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LUMIKAI NAZARA
Ads to add-ons: This money generator is taking over Indian gamingThe Indian gaming industry is experiencing a dynamic evolution. An increasing number of players are embracing in-app purchases, a departure...
Real-money game over, battle will now shift to the old fieldFollowing the real-money game ban in India, traditional gaming studios anticipate growth as RMG players migrate to casual gaming. This shif...
India’s streaming platforms tap gaming craze to expand viewershipStreaming platforms are experimenting with a variety of formats, from unscripted bootcamp-style shows to fictional dramas. This reflects a ...
Indian gaming companies enter big league with rising monetisation, global acquisitionsIndia’s gaming industry is shifting beyond real money gaming as monetisation picks up in midcore and casual segments. Global investors and ...
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....
Quick-commerce grows beyond grocery; Tribe Capital’s latest India betHappy Friday! Quick-commerce platforms like Zepto, Swiggy’s Instamart, and Zomato-owned Blinkit are seeing a surge in sales for non-grocery...
VC Lumikai eyes 10-12 deals via India Fund-IIGaming and interactive media venture capital firm Lumikai has $58 million in AUMs from 15 portfolio companies, general partner Salone Sehga...
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...
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...
Nazara eyes tax crisis-hit real money game companiesThe RMG industry is facing a tax demand of more than Rs 1.5 lakh crore, after the government decided to levy a 28% GST on deposits made by ...
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 ...
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...
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 ...
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...
MPL’s game development unit Mayhem Studios raises $20 million from Sequoia, Steadview, Truecaller, othersThe fundraise has come in the backdrop of the central government announcing regulations for online gaming, which legitimises various forms ...
Industry flags concerns over self-regulatory body proposal for online gaming sectorOne of the key proposals in the online gaming policy is the creation of a self-regulatory organisation (SRO) that would be responsible for ...
CloudFeather Games raises $1.25 million in funding from LumikaiCloudFeather Games will use the funding to hire key personnel in business development, product, and tech.
ETtech Deals Digest | VerSe Innovation, Fetch Rewards, Nord Security raise fundsVerSe Innovation, the parent firm of online news aggregator DailyHunt and short-video platform Josh, signed definitive documents and raised...
Coders, studios in demand as India’s gaming industry boomsGrowing demand for entertainment, availability of design talent and rising investor interest are spurring video game development for mobile...