Mobile gaming in India to reach $8.6 bn by 2027: Report
More opportunities have been created for mobile gaming companies in India following policy changes by Alphabet-owned Google in its Play Store, says the report.
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Indian gaming industry to add 1 lakh jobs by FY23: Report
The industry is projected to grow from ₹7,037 crore in FY’19 to ₹38,097 crore in FY’26 by a factor of five.
Nazara acquires U.S.-based WildWorks for $10.40 million
Nazara will acquire 100% of the company and its intellectual property from existing shareholders in an all-cash transaction.
Delta Corp surges 7% as gaming arm files draft papers for IPO
Deltatech Gaming, a wholly owned subsidiary of Delta Corp, plans to raise ₹550 crore via IPO; the issue consists of fresh issue worth ₹250 crore and OFS worth ₹350 crore.
Govt advisory prohibits online betting ads
In “larger public interest”, the I&B ministry has advised print and electronic media “to refrain from publishing advertisements of online betting platforms”.
Budget push for startups, digital economy
The proposed digital university with a personalised learning experience will make higher education more accessible and equitable, says Byju Raveendran.
Microsoft to buy 'Candy Crush' maker Activision Blizzard for $68.7 billion
The deal will also make Microsoft the world's third-largest gaming company by revenue, behind Tencent and Sony.
Gaming start-ups hit sweet spot with investors
Between January and October this year, home-grown gaming start-ups such as Dream 11 and MPL have raised over $430 million, more than double of last year.
40 Under 40: Meet the founders of Dream11
Dream11 is India’s first gaming unicorn, and claims to be the world’s largest fantasy sports platform with over 100 million users.
Why Indian gaming needs to be the earliest adopter of 5G
Online gaming the world over is poised for a disruption with the advent of 5G. It has the potential to turn this once ‘niche entertainment’ into an even bigger mass market phenomenon.
