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Blacklight Studio Works, creators of hit game Ludo SuperStar, has secured an undisclosed amount of investment in a funding round led by Udyat Ventures. Other investors included former CEO of Nazara Technologies, Manish Agrawal along with Polygon Ventures and Dexter Ventures. As per the official statement, the funding will be used for market expansion, hiring […]
The post Casual gaming startup Blacklight Games raises undisclosed amount of funds in maiden round appeared first on G2G News.

In light of the Enforcement Directorate’s (ED) claim that Chhattisgarh CM Bhupesh Baghel received Rs 508 crore from Mahadev Book promoters for election purposes, top Congress officials at the national level issued a statement today, defending Baghel and his government. The statement – issued by K.C Venugopal, Jairam Ramesh, and Abhishek Manu Singhvi – has […]
The post Mahadev Book: Congress defends Chhattisgarh CM Bhupesh Baghel, targets BJP appeared first on G2G News.

Gujarat High Court vide order dated 3 November 2023 stayed a show cause notice issued to fantasy operator Vision11 under section 74(1) of the CGST Act. The tax department has proposed to raise a demand of over Rs. 1700 crores alleging the services provided are in the nature of betting and gambling. Vision11 relying on […]
The post Skill vs Betting: Vision11 and Twelfth Man fantasy obtain stay on GST retrospective tax proceedings from Gujarat HC appeared first on G2G News.

The Enforcement Directorate (ED) made a shocking claim on Friday, November 3 in relation to the Mahadev Book betting probe. The claim said that Chhattisgarh CM Bhupesh Baghel received a whopping Rs 508 crores from the illegal app promoters. The news comes just four days ahead of the Assembly polls, which begin November 7. Notably, […]
The post Mahadev Book: CM Bhupesh Baghel accused by ED of receiving Rs 508 crore from betting app promoters appeared first on G2G News.

A writ petition filed by online gaming company Kamal Mishra and Associates Private Limited challenging the validity of the Central Goods and Service Tax (Amendment) Act, 2023 and CGST Amendment Rules pertaining to the newly imposed 28% GST on deposits for online money gaming websites was listed in Allahabad High Court on Thursday, November 2 […]
The post Allahabad HC issues notice in petition against 28% GST on deposits appeared first on G2G News.