Circle of Games, a Web3 multi-gaming platform, has raised $1 million in funding from investors Nazara Technologies and The Hashgraph Association, it announced on 17th April. signalling a resurgence in the Web3 gaming sector. Money Control mentioned that according to an exchange filing by Nazara Technologies, the company is investing up to $500,000 in Circle […]
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LightFury Games, a gaming startup managed by industry veterans, has secured an investment of $8.5 million in a seed funding round led by well-known investors including Blume Ventures, Mixi Inc, and Gemba Capital. The funding round also saw participation from investors such as Kunal Shah and Gaurav Munjal, highlighting the growing interest in the Indian […]
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The Anti-Extortion Squad (unit I) of Pune Police’s crime branch captured 10 individuals suspected to be part of an international betting syndicate involved in online betting on ongoing IPL matches. The raid, conducted in the Bhusari colony area of Kothrud at 9:30 pm on Saturday 13th April, led to the seizure of goods valued at […]
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Former Chief Minister of Chhattisgarh, Bhupesh Baghel, raised questions about the central government regarding the Mahadev app. Contesting elections from the Rajnandgaon Lok Sabha constituency in Chhattisgarh, when questioned about his alleged involvement in the Mahadev app case, he reacted strongly, reported IndiaTV. He questioned the central government, asking how much money has been involved […]
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In a crackdown against online gambling activities, police in the Supela, Newai, and Padmanabhpur areas of Durg-Bhilai district have taken necessary actions. On Sunday, the Supela police apprehended two individuals operating the Mahadev app’s panel near a hookah bar. Similarly, the Newai police caught two suspects engaged in online gambling while driving around in a […]
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HP is now intensifying its focus on gaming, a segment that currently contributes 22% to 25% of its overall consumer business. With the recent launch of its new range of AI-enabled gaming laptops, HP is positioned to further expand its presence in this fast growing market. As reported by The Economic Times, the industry reports […]
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During the Chhattisgarh election campaign, Union Home Minister Amit Shah commented on the Congress party and former Chief Minister Bhupesh Baghel. He said that while there have been numerous scams in the country, no one has ever committed a scam in the name of God, referring to the Mahadev App scam, Mahadev being another name […]
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As the Indian online gaming industry continues to grow, stakeholders are gearing up to address a challenge post-general elections: the burden of Goods and Services Tax (GST). With the current tax regime taxing online gaming at full face value, industry insiders argue that this approach is unsustainable, particularly for startups in the sector. As reported […]
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Goa witnessed a shutdown on illegal gambling activities as the state police conducted raids on 29 gambling dens. This raid resulted in the arrest of 29 individuals. This operation was aimed at curbing gambling. The police have so far seized approximately Rs. 50,000 reported the Times of India. The raids spread across the state of […]
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