for esports- competitive tournaments and leagues in India as the government of India has officially acknowledged 'E-Sports' (Electronic Sports) as a part of multi-sports events. All things considered, esports players prepared thoroughly for rivalry and emphasised mental as well as physical preparation, particularly ...
March 16, 2023Roland Landers