This Entrepreneur Built and Sold a Franchise for Millions. Now He's Betting Big on a $1.38 Billion — and Growing — Industry.
David Graham built and sold Code Ninjas for millions. Now, he's all-in on an emerging franchise market.
With Finance Minister Nirmala Sitharaman scheduled to present the interim Budget for fiscal 2024-25 in the Lok Sabha on February 1, there is a sense of optimism for the Esports industry in the upcoming year.
Presently, the market size was INR 16,428 crore in FY23 and is expected to reach INR 33,243 crore in FY28. Being a rapidly evolving landscape, several trends and events shaped the booming sector in 2023.
From mere 183 million in 2017 to 421 million online gamers in 2022, the Indian gaming industry has come a long way in the last five years.This massive growth has also led to a new breed of professional gamers and influencers in the country, especially in the esports segment.
While online gaming and real money gaming startups and enthusiasts are facing a setback with 28 per cent GST, Esports, on the other hand, esports is thriving with positive policies and announcements by the government
The journey of BLEED Esports is a story of resilience, grit, and an undying love for gaming
The two companies will co-develop and launch a series of esports intellectual properties (IP) and data-driven products and services for gamers in India
It all began in the 1950s, when basic games were created for minicomputers and mainframes, and a simple dot going around the screen had captured everyone's attention.
The collaboration marks a strategic development in Philips's foray into the gaming industry strengthening its commitment to reaching the GenZ audience
The startup will utilise the capital to expand its gamer community, gain deeper insights into user preferences, and establish a robust product-market fit
The co-CEO of ESL FACEIT Group shares knowledge he's picked up in his two decades of working in the industry.
The company plans to utilize the investment to bolster their esports rosters, content creators, and bootcamp infrastructure as well as invigorate their ambition of cementing
Calling it a one-of-its-kind of investment by the adtech company, it made sense for Globale Media to invest in an up-and-coming gaming startup in the country
The gaming app will be available for download in India on Google Play Store and Apple App Store after almost 10 months
The company will be utilising the funds to strengthen its technology capabilities, sharpen its product bouquet, and further enhance user experience on its platform