financetom
Business
financetom
/
Business
/
Startup Street: Experts decode road ahead for India's gaming sector
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Startup Street: Experts decode road ahead for India's gaming sector
May 28, 2021 12:22 PM

The last one year has been an inflection point for the online gaming industry with the nation-wide lockdown and COVID-19 related restrictions helping the sector grow at an unprecedented pace.

Many startups in the space saw their valuations double or triple in a few months and the gaming sector in India attracted $544 million in investments during the August 2020-January 2021 period.

While the online gaming space is seeing a phase of hyper growth, the last few months have also seen increased legal and regulatory scrutiny for the business models of various companies in the real-money skill games space.

To talk about the road ahead for the gaming sector, Startup Street spoke to Bhavin Pandya, co-founder & CEO of Games 24X7; Sai Srinivas Kiran, co-founder & CEO of MPL and Vaibhav Kakkar, Partner at L&L Partners.

Watch video for more.

(Edited by : Bivekananda Biswas)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ingersoll Rand Insider Sold Shares Worth $2,061,863, According to a Recent SEC Filing
Ingersoll Rand Insider Sold Shares Worth $2,061,863, According to a Recent SEC Filing
May 22, 2024
03:46 AM EDT, 05/22/2024 (MT Newswires) -- Andrew R Schiesl, Senior Vice President, General Counsel, Chief Compliance Officer and Secretary, on May 17, 2024, sold 22,369 shares in Ingersoll Rand ( IR ) for $2,061,863. Following the Form 4 filing with the SEC, Schiesl has control over a total of 30,846 shares of the company, with 30,846 shares held directly....
Stellantis CEO: 'very tough' battle ahead against Chinese rivals
Stellantis CEO: 'very tough' battle ahead against Chinese rivals
May 22, 2024
MUNICH, May 22 (Reuters) - Stellantis ( STLA ) expects a major battle with Chinese rivals in the European market for electric vehicles and expects significant social consequences as a result, the group's Chief Executive Carlos Tavares said on Wednesday. We are not talking about a Darwinian period, we are in it, Tavares said at the Reuters Events Automotive Europe...
Carlisle Companies Insider Sold Shares Worth $24,613,051, According to a Recent SEC Filing
Carlisle Companies Insider Sold Shares Worth $24,613,051, According to a Recent SEC Filing
May 22, 2024
03:45 AM EDT, 05/22/2024 (MT Newswires) -- D Christian Koch, Chair, President & Chief Executive Officer, on May 20, 2024, sold 58,590 shares in Carlisle Companies ( CSL ) for $24,613,051. Following the Form 4 filing with the SEC, Koch has control over a total of 221,652 shares of the company, with 86,652 shares held directly and 135,000 controlled indirectly....
Update: 1 Dead, Multiple Injured on Singapore Airlines Flight Hit by 'Severe Turbulence'
Update: 1 Dead, Multiple Injured on Singapore Airlines Flight Hit by 'Severe Turbulence'
May 22, 2024
03:47 AM EDT, 05/22/2024 (MT Newswires) -- (Updates with statement from Boeing ( BA ) in the third paragraph.) One person died and others were injured on board a Singapore Airlines flight Monday from London to Singapore that experienced severe turbulence, the airline said in post on social media site X. The plane, a Boeing ( BA ) 777-300ER, was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved