Esports

In this Manager’s Mantra episode Saurabh Shah, Head of People Operations, KRAFTON India, shares his insights about gaming and people management skills, addresses the misconceptions about gaming. > >

It will, however, take a lot more than formal recognition from the government or sponsors to bring e-sports to the grassroots, according to experts and industry players

Garena returns with TEZ FFMIC after three years. Free Fire Max players can register till July 13 to get a shot at Rs one crore in a multi-stage tournament

Reliance's wholly-owned subsidiary RISE Worldwide has entered into a strategic partnership with BLAST Esports to form a joint venture to conduct esports business in India, according to a joint statement. Reliance and BLAST will partner to develop market-leading Intellectual Properties (IPs) in India and introduce BLAST's global IPs to the Indian market for fans, players, and brands, the statement said. BLAST, a wholly-owned subsidiary of Denmark-based BLAST ApS, is one of the biggest tournament organisers in the world. It works with the world's biggest game publishers, including Epic Games, Valve, Riot Games, KRAFTON, and Ubisoft, to create leading global esports properties. "The JV's (joint venture) ambition is to attract top tier titles and events in the future," it said. India is the fastest growing gaming market with a massive gamer base of more than 600 million, which is 18 per cent of the total gamers globally. India's esports market is in the nascent stage and is expected

Sports technology market in India, comprising apps, devices, sensors etc, are expected to grow by 85 per cent to Rs 49,500 crore in the next four years, a joint report by fantasy games body FIFS and Deloitte said on Thursday. The report estimates that India's sports-tech market generated Rs 26,700 crore in revenue in the financial year 2024 and is projected to grow at a compound annual growth rate (CAGR) of 13 per cent by FY'29. "India's sports technology ecosystem is at an inflection point, with the market projected to grow at a 13 per cent CAGR to Rs 49,500 crore by FY'29," Deloitte India, Partner, Prashanth Rao said. He said that the advent of digital technologies are not only providing data for enhanced athlete performance but is also creating immersive fan experiences, leading to increased multi-sport following across demographics and opening newer avenues of business and business-led collaboration "Fantasy Sports continues to be a key driver in this evolution, fostering deepe

While some firms have already received tax demands, gaming industry bodies are lobbying to prevent aggressive enforcement actions until the Supreme Court resolves the matter

Gaming and sports media firm Nazara Technologies' board has approved five investments worth Rs 196 crore, including 100 per cent acquisition of stake in Sportskeeda owner firm Absolute Sports, the company said in a regulatory filing on Monday. Of the total Rs 196 crore, Nazara will invest Rs 148 crore in existing subsidiaries, including Sportskeeda, Nodwin Gaming, and Datawrkz, to increase its ownership in them and support their growth. The company will invest Rs 69 crore to purchase shares arising from exercise of ESOPs from the Sportskeeda management to increase its stake to 100 per cent in the company, making it a wholly owned subsidiary. Nazara Technologies board approved investment of Rs 64 crore in its subsidiary Nodwin Gaming. The investment will be done through subscription of optionally convertible preference shares. The funds will support Nodwin's expansion, enhance its intellectual properties (IPs), and strengthen its footprint in emerging markets, according to the ...

The shares of Nazara Technologies surged after the company announced that it has acquired a 15.86 per cent stake in STAN for Rs 18.4 crore (or $2.2 million) in an all-cash secondary transaction.

E-sports and gaming company NODWIN will enhance its stake to 100 per cent in its European peer Freaks 4U in a share swap deal valued at around Rs 271 crore, the company said on Friday. Singapore-based NODWIN is a material subsidiary of Nazara Technologies, a company headquartered in Mumbai. "NODWIN Gaming International Pte has signed definitive agreements to increase its existing 13.51 per cent stake in Freaks 4U Gaming GmbH to 100 per cent in tranches through a share swap valued at up to Rs 271 crore (Euro 30.3 million)," the company said in a statement. NODWIN will initially increase its existing stake in Freaks 4U to 57 per cent. "The remaining 43 per cent held by the founders Michael Haenisch, Matthias Remmert and Jens Enders will be swapped at a later time at its option. Existing investors of Freaks 4U Gaming will become shareholders of NODWIN Pte," the statement said. Freaks 4U generated Rs 223 crore (Euro 26.9 million) revenue in 2023. NODWIN acquired a minority stake in F

Sports commands appointment viewing at scale, making it a critical pillar for capturing a captive audience, especially in the realm of AVoD

Popular AAA games include titles like Minecraft, GTA 5, Call of Duty, and Fortnite, among others

Interim Budget 2024: Online gaming and esports industries have had an eventful 2023 owing to the GST Council's decision to impose a blanket 28% tax. Here's what the industries expect in the Budget

It has been a year since esport was officially recognised as a multisport event in India. For many, it has since become a career option

The Corporate Debtor (SMAAASH) has been involved in ongoing litigations, especially in connection with the trademarks and other brand content

India will hope for a rich medal haul from the athletics contingent who will begin their campaign on Friday, Day 6 of the Asian Games 2023. Saketh Myeneni and Ramkumar Ramanathan will play for gold

Asian Games 2023 Highlights, Day 4: Trio of Manu Bhaker, Esha Singh and Rythm Sangwan won Gold in 25m Air Pistol team event while Sift Samra did it in 50m Rifle 3 pos. India's medal tally reaches 22

India's DOTA 2 team will begin their campaign against Kyrgyzstan and the Philippines in their opening group stage games on September 29

SRBs must have experts in education, psychology, and child rights, according to government

Asian Games 2023 Day 1 Highlights: The Indian team won five medals in rowing and shooting while it secured a medal by qualifying for final in women's cricket

Esports makes its debut at the Asian Games as a medal sport after being played as a demonstration sport in the 2018 Jakarta-Palembang