Job News
Tag: India
Investment News
Nazara continues M&A push with Funky Monkeys and LearnTube investments
Acqusitions
Nazara subsidiary Nodwin Gaming acquires Trinity Gaming for $2.8 million
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Gaming Trends
India's competition watchdog launches probe into Google's real-money gaming policies
The investigation is expected to conclude in next two months
Investment News
Nazara nets $100m to accelerate strategic acquisitions and expansion plans
“We have our work cut out in front of us to deploy the capital diligently to create significant shareholder values,” said CEO Nitish Mittersain
Investment News
WTFund and Nazara Technologies back Norian Games and Xigma Games with $240,000 investment
“This fund is a small step in supporting companies that have made a mark with their innovative games”
Funding News
KGeN secures $10 million for web3-powered ‘gamer controlled’ economies
The latest raise brings the company's valuation to $500 million
Industry Outlook
India’s games industry is projected to reach $7.5 billion by 2028
India has 568 million gamers, 25% of whom are paying users, showing a 17% YoY increase
Indian Games Market
M-League launches Blast+ to bring free-to-play games to the growing Indian mobile games market
The new publishing arm will offer various expertise from localisation to live ops strategies
Emerging Markets
Supercell’s Games First 2024 explores emerging markets in LATAM, India and Africa
Emerging markets are presenting opportunities to grow audiences and new studios
Podcast | Episode 34
Subscription without upsell is death! And IDFA changes are good now? | Week in Mobile Games podcast
The PocketGamer.biz podcast team give you the state of play every week. Here's where to get it and and what's inside this week's episode 34...
Strategic Growth
Redwood acquires majority stake in Indian games streaming start-up Loco for $65m
The deal will see Loco expand to global markets
Funding News
Krafton leads investment round in India studio Deftouch to scale King and develop new games
Krafton India co-led the round alongside T-accelerate Capital and Lumikai Fund
Investment News
Nazara secures $108m to fuel further M&A
Nazara has also acquired an additional 19.35% share in Sportskeeda parent company Absolute Sports
India Insights
Why India's mobile gamers are more willing to spend in battle royale hits Battlegrounds Mobile and Free Fire
New report delves into player habits and market dynamics in the country
India Games Industry
Nazara invests $2.2 million in gaming community platform STAN
Nazara secured the deal through its subsidiary Nazara Dubai FZ
New Trailer
FAU-G Domination pre-registrations go live on Android
The Dot9 Games developed title aims to meet the demand of Indian gamers who desire locally relevant content
New Partnerships
Nazara partners with government of Telangana to launch AI center of excellence
The AI Center will focus on games and digital entertainment to position the company as a leader in the AI-driven space
Tech On Top In India
Indian Government launches ‘Create in India Challenge' initiative to support creators
The competition features 25 challenges in fields ranging from animation, filmmaking, video games and music
New Partnerships
Nodwin Gaming pens multi-year partnership with Insider.in for events in India
Insider.in will become Nodwin Gaming's official ticketing partner in India for all key IPs across games
World Entrepreneurs Day
India’s video games and esports sector powers growth with over 117,000 startups
This growth has made esports and gaming a viable career for both gamers and entrepreneurs
India Games Industry
Key Indian execs endorse PM Modi's Independence Day games business backing
Modi is also calling for the country to transition from being a games industry consumer to becoming a leading producer
Big Moves
Nazara’s $100m M&A war chest takes India’s largest games company global
CEO Nitish Mittersain on why Nazara could invest even more in deals and his ambitions of growing the company to a $10 billion valuation
Apple Vs Android
Mobile games revenue growth is at a snail’s pace on Apple as Android closes the gap
Android users spent $10 billion on mobile games in H1 2024, versus $13.8 billion on Apple
Antitrust Heat
India's antitrust investigation hits Apple for market abuse
Apple has denied wrongdoing stating it's a small player in India as Android devices are more dominant
Finding Funds
Felicity Games raises $700K in pre-seed to test 10 games within a year
Funds were raised from DeVC, Visceral Capital, and many angel investors
Android To Apple
Pre-registrations for SuperGaming’s eagerly awaited Indus on iOS are now open
The India-focused battle royale has already attracted 11 million pre-registrations on Android
Strategic Growth
Nazara eyes full acquisition of Kiddopia in $36m deal
The purchase could be finalised later this month
New Partnerships
Nazara and nCore partner to publish FAU-G Domination
Pre-registrations will be available on Google Play and the App Store later this year
Game Regulations
India's PM Modi says gaming industry doesn't need regulation
“There is no need for regulations. It [games industry] should remain free, it is only then that it will bloom.”
Five New Games
New release roundup: The best new mobile games from Web3 RPGs to comforting kittens
We highlight five new games that have broken cover and are all set to do big business
India-themed Gaming
Krafton opens pre-registration for India exclusive Garuda Saga
Eager to appease local regulators, equipped with a bow and arrow, Garuda must vanquish enemies and perfect his skills and powers to succeed
Installs For India
Ludo King surpasses 1 billion Play Store downloads in meteoric moment for Indian games industry
Ludo King is the first Indian mobile game to surpass the one billion install figure
Data Deluge
Mobile game downloads fell for the first time ever in 2023 to 88 billion
The Indian market downloaded over double the mobile games of any other region, but didn’t make the top 20 for spending
Regional Revenues
China and US accounted for more than 50% of the $107 billion spent on mobile games in 2023
data.ai’s latest report reveals all about regional revenue and download differences
Esport Support
Marcos Gaming completes pre-seed round to bolster Indian Esports
Funding from India Accelerator, Finvolve and SucSEED Ventures will support content creation, community growth and more
Positive Momentum
Trinity Gaming India, Lenovo, Intel, and YouTube join forces to bolster the Indian creator economy
Partnered creators will collaborate to produce content and participate as a team in BGMI, Valorant, and CSGO battles.
New Partnerships
Naraza Technologies snags deals with four developers as it ramps up new publishing arm
Nazara intends to release around 20 games across mobile, web3, VR, and PC platforms over the next 12 to 18 months
Esports Glory
China's Wolves wins $1 million Call of Duty: Mobile World Championship
Runner-up GodLike becomes most successful Indian team in the competition after finishing second
Regional Realities
India leads the charge while pricing concerns hinder Asian uptake in new monetisation report
Niko Partners' report shows that in-game purchases accounted for 87.8% of player spending in Asia, the Middle East and North Africa.
Popularity Surge
Battlegrounds Mobile India is the fourth most searched game of 2023
After garnering an impressive $58.9 million, BGMI now sits above acclaimed titles such as Baldur's Gate 3 and Diablo IV in Google's annual 'most searched' rankings
Indian Insight
Are core games the road to success? 49% yearly revenue growth projected in India until 2028
Lumikai and Google’s new report projects a $7.5 billion valuation for Indian gaming by 2028
Funding In India
Following 200M downloads, Blacklight Studio Works concludes its maiden funding round
The round was led by investment firm Udyat Ventures among others such as Kratos Studios and Dexter Ventures
Investment In India
Kratos Studios launches Kratos Games Network to invest in game studios
The $6 million fund aims to target ten to fifteen studios by March 2024
Favourable Foresight
Indian gaming market predictions fall by $1 billion, but steady growth continues
The region’s previous $8.6 billion projection has fallen to $7.5 billion
Acquisition Achieved
Modern Times Group takes 100% ownership of PlaySimple
Modern Times Group has seen a successful 2023 and goes from strength to strength with this latest deal
Investments
Developer Funstop secures $1.5 million funding from Indian investors
InfoEdge continue their investment in home-grown talent as part of India's increasingly vibrant mobile tech scene
Game Publishing
India's Nazara Technologies launches publishing division to support local and international developers
The company aims to launch up to 20 games across a variety of platforms over the next 18 months
Industry Investigations
India arrests Vivo smartphone executives in latest China retaliation
Vivo has previously come under investigation in a money laundering probe
Investment
Krafton launches India game incubator with $150k potential investment for local studios
The company is going all-in on the Indian market previously despite BGMI's withdrawal and subsequent reinstatement