gaming industry

Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, held a crucial meeting with key stakeholders from India’s online gaming industry, urging their support for a "smooth and orderly transition" following the recent ban on real-money games. The meeting,...

Games24x7, the parent company of the popular fantasy sports platform My11Circle, has initiated a large-scale layoff process that is expected to impact approximately 400 employees. The move comes as the online gaming sector reels from a new government ban...

Mobile Premier League (MPL), one of India's leading online gaming platforms, is laying off approximately 60% of its local workforce, impacting around 300 of its 500 employees. The drastic move is a direct consequence of the recent government ban...

Zupee has stopped its real-money gaming (RMG) operations in India, effective immediately, in compliance with the new Online Gaming Bill, 2025, which was recently passed by the Rajya Sabha. The company, however, will continue to offer its free-to-play titles.The...

India's ambitious "one nation, one tax" regime, a cornerstone of the Goods and Services Tax (GST) implementation, is facing an unprecedented challenge. A recent Supreme Court ruling has sent ripples of uncertainty across the Over-The-Top (OTT) content and online...

India's gaming industry is on the cusp of significant expansion, with projected revenues reaching $4.5 billion by 2025, according to a recent survey by the All India Game Developers Forum (AIGDF). This growth is driven by increasing investments, technological...

Nazara Technologies, a leading gaming and sports media company, has made a strategic move into the short-form video market with a $250,000 investment in ReelSaga Innovations Private Limited. This investment secures a 3.57% stake in ReelSaga, marking Nazara's entry...

Mobile Premier League (MPL), a prominent skill-based gaming unicorn, has announced its first investment through its publishing division, Blast, in the Surat-based gaming studio XSQUADS. MPL has committed $2 million to acquire a 20% stake in XSQUADS, valuing the...

Nazara Technologies, a leading name in India’s booming gaming industry, has secured INR 220 crore from SBI Mutual Fund as part of its latest funding round. This strategic investment comes through a share subscription agreement, with SBI Funds Management...

Meta, the parent company of Facebook and Instagram, is making a significant push into India’s burgeoning gaming industry. Sandhya Devanathan, Meta's Vice President and Head of India, outlined the company’s ambitious strategy during the Indian Gaming Convention 2024, held...