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ESPORTS DIVISION
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
eGaming regulator takes charge, focuses on eSports registrationsIndia's new Online Gaming Authority of India is now operational. Its immediate focus is registering eSports companies and resolving player ...
Nazara Technologies Q4 revenue nearly doubles; net profit rises to Rs 4 croreNitish Mittersain, CEO of the online gaming company, said Nazara expects greater contribution from high-margin gaming businesses this year,...
Nazara Technologies’ Q3 net profit drops 53% amid mounting expensesExpenses at the online gaming company rose 76% to Rs 530.9 crore, driven by a threefold rise in ad and promotional costs and an 86.5% incre...
Nazara subsidiary Nodwin Gaming acquires Trinity Gaming for Rs 24 croreTrinity Gaming serves as a Creator Service Provider (CSP) for Meta and gaming Multi-channel Network (MCN) for YouTube in India. It manages ...
NODWIN Gaming acquires Trinity Gaming for Rs 24 croreNODWIN Gaming acquires Trinity Gaming for Rs 24 crore, a deal involving cash and share swap. Trinity's founders will join NODWIN, continuin...
Nazara bets big on acquisitions to fuel future growthNazara Technologies' stock surged despite a weak Q2 performance, driven by strategic acquisitions aimed at boosting revenue and margins. Th...
Nazara net profit up 13% to Rs 24 crore in Q1, revenue dipsNazara Technologies saw a 13% rise in net profit to Rs 23.6 crore in Q1 FY25, despite a slight revenue decline to Rs 250 crore. The gaming ...
Nazara Technologies reports 43% increase in profit after tax at Rs 17 crore in Q4Nazara Technologies reported a 43% increase in profit after tax to Rs 17 crore for Q4 FY24. Operating revenue for March fell 8% to Rs 266 c...
Nodwin Gaming acquires Turkey-based esports firm Ninja GlobalNinja Global conducts tournaments, broadcasts and other esports-related activities across Turkey and the Middle East and North Africa (MENA...
Nazara Technologies reports 47% growth in quarterly profit, revenue up 2%Nazara’s esports division, which includes businesses like esports and media firm Nodwin and sports news firm Sportskeeda, contributed 55% o...
Indian sports sponsorship crosses Rs 9,500 crore mark in 2021: GroupM ESPThe growth was once again primarily driven by media spending and on-ground sponsorship around cricket, with the Indian Premier League and I...
JetSynthesys announces three key hires to strengthen core leadership teamWith over three decades of experience in business leadership, Nilanjan Mukerjee joins as the deputy CEO. He brings deep consumer insights w...
Battlegrounds Mobile India records 34 million players within a week of launchThe game is currently ranked number one among ‘top free games’ on Google Play Store.
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...
Indian sports sponsorship drops 35% to Rs 5,894 crore in 2020: GroupM ESPThe biggest share went to media, where advertisement spends on TV, digital and print media contributed to Rs 3,657 crore, or 62% of the tot...
Twenty First Century Media announces foray into eSports business, launches TCM eSportsThe new division will create engagement opportunities for brands and publishers to reach out to a vast majority of eSports fans who do not ...
As Covid-19 halts live matches, viewership of E-sports, virtual games skyrocketsOnline streaming platforms recorded a 43% jump in viewership in the week starting March 29.
Game on: Kae Capital puts funds in Hypernova InteractiveThis is the first investment in a gaming company by the early-stage investor
Making video gaming a medal sport: May the twiddliest fingers win eSportsIn case you give out an incredulous snort, remember, your beloved cricket made the grade only at the 2010 Asian Games in Guangzhou. And, ye...