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WINZO REPORT
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...
- 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.
- ED chargesheets Winzo, alleges bots duped players of Rs 734 croreThe Enforcement Directorate has charged online gaming firm WinZO and its promoters, accusing it of rigging real-money games using bots and ...
- ED arrests Winzo cofounders: All you need to know about Paavan Nanda, Saumya Singh RathorePer the ED, the gaming unicorn matched paying users against algorithms and not real people, which tilted the outcomes and ensured losses to...
- ED trouble for Winzo, Gameskraft; Zetwerk IPO on the horizonED has frozen deposits of online gaming companies Winzo and Gameskraft. This and more in today's ETtech Top 5.
- Winzo enters US market, adds short-video format amid real money gaming banIndian gaming platform Winzo has expanded into the United States, marking its entry into a mature mobile gaming market. This move follows W...
- Online gaming startup Winzo reports 70% jump in FY24 revenue amid regulatory headwindsAdjusted net profit grew 2.5 times to Rs 315 crore, up from Rs 125 crore the previous year. Per Winzo, the financials reflect only six mont...
- India's online gaming sector may cross $9 billion by 2029: ReportAccording to the data shared in the report, India is home to 591 million gamers -- about 20% of the total global gamers, around 11.2 billio...
- Govt for fair AI development; Google in CCI crosshairsHappy Friday! The government is leading multiple projects to foster responsible growth of AI. This and more in today’s ETtech Morning Dispa...
- CCI orders probe against Google on Winzo’s complaintOnline gaming company Winzo has accused Google of abusing its dominant position in the market and its restrictive policies towards online g...
- Online gaming continues to grow, but GST change to “moderate” monetisation: reportAccording to a report from real money gaming (RMG) firm Winzo and non-profit firm Interactive Entertainment and Innovation Council, India c...
- Winzo investing $25 million to expand base in Brazilian market, says cofounderThe move will help the business diversify outside of India. Brazil is the fourth largest gaming market in the world with a user base of 90 ...
- Google: Can't dilute download warningGoogle has told the Delhi High Court that it cannot dilute or modify the disclaimer it displays when users download Winzo's gaming app usin...
- Delhi High Court asks Google to consider softer warning for WinZO app downloadsThe high court asked Google whether it can say the application is harmful when it does not know verified reports about it. “Can you say it ...
- WinZo pings government against egaming self-policing planFounders tell govt that SRO with any monopolistic entity may prove counter-productive.
- Youtuber CarryMinati roped in by WinZO as brand ambassadorAs a part of the deal, 22-year-old YouTuber, streamer, gamer, and rapper CarryMinati will generate gaming-centric content that is interacti...
- eGaming companies have a field day as virus keeps millions homePaytm First Games reported a 200% increase in users in the past month as people stayed indoors.
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