Liquidnitro Games, a Hyderabad-based gaming company, announced on Wednesday that it has secured $5.25 million in seed funding led by Nexus Venture Partners, along with contributions from international angel investors. These funds are allocated for various purposes, including the establishment of a studio, investment in artificial intelligence (AI) and other cutting-edge technologies, and enhancement of […]
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Harsh Jain, the co-founder and chief executive officer of the fantasy gaming platform Dream11, stated that the company has no intentions of venturing into global markets. Speaking at the Startup Mahakumbh event in New Delhi, Jain emphasized the advantages of focusing on the domestic market in India. “A lot of people have asked why we […]
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The review of the 28% Goods and Services Tax (GST) on online gaming has been deferred until after the conclusion of the general elections, as informed by an official familiar with the situation, mentioned in a post on X by NDTV Profit. The meeting of the GST Council is expected to be postponed until after […]
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It has come to light that the Union Home Ministry’s efforts to amend the Lotteries Regulation Act, 1998, and revise the Lotteries Regulation Rules, 2010, were halted seven years ago due to several petitions from prominent market players, including Santiago Martin’s Future Gaming and Hotel Services. Future Gaming and Hotel Services is a significant buyer […]
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As the gaming landscape continues to evolve, offering players iconic characters and gameplay experiences. Whether you’re gaming on a laptop, desktop, or popular consoles like PlayStation or Xbox, quality headphones are essential for fully immersing yourself in the gaming world. Budget gaming headphones offer an affordable option for gamers who want decent audio quality and […]
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The Chinese embassy in Singapore has issued an advisory to its citizens, advising against engaging in gambling activities within the sovereign state’s casinos. The advisory, reported by Reuters, highlights the potential legal implications under Chinese law for such actions. In the statement released on Monday, the embassy explicitly reminded citizens against participating in gambling activities […]
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At the India Gaming Show in Pune, the Confederation of Indian Industry (CII) stated that India’s gaming industry stands on the brink of growth, with boundless potential for job creation in the world of esports and game development. As reported by Daijiworld, speaking at the event, R. Dinesh, President of CII, portrayed India’s skill in […]
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Leader of Opposition and AIADMK General Secretary, Edappadi K Palaniswami, criticized rival political party DMK, accusing them of accepting over Rs.500 crore from lottery king Santiago Martin’s Future Gamings and Hotel Services through electoral bonds, reported DT Next. Palaniswami’s put out a post on X, shortly after the Election Commission of India (ECI) released details […]
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Authorities have arrested four individuals for their alleged involvement in trafficking activated SIM cards to Vietnam, intended for use in online gaming and social media applications. According to police reports released on Sunday, the accused received payments through a cryptocurrency platform recently banned in India. As reported by NDTV, Deputy Commissioner of Police (IGI Airport), […]
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The Enforcement Directorate (ED) has started its inquiry into the endorsement deals of Bollywood celebrities with FairPlay app, a subsidiary app of Mahadev Online Book. This probe is to investigate money laundering activities. Viacom18 officials have been summoned to provide statements regarding the matter, which stems from an FIR filed by the broadcasting company, alleging […]
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