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Eloelo reports FY25 operating revenue at Rs 69.5 crore; expenses jump 67% on marketing spendsAs the live social entertainment startup’s business expanded, its expenses rose in tandem. Since its founding in July 2020 by Saurabh Pande...- Makena White’s death puts spotlight on causes dear to her, family seeks donations for Bruyère Clinic and Griffin Bell Fund to honor her, Jake Knapp reactsMakena White, PGA Tour professional Jake Knapp's partner, died at 28. Her passing occurred days before the Ryder Cup. Friends seek donation...
- 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...
- Nazara Technologies reports 43% increase in profit after tax at Rs 17 crore in Q4Nazara Technologies reported a 43% increase in profit after tax to Rs 17 crore for Q4 FY24. Operating revenue for March fell 8% to Rs 266 c...
- 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...
- 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...
- 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...
- 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...
- Youtuber CarryMinati roped in by WinZO as brand ambassadorAs a part of the deal, 22-year-old YouTuber, streamer, gamer, and rapper CarryMinati will generate gaming-centric content that is interacti...
- Winzo drags Mobile Premier League to Delhi HC over alleged copyright infringementBacked by California-based Griffin Gaming Partners, Winzo claims that in March 2022 it found out that MPL had copied one of its proprietary...
- Sequoia India, Lightspeed join $6 million round of Yield Guild Games India unitThe company plans to use the capital raised to focus on platform growth, onboarding Indian gamers to the web3 world of play-to-earn. It als...
- Microsoft leads $27 million funding in crypto startup Palm NFT StudioPalm NFT Studio's chief executive officer Dan Heyman said that the company intends to use the capital to scale its platform by investing in...
- French gaming company Gameloft partners with WinZOIndia accounts for 12%, or more than 150 million people, of Gameloft's downloads, but it accounts for only 0.6% of the company’s worldwide ...
- WinZO, Kalaari to launch 'The Gaming Lab'The Gaming Lab will invest up to $1 million in each of its investee companies, across all forms of interactive entertainment apps in India,...
- WinZO unveils $20 million game developer fundWinZO partners with third-party developers to host games on its Android app. It will cut cheques of between $100,000 and $1 million in exch...
- ETtech Deals Digest: Veg, Non-VegIn this week’s ETtech Deals Digest: Online meat vendor Licious raises $19 million in a Series F round; Green grocer Fraazo receives $15 mil...
- 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.
- iPhone users will soon be able to gamble with real moneyBig Fish Casino will arrive in Apple's App Store in the coming weeks, and Betable, partner of Big Fish, will process bets in the program.
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