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ROOTER REVENUE
Ads to add-ons: This money generator is taking over Indian gamingThe Indian gaming industry is experiencing a dynamic evolution. An increasing number of players are embracing in-app purchases, a departure...- Real money gaming ban to unlock growth for ill monetised non-RMG titles: ReportIndia's gaming sector shifts focus to non-real money gaming. A new law banned real money gaming. Lightbox reports India has 420 million pla...
- For creators, regional apps are the gift that keeps on givingMid-tier creators are leaving Instagram and YouTube for regional apps like Moj, ShareChat, Rooter, Stan, and Eloelo to earn through virtual...
- Akamai eyes edge computing units in three Indian citiesIn a move to expand its global compute business, cloud computing giant Akamai Technologies is eyeing Indian cities like Delhi, Bengaluru, a...
- Game streaming firms plan global expansion; Razorpay’s $300-mn tax bill for reverse flippingTwo of India’s major gaming-focused streaming platforms are eyeing expansion in international markets to take on bigger rivals such as YouT...
- Indian game streaming companies eyeing a bigger play abroadGame streaming platforms allow gamers and gaming influencers to broadcast their gameplay sessions and interact with others. While gamers ca...
- 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...
- Gaming startup Rooter raises $16 million in funding led by LightboxThe Delhi-based startup aims to hit profitability by April 2024, and cross $10 million in annual recurring revenue (ARR) in the next three ...
- Live streaming platform Rooter to focus on partnerships to grow business, invest from revenueIn May 2022, live streaming platform Rooter said that it had signed a deal with esports team Godlike as part of its plan to invest Rs 100 c...
- Esports companies seek regulatory distinction between video games and real money gamesOnline games that involve staking money such as Real Money Games (RMGs) and Fantasy Sports are governed by separate online gambling legisla...
- Esports industry will reset post BGMI issue, says Rooter founder Piyush Kumar“Rooter is clocking 3-4 million downloads a month and has a wide variety of game streamers. From $5 million ARR (annual recurring revenue) ...
- Social media influencers’ incomes on the riseIt’s raining collaborations on Instagram for 24-year-old Vaishnavi Nalbalwar, who shifted six months ago to Pune from Raigarh. Though Nalba...
- Battlegrounds Mobile India set to make online gaming big again in IndiaThe launch of Battlegrounds Mobile India (PUBG Mobile India) is expected to not only boost India’s online gaming ecosystem, but also revive...
- Sports engagement startup Rooter finds its mojo in game streamingThe Indian platform pivoted to gameplay streaming during the lockdown and is now a leader in the segment.
- The art of live streaming: India's own are catching up fast with a viral, global phenomenonIndia’s live-streaming gaming industry is about $35-50 million, according to Rooter. It expects it to be $300 million in another three year...
- How the PUBG ban could adversely impact India's e-sports industryPUBG Mobile introduced millions of Indians to e-sports.
- Indian gamers upset over PUBG ban as community faces career lossThe move is expected to severely hurt India's small but fledgling game streaming and the professional gaming community. India's top game st...
- Bollywood couple Riteish, Genelia invests in Homeopathy startup WelcomecureWelcomecure intends to use funds to promote brand, strengthen its R&D and hire talent to build homeopathy healthcare solutions platform.
- Intex plans Rs 60 crore investment in IoT, technology startupsThe company’s immediate focus is to hunt for IT-enabled startups in the healthcare and Internet of Things domains.
- Intex Tech to invest upto Rs 200 crore in early-stage startupsMobile phone maker to invest in early-stage startups with ticket sizes ranging from Rs 10-15 crore
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