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WINZO FINANCIAL RESULTS
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...
Swiggy’s Rs 10,000 crore QIP; PhysicsWallah’s strong Q2 showHappy Tuesday! Swiggy got shareholders’ nod to raise fresh funds from institutional investors. This and more in today’s ETtech Morning Disp...
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...
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 trouble for Winzo, Gameskraft; Zetwerk IPO on the horizonED has frozen deposits of online gaming companies Winzo and Gameskraft. This and more in today's ETtech Top 5.
PUBG Battlegrounds maker Krafton eyes major expansion in India: ReportWith growth slowing in key markets like China and the US, Krafton sees India as a major opportunity. Sean Sohn, the company’s India head, t...
India’s online money gaming ban faces first legal challenge as A23 owner moves Karnataka HCHead Digital Works, the parent company of A23, has challenged the Promotion and Regulation of Online Gaming Law, 2025, in the Karnataka Hig...
ETtech Explainer: What’s the way forward for gaming industry after Lok Sabha clears Online Gaming Bill?The government says that the ban addresses the risks of fraud, money laundering, and terror financing, while encouraging the growth of e-sp...
ETtech Explainer: What happens after Lok Sabha clears Online Gaming Bill?While the government says the ban addresses the risks of fraud, money laundering, and terror financing, while encouraging the growth of e-s...
Cabinet approves blanket ban on online money games; proposes 3 years jail, fine upto Rs 1 croreThe cabinet has approved a bill to ban online money gaming due to addiction and financial losses. The bill proposes penalties for violation...
India’s AI job boom; Hackers fuel Indo-Pak fireHappy Thursday! Hiring in artificial intelligence (AI) roles is set to grow this fiscal, bucking tech industry trends. This and more in tod...
Online gaming startup Winzo reports 70% jump in FY24 revenue amid regulatory headwindsAdjusted net profit grew 2.5 times to Rs 315 crore, up from Rs 125 crore the previous year. Per Winzo, the financials reflect only six mont...
Govt for fair AI development; Google in CCI crosshairsHappy Friday! The government is leading multiple projects to foster responsible growth of AI. This and more in today’s ETtech Morning Dispa...
Wipro, Tech Mahindra post subdued earnings; Oyo says it is cash flow positiveAfter IT bellwethers TCS, Infosys and HCLTech posted muted results in the fourth quarter of FY23 and struck a note of caution with their FY...
Job-tech firms hit as startup hiring falls; IT firms’ clients focus on smaller deals amid downturnEdtech startups such as Masai School, Simplilearn and Relevel are reworking their approach because of the slowdown in the job market, espec...
WinZo pings government against egaming self-policing planFounders tell govt that SRO with any monopolistic entity may prove counter-productive.
Winzo sues Google over Play Store pilot; Infy cofounder weighs in on moonlightingWinZo, a regional language social gaming platform, has sought an injunction against Google’s decision to allow daily fantasy sports (DFS) a...