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...
01 Apr, 2025, 04.31 PM IST
We plan to have a significant ramp up in India: Krafton CEO CH KimThe CEO said that the company has invested up to $170 million in gaming and gaming adjacent industries as well as consumer industries that ...
17 Dec, 2024, 06.00 AM IST
Bitkraft Ventures sharpens focus on India gaming market; appoints Anuj Tandon as partnerTandon had earlier led investments for South Korean gaming major Krafton in India. He said the structure for US-based Bitkraft’s investment...
11 Dec, 2024, 10.20 AM IST
Gaming firm Krafton backs South Korean IMM Investment's maiden India fundThe fund will primarily target growth-stage companies with strong potential for an initial public offering, leveraging South Korean experti...
29 Oct, 2024, 12.35 PM IST
Hyderabad esports event makes itself heard amid World Cup dinEven as the country watched the thrilling T20 World Cup final on Saturday, a separate kind of event was unfolding in Hyderabad with a 1,000...
02 Jul, 2024, 01.24 PM IST
VCs chasing Indian studios working on complex gamesIndian studios attract investors for midcore and hardcore games like BGMI and FreeFire. Despite talent shortage, studios like Mayhem and Li...
10 May, 2024, 06.11 AM IST
Centre Court Capital launches $42 million sports, gaming tech fundIndia is home to three gaming unicorns in Game 24X7, Dream11 and Mobile Premier League, besides having the world's second-largest populatio...
04 Apr, 2024, 07.27 PM IST
No noobs here! Mobile gamers ride nippy 5GIndia's rapid 5G rollout revolutionized the mobile gaming industry, with titles such as BGMI and Call of Duty: Mobile taking the lead. The ...
04 Apr, 2024, 09.15 AM IST
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...
02 Jan, 2024, 06.47 PM IST
Game theory: How fortunes of India's gaming industry turned from being a sunrise sectorFrom being a sunrise sector to a stressed one, fortunes of India’s gaming industry have quickly turned. ET looks at what is driving the bul...
04 Dec, 2023, 03.04 PM IST
Game streaming startup Loco lays off 40 staffersAccording to multiple Loco employees ET spoke to, the company’s daily active user (DAUs) base has seen a dip recently and the launch of its...
30 Nov, 2023, 10.12 AM IST
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...
10 Aug, 2023, 11.14 AM IST
Byju’s troubles mount as board members, auditor Deloitte resign; Tata Digital rejigs top brassOn Thursday evening ETtech first broke the story of three of Byju’s key board members resigning. Soon after Deloitte, the edtech’s statutor...
23 Jun, 2023, 07.46 AM IST
Key Byju’s board members, auditor resign; Modi urges Micron to put India on semiconductor mapIt just doesn’t seem to end for Byju’s. As if loan defaults, losses, layoffs and other setbacks weren’t enough, three key board members of ...
22 Jun, 2023, 08.44 PM IST
Gaming focused VC Lumikai unveils Fund II, eyes $50 million corpusThe so-called Fund II follows Lumikai’s first fund that raised $40 million in 2020, a year after its inception. It has backed startups like...
22 Jun, 2023, 07.15 PM IST
Loco raises $42 million in funding led by Hashed, Catamaran VenturesThe company will invest in strengthening the content side, as well as in technology development around areas like Web 3.0 and blockchain, L...
10 Mar, 2022, 09.32 AM IST
Game streaming platform Loco raises $9 million from Krafton, LumikaiFollowing the fundraise, Loco will be spun off as a separate entity from Pocket Aces. Founders Anirudh Pandita and Ashwin Suresh will lead ...
28 Jun, 2021, 12.06 PM IST