Discover 10 articles related to Gaming
Krafton has announced six startups for the second cohort of its India Gaming Incubator (KIGI), extending support to emerging gaming hubs like Kolkata and Madurai. Each studio will receive up to $150,000 in funding, mentorship, and access to tools from partners like AccelByte, AppMagic, Liftoff's GameRefinery, and AWS.
Qila Games raised $1M in a pre-seed round led by Chimera VC to develop hybrid-casual games for Indian audiences. Founded by Dhananjai Hari and Neeraj Mishra, the startup is building new IPs and expanding its game portfolio to lead India's next gaming wave.
Triple Tap Games, founded by Karan Khairajani, has raised $1.2 million in pre-seed funding led by Eximius Ventures and Kalaari Capital. The investment will support the development and global scaling of mobile games in the 'relax and unwind' category.
Tamil Nadu has enacted strict regulations on online real-money gaming, banning minors, enforcing KYC verification, restricting gaming hours, and imposing spending limits to curb addiction and financial risks in the state.
PlaySuper raises $500K in seed funding led by IAN Angel Fund and 100X.VC to integrate real-world shopping into mobile games, enhancing player engagement and offering innovative monetization for developers.
Nazara Technologies has secured an INR 495 crore investment from Axana Estates LLP, strengthening its growth plans and global ambitions. The deal also includes a public open offer to acquire an additional 26% stake. Additionally, Nazara is acquiring two popular mobile gaming IPs to enhance its portfolio.
NODWIN Gaming has received a ₹64 crore investment from parent company Nazara Technologies to accelerate its expansion, enhance its IP portfolio, and strengthen its presence in emerging markets.
Nazara Technologies, led by founder and CEO Nitish Mittersain, is investing ₹196 crore to expand its gaming and entertainment portfolio. Key moves include acquiring a majority stake in Funky Monkeys Play Centers, investing in AI-driven LearnTube.ai, and strengthening subsidiaries Nodwin Gaming and Sportskeeda, reinforcing their position in the industry.
WTFund and Nazara Technologies have invested ₹2 crore in Indian gaming startups Norian Games and Xigma Games. Led by visionary founders, these studios are redefining Indian gaming with immersive titles like Aldian of Ancients and Rubek. This funding marks a milestone, showcasing the rising global potential of India’s gaming industry.
Funstop Games, a prominent gaming studio, has raised $5 million in a Series A funding round led by 360 ONE Asset, with participation from InfoEdge Ventures. Founded in 2020 by Prashanth Vijay and Tamesh Sharma, the company has generated $4 million in revenue and developed over 30 games. Popular titles such as Airport Rush and Perfect Time have driven the studio’s success, amassing over 75 million downloads and contributing to a global total of 100 million. With new funding, Funstop aims to enhance its ad-tech capabilities, expand its game portfolio, and focus on the spiritual gaming segment to bring Indian storytelling to a global audience.