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
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
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
08
Jun2022
The public authorities are supposedly working on fostering a national framework for online gaming platforms to direct them without dialing back their growth rate.
As per an ET report, the Ministry of Electronics and Information Technology (MeitY) held a gathering with 40 online gaming platforms, including gaming unicorns like Mobile Premier ... Read More
07
Jun2022
Video game streamer and content maker Magsplay, also known as Mansi Gupta, spent around 6-7 hours playing games, for example, PUBG during the lockdown, and in the end, chose to begin her channel, which is a combination of video gaming and lifestyle content. Magsplay has collaborated with enormous brands like ... Read More
06
Jun2022
Today, most startups in India are hoping to trim their workforce and slice down expenditure to weather the subsidizing emergency that has struck the business hard. Industry gauges suggest more than 7,000 individuals have proactively lost their jobs in the environment, with a lot more gazing at a questionable future.
Against ... Read More
03
Jun2022
The public authorities are attempting to foster a structure to scout rural talent and present scholarships in the fields of animation, visual effects, gaming, and comics (AVGC) even as they intend to carry out a general strategy to support the sector, authorities acquainted with the matter said.
Four new committees under ... Read More
02
Jun2022
Uncharted, Evil Dead, Overwatch, Genshin Impact... these are not Hollywood movies, but rather online games that give you a high adrenaline rush each time you jump into them. Consistently, the number of online gamers in India floods because of the prevalence of these outwardly captivating, heart-beating games.
According to EY research, ... Read More
30
May2022
In an industry that is intensely experiencing a need to feel superior because of selfish business matters and the absence of a unified front, the central government is a welcome move, it wants to set up a high-level inter-ministerial task force to bring some order to the online gaming sector.
The ... Read More
30
May2022
Soon, 5G services will be launched, and it is set up to broadly transform the industrial and manufacturing situation in India. Ports, airports, oil and gas explorers, and makers, among others, are anticipating the rollout of 5G services as they embrace digitization.
Not only large industries in the manufacturing and infrastructure ... Read More