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WINZO FRAUD CASE
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...28 Nov, 2025, 05.38 PM IST- 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...28 Nov, 2025, 08.09 AM IST
- Gaming sector on losing streak; Vizag’s data centre gold rushIn a jolt to the Indian gaming sector, the founders of Winzo Games were arrested in a money laundering case. This and more in today’s ETtec...27 Nov, 2025, 07.56 PM IST
- 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...27 Nov, 2025, 06.48 PM IST
- Real-money gaming ban triggers split in industry response: Legal challenge vs complianceWhile most big companies in the RMG space have complied with the new law, one firm, Head Digital Works, which owns India’s top online gamin...29 Aug, 2025, 07.29 PM IST
- SoftBank sheds another 2% in Paytm; will approach GST Council on 28% tax once gaming rules in place: ChandrasekharIn May, SoftBank had sold a 2.07% stake in Paytm through open market transactions that began in February. Prior to the latest transaction, ...18 Jul, 2023, 07.47 PM IST
- Delhi HC turns down Rario’s NFT plea against MPL-backed StrikerThe court observed that the information used by Striker, which is player name and data of a player’s real-word match performance, is freely...27 Apr, 2023, 12.08 AM IST
- Bhavik Koladiya sues Ashneer Grover; govt extends feedback deadline for draft gaming rulesKoladiya founded the fintech firm in 2017 with Shashvat Nakrani, his schoolteacher's son. In 2018, they began searching for a chief executi...18 Jan, 2023, 10.36 AM IST
- UPI market cap rules may be put off; banks tell customers to tokenise cardsThe National Payments Corporation of India’s controversial rules, which would impose a 30% market share cap on all UPI apps, may be postpon...06 Jun, 2022, 08.19 AM IST
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