Page 35 - Gaming

Gaming studio Bombay Play raises $7 mn in Series A funding led by Kalaari

With the capital raised, the company plans to invest it in scaling its existing 'hypersocial' game offerings, supporting upcoming projects while also devoting a sum towards innovation in the segment

Tencent Holdings's revenue grows at slowest pace in 2 decades

Tencent Holdings's revenue grew at the slowest pace since its 2004 listing, showing the financial toll of China's crackdown on its most lucrative businesses from gaming to advertising.

Esports gaming platform Gamerji raises $1.1 mn in pre-series A funding

Gamerji currently serves 2.3 mn gamers, has held over 29,000 tournaments; Since Dec 2020 seed round, it has increased user base by 3x and holds 200 tournaments a day for 15 titles

Global consumer spending in top 100 subscription apps climbed 41% in 2021

The top 100 non-game subscription-based apps saw their revenue grow 41 per cent year-over-year from $13 billion to $18.3 billion globally.

Metaverse platform Bullieverse raises $4 mn from VCs, blockchain players

The funding supports Bullieverse's mission to set up an open metaverse platform owned exclusively by Web3 enthusiasts, creators, and community of gamers

What does the future of online gaming with stakes look like in India?

Online gaming with stakes is navigating a maze of laws and courts in India. Let's take a peek into the realm of online gaming in India and the thin line separating skill-based and chance-based games

PUBG Mobile emerges as top grossing mobile game worldwide for Jan 2022

About 64 per cent of PUBG Mobile's revenue was from China

In-app gaming merchandising firm Rucept raises undisclosed seed fund

The company's products increase engagement, retention, and profitability for studios and creators.

Gaming start-up Atirath raises undisclosed amount in seed fund from Kalaari

The company develops games in casual and strategy genre and is preparing products for the metaverse.

In a first, animation and gaming segment finds place in Budget 2022

FM Sitharaman announces setting up of promotion task force in this space, industry hails move

Sony's PlayStation buys Bungie, game studio with Xbox ties

Sony is one of the world's biggest video game companies, but Microsoft has been ramping up its gaming ambitions

Fantasy sports firms contribute biz worth Rs 3,000 cr: Dream Sports CEO

During the IAMAI Digital Summit, Dream Sports co-founder and CEO Harsh Jain said the company is looking to invest in start-ups and anything that makes sports better

Gaming startup Zupee forms strategic partnership with Reliance Jio

This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users

In India you don't have casual payer, you have casual player: Games24x7 CEO

'Gaming came into the limelight during the pandemic, and we also saw a bunch of states passing laws to ban this space'', said Bhavin Pandya

YouTube trends 2021: Gaming tops India charts along comedy and pranks

Gen Z gaming became democratized and the gaming audience also expanded outside of the metropolitan areas, says top India exec

World's biggest junket operator Alvin Chau held, Macau casino stocks sink

The detention Chau marks the first time such a high-profile figure in the gaming industry has been targeted

Indian mobile gaming sector revenues to grow to $5 bn by 2025: Report

There are now over 300 million gamers in India, and revenue across all gaming devices reached $1.8 billion in 2020

Gamezop drives 650 mn minutes of engagement on MX Player with games

The companies inked deal a year ago, bringing Gamezop's games on MX Player

It's game on for online players, but regulatory woes in India remain

$794 mn investments pumped into Indian gaming industry in 2021, but regulatory woes remain

Karnataka's online gaming ban leaves the gaming industry disappointed

Earlier, the Home Minister of Karnataka had said that the government will notify the rules under the amended laws first and then issue a final notification after examining suggestions and objections