Gameskraft lays off 120 staff after real money gaming ban in India

Gameskraft has laid off 120 employees as the online gaming ban shutters its core real-money business, extending health cover till March 2026 and pledging re-hiring priority

Gameskraft will lay off 120 employees after India last month banned online games played with real money, announcing the decision after shutting its Rummyculture platform.

 

The Bengaluru-based company has some 448 employees, according to data provided by Tracxn. Gameskraft said it is doing a “company-wide restructuring” after Parliament passed a Bill to ban real-money games (RMG), hinting it may cut more jobs.

 

“After careful deliberation, as part of this restructuring, we will be, as of now, letting go of about 120 Krafters (employees) across teams and functions, a decision we make with a very heavy heart. As the business continues to evolve in response to external realities, further structural changes may be required,” it said in a statement.

 

 

Laid-off employees will get group health insurance until March 2026, and so will those who had opted to cover dependent parents. Gameskraft is likely to offer placement support to employees and give priority to those laid off in hiring for new roles.

 

“While this step is driven entirely by the external environment and the need to adapt to a new reality, it in no way reflects on their talent or dedication. Our respect for our people remains unchanged, and we will try our best to support them as they transition into their next chapters,” said Prithvi Singh, founder and chief executive officer of Gameskraft.

 

The company joins the ranks of other firms who have decided to lay off their employees in response to the real money gaming ban.

 

Gameskraft, which has more than 15 million Rummyculture users, joins other RMG companies to announce layoffs after the ban. Zupee cut 170 jobs last week, joining Games24x7, Baazi Games and Mobile Premier League in rolling out pink slips.

 

Gameskraft said last month it will not challenge the ban as it explores new opportunities in India’s digital gaming landscape