New tax regime: Govt sees six fold jump in GST collections from online money gaming companies post 1 October 2023

Union Revenue Secretary Sanjay Malhotra in a post budget interview to CNBC TV 18 today said online money gaming platforms are paying Rs. 1200 crores per month GST on an average from 1st October, 2023 since the new GST regime of 28% on deposits was introduced compared to Rs. 200 crores per month on an […]
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Esportz Premier Series concludes spectacular grand finale, crowns champions across genres

The third edition of India’s yearlong esports championship, Esportz Premier Series, concluded at the NESCO Center in Mumbai on January 19th and 20th. Drawing together gamers, fans, athletes, streamers, content creators, and brands, the Grand Finale showcased the expertise of 80 top esports athletes from across India who emerged victorious from a pool of over […]
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Supergaming’s Indus Battle Royale beta launches globally, amasses 8.5 million pre-registrations

SuperGaming, India’s prominent game developer, has revealed the latest phase of its global expansion strategy for the Indo-Futuristic battle royale game, Indus, through the launch of the Indus Battle Royale Beta. This release follows a closed beta period for selected iOS users that commenced in December. The overwhelming response with over 8.5 million pre-registrations underscores […]
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Games24x7 unveils 15 start-ups in GameTech Accelerate Programme at GAFX 2024

Games24x7, a prominent online skill-gaming platform, in collaboration with the Government of Karnataka, unveiled 15 shortlisted start-ups for its innovative GameTech Accelerate programme at the annual Gaming, Animation, and VFX (GAFX) 2024 event in Bengaluru. This marks a significant step towards promoting innovation and growth in India’s dynamic online gaming industry. Launched in December 2023, […]
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Karnataka aims for gaming excellence with the launch of a state-of-the-art centre

Karnataka, a stalwart in the animation, visual effects, gaming, and comics (AVGC) sector, is set to reinforce its leadership by unveiling a cutting-edge Centre of Excellence (CoE) dedicated to gaming. The announcement came from Priyank Kharge, the Minister for Information Technology, Karnataka, during the Games24x7 Accelerator Program at GAFX 2024 in Bengaluru. As per a […]
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Mahadev app online gambling network busted in Udaipur: multi-crore transactions exposed

The police in both Udaipur and Salumber districts have intensified their efforts against online fraud and online gambling. Acting on information received, Salumber SP Arshad Ali became aware of the spread of a betting network involving the Mahadev app in the district and surrounding areas. Taking the information seriously, SP Arshad Ali formed various teams […]
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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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