Investments in the Indian gaming sector have plummeted by 77% from 2022 to 2023, dropping from $423.2 million to only $94.2 million, as per Tracxn, a Global Startup Data Platform. This downturn has not only affected the flow of capital but also led to a decrease in the number of funding rounds, which fell from…
In 2023, India experienced major changes in its tax policies, particularly in the online gaming sector. A new Goods and Services Tax (GST) rate of 28% on gaming has sparked widespread discussion and concern among developers, players, and industry stakeholders. GST Implementation on Online Gaming To implement this tax nationwide, at least half of India’s…
Krafton the renowned gaming company behind PUBG and BGMI (Battlegrounds Mobile India), has recently introduced an exciting new initiative called the Krafton India Gaming Incubator (KIGI). With India’s position as one of the world’s fastest-growing gaming markets, this initiative aims to nurture creativity, innovation, and talent in the Indian gaming industry. Here is everything you…
Recently, the developer of FauG revealed an exciting new project—a 5v5 MOBA (Multiplayer Online Battle Arena) game titled GuruDharma: The Age of Bravery. This game draws inspiration from India’s ancient characters, promising a unique blend of mythology and modern gameplay. Here is everything you want to know about the game. Creators Behind GuruDharma GuruDharma is…
According to the India Games Market Report 2023 by Niko Partners, India maintains its position as the fastest-growing gaming market in Asia. This growth is evident in the number of gamers, which is expected to increase by an impressive 343% from 2017 to 2027, reaching a remarkable 641.2 million by 2027. This surge is not…
In 2023, the gaming industry has witnessed a remarkable turn of events, as per the recent reports by IDC and DataAI. The reports shed light on the future course of the gaming industry, highlighting some intriguing shifts and trends that are set to redefine the gaming landscape. Mobile Gaming’s Rise in the Global Market The report…
