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Social entertainment startup Eloelo raises $13.5 million from Play VenturesFounded in July 2020 by Saurabh Pandey, Eloelo offers live video and audio streaming combined with gamification and micropayments, allowing...- IEIC, NIMHANS & GoI’s consumer affairs dept partner for study on tech de-addictionThe findings will inform evidence-based policy decisions, emphasizing the establishment of guardrails and the development of effective copi...
- Winzo Games records Rs 120 crore operating profit in FY23Winzo Games, a homegrown social-gaming startup, anticipates significant variations due to the impact of increase in GST which is expected t...
- Online gaming continues to grow, but GST change to “moderate” monetisation: reportAccording to a report from real money gaming (RMG) firm Winzo and non-profit firm Interactive Entertainment and Innovation Council, India c...
- Kratos Studios launches Rs 50 crore grant to shift games to blockchainThe Bengaluru-based firm will use the grant to convince studios to onboard their games onto Kratos’s blockchain through which the game’s pl...
- Sam Bankman-Fried has 'regret' for not probing $8 billion debt to FTXDuring a second day of cross-examination, the 31-year-old former billionaire said he had thought it "permissible" for his Alameda Research ...
- ETtech Deals Digest: Funding value down 74% this week as dismal run continuesEarly-stage deals commanded the highest pie share, with $48.1 million out of the total $86 million funding tally.
- Eloelo raises $22 million in funding from Courtside Ventures, Griffin Gaming PartnersThe funding happened at a valuation of between $100-150 million, founder and chief executive Saurabh Pandey told ET in an interaction, with...
- Metaverse gaming platform AvatarLife raises $1.5 million from Info Edge Ventures, othersInfo Edge Ventures, the investment arm of Naukri.com parent Info Edge India Ltd, has led a $1.5 million seed funding round in metaverse gam...
- WinZO concludes third round of ESOP liquidationThe third round is available for everyone who has served a minimum of two years with the company, encompassing approximately 25% of its cur...
- ETtech Deals Digest: Funding for Indian startups dropped 79% YoY this weekHere is a list of startups that raised money this week.
- YCombinator-backed gamified savings startup Fello raises $4 million in fresh funding roundThe gamified fintech platform had raised $1 million in its seed round in November 2021.
- Winzo looks to double workforce, hiring for tech, animation, design, business rolesSo far, the firm has rolled out 50 offers and expects to roll out about 30 more by the end of the placement season.This year, it plans to d...
- FanCraze raises $100 million in a funding round led by Insight PartnersThe newly raised capital will be used to fund the expansion of the company’s metaverse across the cricket landscape for current and emergin...
- Gaming startup WinZO raises $65 million from Griffin Gaming PartnersPhil Sanderson, co-founder of Griffin Gaming Partners, will join WinZO’s board of directors, as part of the fundraising deal.
- Hike exits WinZo through $12 million buybackEarlier this year, Hike had announced shutting down its primary messaging business and launched a conflicting gaming app Rush, similar to W...
- Indian dating app Aisle closes pre-Series A funding roundAisle will use the funding from Anas Rahman (MD, Hurun India) and Vinod Jose (founder, Konglo Ventures) and others to look beyond NRIs and ...
- Zupee raises $10 million funding from WestCap, Matrix Partners IndiaZupee's $10 million funding round underscores the traction that Indian online gaming startups — such as Dream11, Mobile Premier League and ...
- WinZo raises $18 million in Series B roundThe company has also benefitted from the Covid-19 induced lockdowns in India, which resulted in a spike in volumes and user engagement on t...
- Tappp gets $5 million in Series-A fundingADvantage is managed as a partnership between leAD Sports, and investment platform initiated by the grandchildren of Adi Dassler, and globa...
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