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All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
- ED freezes Rs 526 crore bank deposits in PMLA case against GameskraftIn a major crackdown, the Enforcement Directorate has immobilised assets worth over Rs 526 crore from the online gaming platform Gameskraft...
- Gameskraft Arrests: All you need to know about the alleged Rs 1,000-crore betting scamThe Enforcement Directorate has arrested three founders of Gameskraft Technologies, including Deepak and Prithvi Raj Singh, and Vikas Tanej...
- Winzo founder Paavan Nanda vs ED: A timeline of key developments in the money laundering caseTaking a tough stance, the Karnataka High Court has warned the ED that it could impose Rs 1 lakh in costs if it finds the agency’s appeal a...
- TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
- Winzo Directors Saumya Rathore and Paavan Nanda sent to 10-day ED custodyWinzo Games Directors Saumya Singh Rathore and Paavan Nanda have been arrested by the Enforcement Directorate. A Bengaluru court granted th...
- ED widens net globally against online gamingIndia’s Enforcement Directorate says online gaming firms Winzo and Gameskraft may have moved money and gaming operations abroad through for...
- ETtech Explainer: Winzo founders' arrests, centre’s fraud charges a moment of reckoning for Indian gamingIn a startling turn of events, the founders of Winzo have been apprehended on charges of money laundering, casting a shadow over the Indian...
- Winzo completes fourth Esop buybackThe Esop buyback is part of WinZO’s efforts to attract and retain top technology and product talent amid challenges in the gaming industry.
- Online gaming firm WinZO surpasses 40 billion micro transactions in FY23, eyes 55 billion in FY24WinZO gamers use digital payment methods, predominantly UPI, to deposit funds in their WinZO wallet, which in turn is used for making the i...
- Winzo moves Delhi High Court for trademark infringement against GoogleThe company has alleged that when a user searches for Winzo on Google, the search result displays its competitors’ applications via Google ...
- WinZO first gaming app to feature on mSeva platformWinZO said it has over 100 million users from Tier 2 to Tier 5 towns, with 20% users making their first-ever digital payment on WinZO.
- WinZo pings government against egaming self-policing planFounders tell govt that SRO with any monopolistic entity may prove counter-productive.
- WinZO acquires Upskillz Games for undisclosed valuation“India is at the cusp of a global gaming revolution today and with the participation of great partners like Upskillz, WinZO is committed to...
- Gaming platform WinZO signs principal sponsorship deal with 2 PKL franchisesCapturing the Indian sentiment and a huge audience outside the periphery of mainstream sports such as cricket, WinZO inked this partnership...
- Gaming startup WinZO raises $65 million from Griffin Gaming PartnersPhil Sanderson, co-founder of Griffin Gaming Partners, will join WinZO’s board of directors, as part of the fundraising deal.
- Hike exits WinZo through $12 million buybackEarlier this year, Hike had announced shutting down its primary messaging business and launched a conflicting gaming app Rush, similar to W...
- WinZo raises $18 million in Series B roundThe company has also benefitted from the Covid-19 induced lockdowns in India, which resulted in a spike in volumes and user engagement on t...
- WinZO raises $5 million in Series A Funding from Kalaari and HikeWinZO is an e-sports vernacular gaming platform with monetary benefits and is available in 10 languages.
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