Mobile Premier League
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 ......
TMT
Tiger Global, ChrysCap, Peak XV say gaming tax puts plan to invest $4 bn at risk
Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi ......
TMT
Government levies indirect tax on online gaming companies
India on Tuesday decided to impose a 28% indirect tax on the turnover of online gaming companies, a state minister ......
General
Grapevine: Brookfield's biggest green bet in India; OfBusiness forays into food processing
Canadian investor Brookfield has agreed to invest $1 billion (around Rs 8210 crore) in Avaada Ventures in what will be ......
TMT
UpGrad pockets $210 mn in fresh funding
Upskilling unicorn upGrad on Monday said it has secured $210 million (around Rs 1,638 crore) in a fresh round of ......
TMT
Imarticus to acquire Skillenza after common investor push
Digital learning platform Imarticus Learning Pvt Ltd is in advanced talks to acquire data driven skill acceleration platform Skillenza in ......
