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WINZO REVENUE GROWTH
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.- 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.
- 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...
- 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...
- 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.
- 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...
- India's online gaming sector may cross $9 billion by 2029: ReportAccording to the data shared in the report, India is home to 591 million gamers -- about 20% of the total global gamers, around 11.2 billio...
- 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...
- CCI probe against Google; Nazara’s fundraiseIndia’s antitrust watchdog has ordered a probe against Google on alleged anti-competitive practices against real money gaming. This and mor...
- Online gaming continues to grow, but GST change to “moderate” monetisation: reportAccording to a report from real money gaming (RMG) firm Winzo and non-profit firm Interactive Entertainment and Innovation Council, India c...
- Online gaming likely to see hiring pullbacks; layoffsThe GST Council's decision, to be implemented from October 1, will not only impact fresh hiring but also lead to job losses, particularly a...
- Will request GST Council to reconsider 28% tax on online gaming: MoS Rajeev ChandrasekharAmid backlash from the online gaming industry over the imposition of 28% GST, Chandrasekhar has said he will “request the GST council for c...
- Fantasy sports platforms eye user base boost as IPL gathers paceAs per market estimates, the fantasy sports platforms could spend anywhere between ₹700 crore to ₹800 crore during the tournament.
- 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...
- Youtuber CarryMinati roped in by WinZO as brand ambassadorAs a part of the deal, 22-year-old YouTuber, streamer, gamer, and rapper CarryMinati will generate gaming-centric content that is interacti...
- WinZO, Kalaari to launch 'The Gaming Lab'The Gaming Lab will invest up to $1 million in each of its investee companies, across all forms of interactive entertainment apps in India,...
- 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.
- The pandemic ravaged companies, but some survived and even thrivedWhile many sectors battled the odds to survive during the lockdown, some could thrive like never before. What made them click in a crisis?
- 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...
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