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WINZO FOUNDERS ARREST
ED freezes Rs 526 crore bank deposits in PMLA case against GameskraftIn a major crackdown, the Enforcement Directorate has immobilised assets worth over Rs 526 crore from the online gaming platform Gameskraft...
Gameskraft Arrests: All you need to know about the alleged Rs 1,000-crore betting scamThe Enforcement Directorate has arrested three founders of Gameskraft Technologies, including Deepak and Prithvi Raj Singh, and Vikas Tanej...
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...
ED trouble for Winzo; Dissecting Eternal earningsThe ED has alleged that Winzo defrauded genuine users to the tune of Rs 734 crore. This and more in today’s ETtech Top 5.
From RMG ban to esports glory: India’s gaming rollercoaster in 2025India’s gaming industry had a volatile year, with rapid growth in online play, a sudden real-money gaming ban, and esports gaining official...
Vidit Aatrey on Meesho’s IPO; big gains for early backersIPO-bound Meesho sees no slump in ecommerce demand in India. This and more in today’s ETtech Top 5.
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 widens net globally against online gamingIndia’s Enforcement Directorate says online gaming firms Winzo and Gameskraft may have moved money and gaming operations abroad through for...
Gaming sector on losing streak; Vizag’s data centre gold rushIn a jolt to the Indian gaming sector, the founders of Winzo Games were arrested in a money laundering case. This and more in today’s ETtec...
ETtech Explainer: Winzo founders' arrests, centre’s fraud charges a moment of reckoning for Indian gamingIn a startling turn of events, the founders of Winzo have been apprehended on charges of money laundering, casting a shadow over the Indian...
ED conducts first raids along India-Myanmar border in drug money laundering caseThe Enforcement Directorate conducted its first-ever searches along the India-Myanmar border in Mizoram, alongside locations in Assam and G...
Shocking games: ED arrests WinZO founders in PMLA caseThe Enforcement Directorate has arrested WinZO Games founders Saumya Singh Rathore and Paavan Nanda under PMLA. The agency froze ₹505 crore...
SoftBank sheds another 2% in Paytm; will approach GST Council on 28% tax once gaming rules in place: ChandrasekharIn May, SoftBank had sold a 2.07% stake in Paytm through open market transactions that began in February. Prior to the latest transaction, ...
New gaming rules notified; industry heaps praise but conditions applyThe new framework that creates a distinction between online games and those allowing betting and wagering has drawn praise from industry me...