RMG ban sparks massive impairments as gaming majors erase India betsGaming companies are reporting large write-downs after India’s real money gaming ban, with major players such as Flutter, Clairvest and Naz...
Peak XV’s Pine Labs gains; Manipal group’s bid for Byju’s parentHappy Friday! Peak XV Partners is set to make big gains from Pine Labs’ public listing today. This and more in today’s ETtech Morning Dispa...
Canada’s Clairvest Group writes off investment in Head Digital Works after real money gaming banThe investment that had a carrying value of Rs 760 crore has been marked down to nil. This resulted in Clairvest reporting a net loss of ar...
Gaming company callenges new law in Karnataka High CourtHead Digital Works challenges the Online Gaming Act, 2025 in Karnataka High Court. The company questions the Centre's legislative competenc...
Covid-19 impact: How digital gaming became a serious businessThe growth stage owes itself a lot to changes in technology, how games are delivered, localization and so on. The PC and console gaming era...
Indonesia’s Go-Jek in talks to invest $30M in e-sports startup Mobile Premier LeagueThe company’s earlier fundraise was led by Sequoia Capital, which is also an early backer of Go-Jek.
Head Infotech acquires majority stake & invests $1 million in FanFightThe firm, which saw Canadian investment firm Clairvest Group acquire a majority stake investing $73.7 million in the gaming company last ye...
Share sale in India’s internet companies like Flipkart, Paytm to new investors provides breather to VC firmsThe investment exits this year are being crafted mostly through secondary share transactions, with new investors acquiring equity in a comp...
Matrix wants reruns of blockbuster cashoutsVC fund is gearing up for 3-4 more exits this year, especially from its healthcare investments.
Matrix Partners earns 20 times returns after selling its stake in online rummy gaming companyThe venture capital firm is said to have made over Rs 257 crore on its seven-year-old investment, as the Canadian investment firm Clairvest...
Canada's Clairvest buys majority in rummy portal Ace2Three for $74 millionAccording to Gullapalli, Clairvest Group’s existing investments in the global gaming industry will be of strategic help in exploring other ...