Investments in the gaming sector in India have crossed $1.6 billion in the first 9 months of 2021 and exceeded what was invested in the last five years, a report by boutique investment bank Maple Capital Advisors, in partnership with All India Gaming Federation (AIGF) has found.
The sector “is poised to attract greater capital across stages, and we expect increased cross border mergers and acquisition activity. We expect investments to increase in the sector in the next 12-18 months. Consumer traction (about 17 per cent of global traffic) on the back of greater awareness and engagement is likely to accelerate,” said Pankaj Karna, founder and MD, Maple Capital Advisors.
Even though monetisation in India is only around 1 per