Mobile Premier League
TMT
What's at stake for VCs, PEs as real-money gaming firms face a blanket ban?
India’s online gaming industry, once a darling of venture capital and private equity investors, is staring at an existential crisis ......
TMT
Parliament passes bill banning money-based online games, app shutdowns loom
India's parliament on Thursday passed a bill to ban online games played with money in a move that threatens the ......
Finance
RTP Global's Nishit Garg on India strategy, AI focus, startup trends, and more
India is set to receive a significant boost in venture capital funding as RTP Global, an early-stage VC firm known ......
TMT
Mobile Premier League acquires Lumikai-backed CloudFeather
Online skill-gaming platform Mobile Premier League (MPL) said Tuesday it has acquired a significant stake in gaming technology innovation company ......
General
Grapevine: Boat, Zomato, Brookfield, Porter, Piramal-Bain ARC, Oyo, MPL in news
Gentari Sdn Bhd has agreed to acquire a renewables portfolio from Brookfield Asset Management, while Zomato has enlisted Morgan Stanley, ......
General
Grapevine: General Atlantic-backed firm mulls IPO; NIIF-backed lender seeks funding
Capital Foods Ltd is weighing the possibility of floating an initial public offering after talks to sell a majority stake ......
TMT
Sleuths demand $12 bn in taxes from Indian online gaming companies
Indian tax authorities have served notices to online gaming companies demanding about 1 trillion rupees ($12.03 billion) in taxes that ......
TMT
Offshore online gaming firms must register business in India or appoint proxy to pay tax
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint ......
Finance
Picus Capital hires MPL exec as India head, plans Asia expansion
Early-stage venture capital firm Picus Capital has appointed a new partner and head of India and Southeast Asia as it ......
People
Peak XV-backed MPL to lay off 350 employees to "survive" after gaming tax
Indian gaming app Mobile Premier League will lay off 350 employees as it takes steps to "survive" a tax imposed ......
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