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RARIO SHUT DOWN
NFT platform Rario’s FY23 losses widen more than ten-fold to Rs 560 croreBacked by real money gaming firm Dream Sports, Rario’s operating revenue grew to Rs 39 crore in FY23, compared to Rs 1 crore a year earlier
MPL-backed Web 3 fantasy platform Striker shuts down operationsThe shutdown comes amid several layoffs and closures in the online real money gaming sector, which followed the imposition of a 28% goods a...
ETtech in-depth: Rario collapse, tax woes bring curtains down on Dream Sports’ venture armGoing ahead, Dream Sports will scout for companies that widen the group’s sports offerings and are more strategic in nature, according to p...
No payment gateway access for non-permissible online games; won’t forego margins for growth: TCS CEO-designateAs the online gaming industry and the government move closer towards implementing a self-regulatory mechanism for the sector, the Ministry ...
Deep Dive: What's next for India’s NFT ecosystem as it shifts focus from filmi trifles to utilityThe super-short history of NFTs has been chaotic — from the dizzying heights of hype to a bone-rattling decline in the wake of a crypto sha...
Rario set to reopen with own blockchainRario raised $120 million led by Dream Capital, the corporate venture capital and M&A arm of Dream Sports, in April this year. The strategi...