Nodwin Gaming invests €8 million in Freaks 4U Gaming, secures 13.51% stake for global esports collaboration

Nodwin Gaming, the esports arm of Nazara Technologies, announced a substantial investment of €8 million (approximately Rs 75 crore) in Freaks 4U Gaming, a Germany-based esports agency. This investment secures Nodwin Gaming a 13.51 percent stake in Freaks 4U Gaming, reinforcing its position in the international gaming market. As reported by Money Control, breaking down […]
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Karnataka launches Rs. 20 crore VC fund to boost AVGC sector growth

The Animation, VFX, Gaming, and Comics (AVGC) sector, the Karnataka Information Technology Venture Capital Fund (KITVEN) has officially unveiled a dedicated Venture Capital (VC) fund with an impressive Rs. 20 crores. The announcement was made by P V Harikrishnan, the CEO of KITVEN Fund, during the “Investor Speak – Strategies for Staying Relevant and Resilient […]
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Top gaming chairs under 10,000: Affordable picks for professional gamers

Professional gamers spend hours with their skills to compete at the highest level. To achieve peak performance, they need more than just top-notch gaming gear – a comfortable and supportive gaming chair is essential. However, high-end gaming chairs often come with a heavy price tag. Fortunately, there are affordable options that provide comfort, durability, and […]
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Mayhem Studios unveils closed beta for highly anticipated AAA title “Underworld Gang Wars”

Mayhem Studios, backed by the gaming unicorn Mobile Premier League (MPL), has officially declared the closed beta phase for their groundbreaking AAA game, “Underworld Gang Wars” (UGW). The closed beta, following successful alpha playtests and a recent community playtest, allows selected users to experience the game first-hand after completing the registration process. Since the official […]
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Police arrest 11 individuals, for gambling at Hotel Vienna in Kathmandu

In a recent crackdown on the underground gambling scene in Kathmandu, police arrested 11 individuals, including 36-year-old Leela Dangi from Rolpa, for engaging in gambling activities at Hotel Vienna in Jyatha, reported Khabarhub. Acting on intelligence indicating Dangi’s involvement in gambling within room number 612 of the hotel, a police team from the District Police […]
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TN Govt’s SLP against Madras HC judgment striking down second ban law on online poker & rummy adjourned to 5 February

The Supreme Court on Monday took up the special leave petition filed by Tamil Nadu government challenging the November 2023 decision of the Madras High Court quashing certain provisions of second online gaming ban law as unconstitutional. The matter was listed before a three judge bench headed by the Chief Justice. Immediately after the commencement […]
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Telugu Big Boss 5 finalist Siri Hanumanthu promotes illegal betting website, claims users can win crores

Despite multiple advisories from the central government, Telugu celebrities continue to promote illegal betting platforms with impunity. BigBoss Telugu season 5 finalist was recently seen promoting an illegal gambling platform and making absurd claims of buying a Ferrari through gambling on the platform. Tollywood actresses Ritu Verma (2.2 million followers) and Nivetha Pithuraj (4 million […]
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Siddaramaiah envisions Karnataka as global leader in animation and gaming, targeting 30,000 jobs by 2028

Karnataka Chief Minister Siddaramaiah articulated the state’s vision to position itself as a global innovation leader in animation, visual effects, gaming, comics, and extended reality (AVGC-XR) technologies. Speaking at the Bengaluru GAFX event, he talked about plans to transform Karnataka into a center of excellence for AVGC-related skills, with the goal of generating 30,000 high-quality […]
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Invest India chief urges game developers to showcase Indian heroes from epics Ramayana and Mahabharata

Nivruti Rai, the Managing Director and CEO of Invest India, the National Investment Promotion and Facilitation Agency, encouraged gaming and animation developers to create narratives around Indian heroes from ancient epics like Ramayana and Mahabharata. The Week, reported on her speech at the inaugural session of Bengaluru GAFX-2024, an annual event for the Games, Animation […]
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Fearing potential legal action, Eventus International cancels offshore betting-oriented SPiCE India event, to hold the conference in Colombo instead

In a recent development, the SPiCE India event which was supposed to be held in Goa, will now take place at Colombo in Sri Lanka. The Society Against Gambling Trust (SAG) has raised concerns about the upcoming Strategic Platform for iGaming Conference & Exhibition India (SPiCE) event scheduled to take place from February 27-29, 2024, […]
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