Gaming: Page 3

News and Trends

USD 100 million "Inevitable Games Fund" Set Up by Immutable, King River Capital, and Polygon Labs

According to the official statement, Immutable and Polygon Labs will be tasked to identify prospective investment opportunities. King River, on the other hand, will manage the process and deploy capital to gaming studios and Web3 infrastructure firms

Growth Strategies

"We Got Funded!" UAE-Based GameCentric Raises US$1.5 Million In Angel Investment As It Looks To Triple Its Regional User Base

Launched in December 2023, GameCentric was created as a platform that can be used by gamers across age groups and skill levels.

News and Trends

Why Everyone Is Looking Forward To This Game

2024 is expected to be a year of change in the development of the gaming industry, especially in light of the exciting new trend, GameFi.

Leadership

The King of Esports: Yash Bhanushali, Founder, Orangutan

It caters to the demography specific to the age group of 12 to 40 years, particularly Genz, millennials, and younger audiences

Franchise

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.

News and Trends

Nazara-backed NODWIN Gaming Acquires Comic Con India For Global Entertainment Expansion

According to the official release, the managing team at Comic Con India will become shareholders in NODWIN Gaming by swapping 27.5 Crores of their Comicon India shares with that of NODWIN

Growth Strategies

Web3 Inherently Has Anti-Monopolistic Qualities Embedded in it: Animoca's Yat Siu

Having started Animoca Brands in 2014 as a mobile games developer, Yat Siu pivoted the startup towards blockchain gaming and NFTs in 2018. Gaming has been one of the fastest adopters of it since it is a digital-first and a digitally native experience

Business News

Until Now, Only AI Could Beat Nintendo's Tetris. Enter This 13-Year-Old Kid.

"I'm going to pass out," he said. "I can't feel my fingers."

News and Trends

Year Ender 2023: A Mixed Year for the Indian Gaming Industry

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.

Technology

"We Got Funded!" Dubai-Based Gaming Studio Farcana Raises US$10 Million Seed Round

Farcana combines traditional competitive games with an inbuilt tournament system that guarantees Bitcoin rewards to the top 10% gamers.

Lifestyle

Living Out Of Games

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.

News and Trends

Gamers From Non-Metro Cities Increase nearly 10% in '23; In-app Revenue Grew 37% Y-o-Y: Report

According to the report, India's gaming market is projected to grow at a CAGR of 20 per cent to reach USD 7.5 Billion in the next five years

News and Trends

How Indian Gaming Startups Are Embracing 5G

Be it a PC gamer or a mobile gamer, 5G's arrival is sure to revolutionize the way one engages with digital games

Growth Strategies

The Convergence of Indian Gaming and Web3 Technology

While gamers are all about the game and what it offers, Web3 has the potential to decentralize the space and give everyone an equal opportunity to try their hand out.

News and Trends

How The 28% GST On Online Gaming Will Influence The Development Of The Gaming Market In India

The 28% GST on online gaming is a tax rate that will apply to the entire amount collected from the players who participate in online gaming activities, such as rummy, poker, fantasy sports, esports, etc.