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Gaming unicorn Dream11's profit takes a hit in FY22

TMT

17 January, 2023

Gaming unicorn Dream11's profit takes a hit in FY22

Sporta Technologies Pvt. Ltd, which operates fantasy sports platform Dream11, saw its profit decline 56.7% to Rs 142 crore in ......

Lumikai, Fireside Ventures back gaming startup Giga Fun Studios

TMT

11 January, 2023

Lumikai, Fireside Ventures back gaming startup Giga Fun Studios

Bengaluru-based gaming startup Giga Fun Studios has raised $2.4 million in a seed round led by interactive media-focused fund Lumikai, ......

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Shikhar Dhawan's new venture scouts for sports tech firms to make early-stage bets

TMT

27 December, 2022

Shikhar Dhawan's new venture scouts for sports tech firms to make early-stage bets

Cricketer Shikhar Dhawan’s new venture capital fund Da One Global Ventures is scouting for sports tech companies worldwide to make ......

ShareChat shuts down Jeet11, fires 5% workforce

TMT

02 December, 2022

ShareChat shuts down Jeet11, fires 5% workforce

Google and Temasek-backed Mohalla Tech Pvt. Ltd, which runs social media platform ShareChat and short video platform Moj, on Friday ......

Beenext, Jafco Asia, others back gaming marketplace Driffle

TMT

08 November, 2022

Beenext, Jafco Asia, others back gaming marketplace Driffle

Driffle, a digital gaming marketplace, has raised $3.4 million (around Rs 27.8 crore) in a seed round led by Beenext. ......

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Indian gaming platforms sprint ahead despite regulatory, tax hurdles

TMT

14 October, 2022

Indian gaming platforms sprint ahead despite regulatory, tax hurdles

A looming threat of bans and increased taxation may stem the growth of online gaming firms in India. These firms, ......

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Lumikai's take on the Indian gaming landscape

TMT

07 October, 2022

Lumikai's take on the Indian gaming landscape

Gaming-focused venture fund Lumikai, which has backed platforms like Loco sees opportunities to create category leaders across the domestic gaming ......

Miko acquires majority stake in AI gaming startup

TMT

05 October, 2022

Miko acquires majority stake in AI gaming startup

Miko, an AI robot maker for kids, on Wednesday acquired a 70% stake in gaming platform Square Off for an ......

Outscal closes seed round with funding from Kalaari

TMT

21 September, 2022

Outscal closes seed round with funding from Kalaari

Delhi-based edtech company Outscal has closed its seed funding round with $1.5 million funding from venture capital firm Kalaari Capital. ......

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Rooter aims to turn cash positive in next 2 years: CEO

Consumer

16 August, 2022

Rooter aims to turn cash positive in next 2 years: CEO

Game and esports streaming platform, Rooter is aiming to turn cash positive in less than two years from now, on ......