Gaming Industry

Tencent has committed over Rs 10 crore towards skilling, mentorship and ecosystem development initiatives for India's gaming and AVGC sectors

This is the first time a gaming company has publicly shared India-specific paying user growth numbers

Nazara's revenue from operations, however, declined 23.53 per cent to Rs 397.78 crore in Q4FY26 from Rs 520.2 crore in Q4FY25

Dream11 parent Dream Sports has launched AI-powered stock broking platform DreamStreet as it continues to diversify beyond fantasy gaming, betting on first-time investors and Tier-2 and Tier-3 users

The Enforcement Directorate on Friday arrested three founders of online gaming platform Gameskraft in an alleged fraud-linked money laundering case, officials said. They said Deepak Singh, Prithvi Raj Singh and Vikas Taneja have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA). Deepak Singh and Prithvi Raj Singh were arrested from the Delhi-NCR region and subsequently a transit remand wad obtained for producing them before a Bengaluru jurisdictional court. Taneja was arrested from Bengaluru and has been produced before a court, the officials said. The arrests came after the central agency filed a money laundering case against Gameskraft Technologies Ltd and other associated entities taking cognisance of multiple police FIRs related to alleged cheating and fraud. The ED also undertook raids in the case on Thursday at 17 locations in Delhi-NCR and Karnataka leading to seizure of certain documents, they said. The platform, as per ED offic

Apple mostly defeated Epic's lawsuit, but was required in the judge's 2021 injunction to let developers include links in their apps directing users to non-Apple payment methods

Call of Duty 2026 may drop support for older consoles, allowing developers to focus on newer systems, though the company says the game is not being developed for PS4

Gaming company Roblox has appointed former Amazon Web Services senior executive Sunil Rao as Managing Director for its India arm, the company said on Thursday. Rao will serve as Roblox's senior representative and market lead in the country, overseeing day-to-day execution of Roblox India's strategy working with local teams and partners, the company said in a statement. "Roblox announces the appointment of Sunil Rao as Managing Director, Roblox India. Rao will join Roblox India this May to help strengthen the company's local presence in the country, foster partnerships, support the creator ecosystem and align local market needs with global product and business priorities," the statement said. Rao was previously part of the leadership team at Amazon Web Services (AWS), where he led strategy and corporate business development across the Asia-Pacific and Japan (APJ) region. Prior to AWS, Rao was a partner at Lightspeed Venture Partners, where he worked closely with founders and emergin

Gaming firm Metasports Interactive secures $20 million from Metica to scale user acquisition and drive global expansion of its cricket game Hitwicket

Industry players say PROGA rules will help distinguish e-sports from real-money gaming, curb proxy platforms, and bring regulatory clarity, though some gaps remain

Bengaluru-based AAA gaming studio secures funding from VCs and Indian cricketers as it prepares to launch 'eCricket' and scale live operations

The government has notified online gaming rules mandating user safety features and grievance redressal, with new norms set to come into effect from May 1

BIS move aims to protect young users from sensitive content

Government is likely to relax gaming rules by removing mandatory registration for non-monetised games and easing compliance requirements ahead of new framework

From arenas to national teams, esports in India is evolving into a structured, multi-billion ecosystem with global ambitions, creator economies and policy backing

Gaming firm plans Rs 500 crore fundraise via preferential warrants to back acquisitions such as Bluetile and BestPlay and accelerate growth across business verticals

Nazara UK will initially acquire 50 per cent of the equity in Bluetile and Bestplay

The larger opportunity lies in the rapid expansion of the AVGC ecosystem. India's media & entertainment sector was estimated at around ₹2.5 trn in 2024 and is projected to reach about ₹3 trn by 2027

A CUTS International survey shows offshore real-money gaming platforms saw sharp increases in usage and spending after India's ban, with domestic users shifting activity to overseas operators

In a letter to staff, Asha Sharma said the company will expand across devices but keep the console at the centre of its strategy for players and developers