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What's next for esports cos; IT deal renewals hitIndia's video gaming companies are seeking policy support after the real-money gaming ban. This and more in today's ETtech Top 5.- Indian gaming companies enter big league with rising monetisation, global acquisitionsIndia’s gaming industry is shifting beyond real money gaming as monetisation picks up in midcore and casual segments. Global investors and ...
- JetSynthesys raises funding from global gaming giant KraftonJetSynthesys, backed by Adar Poonawalla and Sachin Tendulkar, receives funding from Krafton. This investment supports JetSynthesys' plan fo...
- JetSynthesys plans to list in next three yearsJetSynthesys, backed by Adar Poonawalla and Sachin Tendulkar, may go public within 18-36 months to fund expansion. The company targets 20-f...
- Byju’s investors spell out terms for fresh funding; ecommerce orders see Black Friday spikeInvestors at Byju’s have demanded the company meet certain conditions before they invest new capital amid a deepening fund crunch.
- Nazara Technologies board approves raising of up to Rs 750 crore through equity issueThis will be the first fundraise activity by the company after its initial public offering (IPO) in March 2021, when it raised Rs 583 crore.
- ETtech Deals Digest: Indian startups raised $617 million this weekBetween May 13 and 19, 2023, funding activity saw a 2.6% decline from the same period last year, when startups had mopped up $634 million a...
- Tata Digital revenue up 3x in FY22; TCS, BSNL close in on $2B deal for 4GTata Digital's consolidated revenue also includes businesses such as Croma, Tata Fintech, Tata Technologies and previous BigBasket acquisit...
- Krafton invests $5.4 million in Nautilus MobileThe funding will help Nautilus deepen its penetration in more markets globally and broaden its scope to other games in addition to cricket.
- CCI hears startups in Google case; CityMall joins grocery rushGoogle has been under fire around the world for its steep commissions and monopoly over payments on its Play Store.
- The hottest job in tech startupsTwo decades ago, it seemed you couldn't walk down a street in Bengaluru without bumping into a software engineer. Today, one of the hottest...
- Microsoft checks in to OyoMicrosoft has finalised a strategic investment in Softbank-backed Oyo Hotels & Homes.
- PUBG-owner Krafton picks up minority stake in Nodwin Gaming for Rs 164 croreA subsidiary of Nazara Technologies, Nodwin is into creating esports tournaments and events, and has brought ESL and DreamHack to India.
- Gaming industry is seeing a boom as firms cash in on everythingGaming companies have slowly moved from outsourcing backend work to India to developing complete games from here.
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