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ESPORTS STARTUP
Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...- China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
- UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
- Our aim now is to create Indian games for local use and global exports: Krafton CEO KimMakers of popular video game PUBG looks to double down on investments and IP creation. Will invest both from its balance sheet as well as a...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- LegaXy partners IIM Lucknow, Bhuvneshwar Kumar to launch sports, gaming acceleratorLegaXy, IIM Lucknow's Enterprise Incubation Centre, and cricketer Bhuvneshwar Kumar have launched India's first sportstech, esports, and ga...
- Government support can boost esports industry: Krafton's India CEOThe Krafton's India CEO was speaking at an Esports Conclave organised by the Physical Education Foundation of India (PEFI) and supported by...
- EsportsXO raises next funding round to fuel expansion and growthFounded by Vikas Goel, Utsav Umang, and Rohit Raj, EsportsXO aims to add comprehensive value to the entire gaming ecosystem, catering to th...
- Vi partners with Gamerji to launch e-sports platformThrough the partnership, Vi has launched an Esports platform on the Vi App under the umbrella of Vi Games which will host popular Esports g...
- Esports fantasy startup FanClash raises $40 million Series B roundFanClash's existing investors like Sequoia Capital and Falcon Edge also participated in the round.
- Tencent closes Twitch competitor Penguin Esports months after China banned a $6 billion gaming mergerTencent owned Penguin Esports shuts down its video game streaming platform just months after China banned a massive gaming merger that woul...
- States push to catalyse growth of e-sports and gaming venturesAccording to a recent report by the Internet and Mobile Association of India (IAMAI) in collaboration with OnePlus and RedSeer, the Indian ...
- Online Gaming: From Tokyo Olympics to Budget, the sector finds new supportersFor a sector that did not really exist before 2020 in India, Animation, Visual Effects, Gaming, and Comics (AVGC) sector is now projected t...
- Women: the focus of gaming platformsIt has launched a women-centric esports league to hunt for India's "gamer goddesses" and has announced special offers for women in their fl...
- EWar raises funds from IPV, JITO Angel Network & Hyderabad AngelsThe gaming startup plans to use funds for enhancing its products and technologies
- Lucknow-based startup Knocksense acquires 20% stake in The Times of EsportsThe Times of Esports portal, was recently founded in April 2020 by the founder of Joss Events, Sonal Talreja
- Why are investors betting on e-sports?Cobx Gaming, which organises esports tournaments of DOTA, FIFA, etc, has seen a growth from one-two teams in 2017 to six this year.
- $50 million-AET Fund to invest in startups in India, USWith an initial corpus of USD 50 million aimed at investing in India and the US, the fund aims to create distinctive values in content, med...
- Michael Jordan makes foray into esports with startup investmentThe basketball Hall of Famer and owner of the NBA’s Charlotte Hornets is joining an investor group putting $26 million into AXiomatic Gamin...
- In an India going digital, sports too takes an e-turnRelatively new to India, eSports is already a big phenomenon in the US, Korea, China and many European countries.
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