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NFT based platform Rario raises a $120 million Series A funding

Cricket based NFT platform Rario announced its $120 million Series A funding round led by Dream Capital, the corporate venture capital and M&A wing of Dream Sports. The round also saw participation from Alpha Wave Global. The company has now become a part of Rario’s existing investors Animoca Brands, Presight Capital, and Kingsway Capital.  Rario …

Year Ender 2021: It’s game on for online gaming industry, just play it right for regulatory clarity

By Sameer Barde After a remarkable performance in 2020, the Indian online gaming industry’s run extended into 2021. The year was quite the roller coaster, ranging from increasing popularity to substantial investments far higher visibility to being (partially) banned in a few states of the country. Online gaming became a popular route for entertainment as …

Trinity Gaming joins hands with Blind Esports to strengthen influencer management portfolio

Trinity Gaming claims to manage more than 250 content creators in India Gaming talent management company Trinity Gaming has announced a partnership with Blind Esports marking its foray into South India. With this partnership, Trinity Gaming wants to strengthen its influencer management portfolio as Blind Esports is well-known for its esports rosters and content creators …

What online fantasy gaming needs to revolutionise the sporting industry in India

According to Niti Aayog’s estimates, with the right policies in place, fantasy sports have the potential to garner FDI of more than 10,000 crores in the coming years By Devanshu Jain The Covid-19 pandemic may have crippled certain industries, but it has also catapulted and breathed new life into certain others – particularly in the …

All online games are not gambling: Karnataka government misses the point

Over the last few days, the Bill has created much buzz on account of the apprehensions that the Bill seems to include online games which predominantly involves skills under the ambit of the definition of wagering By Sandeep Chilana The Karnataka Police (Amendment) Bill, 2021 (“Bill”) was tabled in the Karnataka Assembly’s during the ongoing …

Lakshya Institute joins hands with Dream Sports Foundation to support athletes

The selected athletes for the programme are Nupur Patil, Devika Ghorpade, Tara Shah, Sreeja Akula, Riya Habbu, Nupur Sheoran, and Sunil Kumar. Lakshya Institute has partnered with Dream Sports Foundation (DSF), the philanthropic arm of Dream Sports, to launch ‘One Dream, One Lakshya’ (ODOL) programme. The partners have launched ODOL to support seven promising athletes …

Games24x7 makes strategic investment in CricHeroes

This investment will be synergistic as it will help Games24x7 reach the bottom of the pyramid in cricket, Rahul Tewari, chief financial officer, Games24x7, said. Games24x7 has made a strategic investment in CricHeroes, digital player focused on the grassroots cricket ecosystem. This investment will help the companies to reach out to the underpenetrated grassroots cricket …