Mumbai-based Nazara Technologies has garnered board approval for fundraising of Rs 250 crore from a mix of new and existing investors. Notable contributors include Zerodha co-founder Nikhil Kamath, Plutus Wealth, and ICICI Prudential Mutual Fund. This completes Nazara’s targeted fundraise of Rs 750 crore, as announced last year, with prior funding from SBI Mutual Fund […]
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In a much-anticipated gathering of the Animation, Visual Effects, Games & Comics (AVGC) industry, Bengaluru GAFX is slated to take place from January 29 to 31, 2024, at The Lalit Ashok, Bengaluru. Organized by the Ministry of ITBT, Karnataka, and ABAI, the event aims to foster knowledge exchange and propel the AVGC sector into a […]
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India’s largest interactive entertainment platform, WinZO, has revealed the ‘Bharat Tech Triumph’ initiative, aimed at boosting the global export of culturally relevant games and related technology originating from India. The program, designed to nurture homegrown startups, emphasizes offering essential resources like a global platform and access to foreign direct investment (FDI). Building upon the success […]
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In an operation, the Crime Branch of Goa Police detained 11 individuals on charges of participating in illicit gambling activities within a casino located at Candolim. The arrests followed a raid conducted at the Ocean 7 Casino, situated within the Novotel Hotel, Annawado, Candolim, in the Bardez taluka. According to police reports, the raid was […]
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Despite numerous warnings, illegal betting companies persist in their dealings, illustrated by Fun88’s recent decision to support Pro Kabaddi League’s Dabang Delhi. The online gaming platform, known for its extensive sports sponsorship portfolio in cricket, hockey, tennis, and football, continues to engage in promotional activities, clearly disregarding advisories from the government. In a move that […]
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The Karnataka High Court has recently quashed an FIR registered against eight accused of gambling by playing a card game ‘andar bahar’ in a hotel in Mangalore in 2010.  The accused were booked under Sections 79 and 80 of the Karnataka Police Act,1963.  Earlier, the trial court had convicted the accused for gambling and the […]
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