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ESPORTS INDUSTRY
Tencent bets on India’s creator economy with Rs 10 crore gaming and animation pushTencent is investing significantly in India's creative industries. The company will fund skill development and training programs for animat...
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...
Online gaming companies seek a clear regulatory playfieldIndia's online gaming sector is approaching the Ministry of Electronics and Information Technology for guidance on new gaming rules. Compan...
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
Our aim now is to create Indian games for local use and global exports: Krafton CEO KimMakers of popular video game PUBG looks to double down on investments and IP creation. Will invest both from its balance sheet as well as a...
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
NODWIN bolsters IPO plan as it ropes in Nazara's former key man Manish AgarwalNODWIN Gaming has appointed Manish Agarwal as a non-executive director. This move strengthens the company's leadership as it prepares for a...
Indian esports players increasingly see it as viable career optionEsports is becoming a lucrative career in India. Top players earn up to Rs 1 crore annually. Many players see it as a viable profession. Op...
Reliance and BLAST team up to shake up India's esports sceneReliance Industries subsidiary RISE Worldwide Ltd and BLAST Esports Ltd have formed a joint venture to boost the esports industry in India....
Government support can boost esports industry: Krafton's India CEOThe Krafton's India CEO was speaking at an Esports Conclave organised by the Physical Education Foundation of India (PEFI) and supported by...
Over 45% of serious gamers in India earn above Rs 6 lakh a year: reportAccording to PC and printer major HP, the growth of the esports industry is benefiting the Indian gamers' community with diverse career opp...
The esports world is starting to teeterAfter years of fanfare, esports in the United States are giving way to economic realities. Unable to turn a profit, team owners are cutting...
Esports industry will reset post BGMI issue, says Rooter founder Piyush Kumar“Rooter is clocking 3-4 million downloads a month and has a wide variety of game streamers. From $5 million ARR (annual recurring revenue) ...
India’s esports industry to become a Rs 1100 crore industry by FY25“Cricket presents a massive opportunity for growth of Esports in Commonwealth Nations. We are working closely with international bodies suc...
India’s esports industry set to quadruple in size by 2025: EY reportIndia’s esports industry is set to quadruple in size to Rs 1,100 crore by 2025 from Rs 250 crore at present—clocking a compounded annual gr...
Creativeland Asia founder picks up 40% in Revenant EsportsLaunched during the lockdown last year, Revenant Esports is home to more than 25 esport titles including ‘Call of Duty Mobile: Multiplayer’...
How the PUBG ban could adversely impact India's e-sports industryPUBG Mobile introduced millions of Indians to e-sports.