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Krafton’s Rs 6,000 crore fund; India turns AI hotspotKrafton is planning to double down on India with its new fund. This and more in today’s ETtech Top 5.- Korean trio Krafton, Naver, Mirae Asset to set up India-focused fund of up to Rs 6,000 croreKrafton, Naver, and Mirae Asset are joining forces to unveil an investment fund dedicated to innovation across Asia, with a particular focu...
- Esports companies may cap player pay at Rs 2.5 lakh per monthLast month, about 15 esports organisations met to discuss that paying high salary packages to grab top players is impacting their business.
- ETtech Explainer: Esports set to reach new heights in India in 2024Organisers expect on-ground events to continue to gain in popularity. Game publisher Krafton, which disbursed Rs 3.8 crore in 2023, also sa...
- 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...
- Need for regulatory discipline in gaming sector: Loco founder Anirudh Pandita"While real money gaming...is not impacting us, in the actual gaming sector, there is obviously a need for regulatory discipline. We should...
- Gaming major Krafton launches incubator programme for Indian startupsThe incubator programme will enrol between six to ten “teams” every year, and offer between $50,000 and $150,000 as funding support, with “...
- Gaming major Krafton to invest another $150 million in Indian startupsOver the last three years, the firm has invested about $140 million in 11 Indian gaming and content-driven ventures including Nazara Techno...
- Exclusive: New law on digital competition likely to regulate Big Tech; IT Minister Ashwini Vaishnaw on Data Protection BillHappy Thursday! The government is planning a separate digital competition law instead of tweaking the existing Competition Act to regulate ...
- Game on: Krafton’s BGMI return revvs up Indian esports sceneThe lifting of the BGMI block on a trial basis in May has streaming platforms and tournament organisers alike projecting a bump in viewersh...
- BGMI Master Series 2022 records a viewership of 100 million on LocoHeld in New Delhi, the tournament had an overall prize pool of Rs 1.5 crore. It started on June 24th and concluded with a grand finale even...
- Big league beckons: Esporting in India fast approaches a turning pointIn February, INOX Leisure, India’s second largest multiplex chain that has presence in 71 cities, and the Esports Federation of India (ESFI...
- Loco launches ‘Legends’, India’s first NFT platform for esportsThe platform, Loco Legends, will partner with 50 of India’s most popular e-sports teams and allow fans to buy and trade in virtual collecti...
- Krafton invests $5.4 million in Nautilus MobileThe funding will help Nautilus deepen its penetration in more markets globally and broaden its scope to other games in addition to cricket.
- Gaming startup Rooter raises $25 million from Lightbox, othersRooter, a game streaming and e-sports platform, has raised $25 million (Rs 185 crore) in a Series A funding round led by Lightbox, March Ga...
- Tracking the buzz in techET spoke to a cross-section of people across technology companies to understand what they expect from the coming year.
- Pratilipi raises $48 million in funding led by KraftonExisting investor, Omidyar Network India, also participated in the round along with a clutch of startup founders, including Gaurav Munjal, ...
- Krafton may invest more to build digital ecosystem in IndiaThe company recently announced an investment in game streaming platform Loco and said it would chip in more if the right opportunity came u...
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