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Winzo founder Paavan Nanda vs ED: A timeline of key developments in the money laundering caseTaking a tough stance, the Karnataka High Court has warned the ED that it could impose Rs 1 lakh in costs if it finds the agency’s appeal a...- TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
- Winzo Case: HC warns ED of costs if challenge to Nanda’s bail is 'unnecessary’The Karnataka High Court warned the Enforcement Directorate (ED) of Rs 1 lakh costs if its appeal against real money gaming company WinZo's...
- ED chargesheets Winzo, alleges bots duped players of Rs 734 croreThe Enforcement Directorate has charged online gaming firm WinZO and its promoters, accusing it of rigging real-money games using bots and ...
- ED freezes Rs 192 crore linked to Winzo in money laundering probeThe searches were conducted on December 30 by the ED’s Bengaluru zonal office at the premises of an accounting firm associated with WinZO, ...
- Winzo Directors Saumya Rathore and Paavan Nanda sent to 10-day ED custodyWinzo Games Directors Saumya Singh Rathore and Paavan Nanda have been arrested by the Enforcement Directorate. A Bengaluru court granted th...
- ED arrests Winzo cofounders: All you need to know about Paavan Nanda, Saumya Singh RathorePer the ED, the gaming unicorn matched paying users against algorithms and not real people, which tilted the outcomes and ensured losses to...
- Winzo develops model to differentiate games of skill and chances with IITsThe statistical model, however, could be democratised and applied to any game without necessitating access to proprietary data or violating...
- Winzo launches cybersecurity programme to build open source technologiesThe programme, Code Health and Security Evaluation (CHASE) will be carried out in partnership with Indian Institute of Technology-Delhi (II...
- Social gaming platform WinZO reaches 100 million registered usersThe Indian gaming industry is home to around 433 million active online gamers, generating revenue of over $1.5Bn which is expected to reach...
- WinZO acquires Upskillz Games for undisclosed valuation“India is at the cusp of a global gaming revolution today and with the participation of great partners like Upskillz, WinZO is committed to...
- 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 ...
- 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...
- WinZO announces a second game developer fund with $5 million corpusWinzo's first developer fund was announced in July last year with a $1.5 million corpus. It was deployed across nine teams, all of which we...
- 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...
- ET Startup Awards 2020: Vedantu founders win Comeback Kid awardIngenuity in pulling off a pivot that is now the hallmark of Vedantu bagged them the award.
- Zo rooms raises close to $15 million from Tiger Global, Orios Venture PartnersBudget hotels marketplace Zo Rooms has raised an undisclosed round of series A funding led by hedge fund Tiger Global with participation fr...
- Backpacker hostel chain Zostel to launch startup incubation programmeBackpacker hostel chain will give out seed funding of up to Rs 10 lakh. Entrepreneurs will have freedom to customise, including hostel name.
- Backpacker hostel chain Zostel raises Rs 5 crore from angel investmentZostel, a chain of backpacker hostels for young travellers, has raised Rs 5 crore in a first round of funding from Malaysia-based angel inv...
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