Gaming firm Jetapult acquires stake in Saudi Arabia-based UMX Studio for $4.5 millionAlong with acquiring equity, Jetapult will provide capital to expand UMX Studio’s existing portfolio, increase its audiences across markets...
RBI says non-banks can't load credit lines on prepaid instruments; investors spooked as DeFi bubble popsOn Monday evening the Reserve Bank of India issued a clarification on prepaid payment instruments (PPIs) such as wallets and prepaid cards,...
Gaming firms turn focus to acquiring studios to boost growthThe Indian video games industry will be valued at over $2 billion by 2023, according to GlobalData. Such a lucrative opportunity is the big...
JetSynthesys' Jetapult to invest $100 million in acquiring gaming studiosJetapult will focus on acquiring and scaling revenue-generating Indie game development studios across emerging markets like India, South-Ea...