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SAUMYA SINGH RATHORE
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 attaches $56 million held by gaming firm Winzo in overseas bank accountsThe funds were held by overseas shell companies of Winzo and operated and controlled by founders Paavan Nanda and Saumya Singh Rathore. The...
- 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, ...
- Karnataka HC tells ED to reply to Winzo Games petition on ‘illegal’ search by Dec 15The Karnataka High Court has issued a notice to the Enforcement Directorate. This follows a petition by WinZo Games challenging the agency'...
- 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 enters US market, adds short-video format amid real money gaming banIndian gaming platform Winzo has expanded into the United States, marking its entry into a mature mobile gaming market. This move follows W...
- Delhi High Court enforces restriction on unauthorized use of WinZO trademarksIn a recent ruling, the Delhi High Court has imposed a comprehensive ban on both identified and anonymous future unauthorized use of WinZO ...
- Winzo investing $25 million to expand base in Brazilian market, says cofounderThe move will help the business diversify outside of India. Brazil is the fourth largest gaming market in the world with a user base of 90 ...
- India’s likely 28% GST on gaming companies set to kill many players, hurt FDIs: WinZo Co-founder RathoreThe proposal of imposing a 28% tax on gaming companies still building IP and technology will lead to the destruction of newer gaming ventur...
- Ranveer Singh is the new brand ambassador of PepsiPepsi also unveiled a new campaign aimed at younger consumers as it prepares for a long summer, which could boost sales of cold drinks.
- WinZO first gaming app to feature on mSeva platformWinZO said it has over 100 million users from Tier 2 to Tier 5 towns, with 20% users making their first-ever digital payment on WinZO.
- WinZo seeks injunction against Google Play Store policyThe policy excludes a large sector of real-money games that have been classified as games of skill, making it unfair and restrictive, Saumy...
- Winzo expects to generate over one lakh jobs from gaming business over the next yearAs of date that number has grown to 1 lakh influencers who are earning Rs 75,000 to Rs 1 lakh on an average per month. We expect the number...
- 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...
- 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...
- eGaming companies have a field day as virus keeps millions homePaytm First Games reported a 200% increase in users in the past month as people stayed indoors.
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