Gaming Companies

Saudi's PIF-led consortium completes $55 bn acquisition of gaming giant EA

Electronic Arts is now privately owned after a Saudi-led consortium completed its $55 billion acquisition, adding EA to the Public Investment Fund's portfolio of gaming and technology investments

Atari posts highest annual revenue in over a decade on gaming revival

Atari, the arcade ‌and console pioneer that ​filed for bankruptcy protection ​just over a decade ago, is riding a broader ​industry shift toward mining back catalogues and nostalgia-driven franchises

The cost of creation: AI is rewriting the economics of making games

From teams and timelines to testing and iteration, the shift could finally turn India's gaming scale into original intellectual property

Tencent commits over ₹10 crore towards gaming and AVGC programs in India

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

BGMI paying users climb 17% amid rise in India's in-game spending trends

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

Roblox appoints former AWS senior executive Sunil Rao as MD for India

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

Centre likely to remove mandatory registration for non-money egames

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

India's gaming boom on rise but addiction oversight struggles to match pace

India has embraced gaming as an industry while the behavioural systems required to manage addiction are still evolving

Real-money games ban drove users to offshore platforms, survey shows

A CUTS survey finds offshore platforms gained sharply after India's real-money games ban, with their share of daily play rising to 42% and users spending more time on unregulated sites

Valve unveils new Steam Machine, Frame VR headset and more arriving in 2026

Valve unveils its next wave of gaming devices - the Steam Machine, Frame headset, and Controller - launching in 2026

Nintendo launches Store app on iPhones, iPad, Android: Check what's new

Nintendo has rolled out its official Store app in select regions beyond Japan, allowing users to shop for Switch consoles, games, and accessories while tracking play history across devices

Game developers to meet in Chennai for 17th IGDC meet in November

The 17th edition of IGDC will mark its Chennai debut from November 5-7, spotlighting India's growing $3.1-bn gaming industry and emerging regional ecosystems

Games24X7 to lay off 70% staff after govt ban on money-based online games

Digital gaming company Games24X7 has started the process to lay off around 70 per cent or around 500 employees, following the government's ban on all forms of money-based online games, sources aware of the development said. An email query sent to the company elicited no reply. "There were around 700 to 750 employees at Games24X7. The company is now laying off around 70 per cent of them. Around 500 people may be impacted," a source aware of the development said. The lay-off information was also confirmed by a company staff member who said "the majority of employees" are being laid off, but could not mention the exact number of people to be impacted. Several companies that were engaged in the real-money gaming business have started laying off the majority of their staff. The Promotion and Regulation of Online Gaming Act, 2025, passed by Parliament on August 21, bars all forms of online money games while promoting e-sports and other online games. The Act seeks to prohibit advertise

Head Digital moves Karnataka High Court against real-money gaming ban

A23 Rummy operator files first writ against the Promotion and Regulation of Online Gaming Act 2025, which bans real money games and ads, citing disruption to business and jobs

Games24x7 rolls out 3rd edition of TechXpedite accelerator programme

Games24x7 announces the third edition of its TechXpedite accelerator, offering support to early-stage startups in AI, gaming, sports, and inclusive technology.

SuperGaming raises $15 mn Series B to take Indus Battle Royale global

Pune-based SuperGaming secures $15 mn in Series B funding at a $100 mn valuation to expand Indus Battle Royale to Latin America and scale game development capabilities

Nazara Tech completes acquisition of UK-based Curve Games for ₹247 cr

Nazara Technologies acquires Curve Games in a ₹247 crore deal, aiming to expand into the $100 billion PC-console gaming market and enable global growth from India

Winzo FY24 results: Profit more than doubles to ₹315 cr; revenue up 70%

The gaming platform's revenue from operations grew 70.35 per cent from Rs 619.42 crore in FY23 to Rs 1,055.22 crore in FY24

Krafton India picks six studios for its second incubation programme

Four game companies were part of KIGI's inaugural batch in 2024. They have soft-launched their titles on platforms like Play Store and are gearing up for the release

Krafton acquires controlling stake in Nautilus Mobile for Rs 118 crore

Company's decision to acquire a controlling stake follows its initial investment of Rs 40.5 cr in Nautilus in 2022. The Pune-based game studio has developed the cricket gaming franchise Real Cricket