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Tag: Web3

Circle of Games secures $1M investment from Nazara Technologies and The Hashgraph Association

Circle of Games, a Web3 multi-gaming platform, has raised $1 million in funding from investors Nazara Technologies and The Hashgraph Association, it announced on...

GST Council likely to tax virtual digital asset-based transactions on online gaming platforms, casinos

With Web3 and blockchain gaming rising in the online real money gaming space, deposits and payouts in digital currency like NFTs and in-game items...

Delhi HC rejects Dream11-backed Rario’s interim plea against Striker in landmark judgment

Delhi High Court bench headed by Justice Amit Bansal has marked a rejection on Dream11-backed Rario’s plea for exclusive use of NFT technology on...

Sportiqo launches digital campaign ‘Khel On, Trade On’ with brand ambassador Robin Uthappa

With IPL 2023 underway, Sportiqo, a blockchain-based fantasy sports platform, has announced the launch of a new digital campaign featuring former India cricketer Robin...

Shark Tank India features blockchain-based gaming platform Bowled.io

Blockchain-based NFT gaming platform Bowled.io recently featured on Shark Tank India with co-founders Akshay Khandelwal and Rahul Singh seeking Rs 80 lakh in exchange...

Delhi HC: AIGF, Winzo file for intervention in Dream11-backed Rario’s suit against Striker

A petition to intervene in a lawsuit brought by Dream 11-backed Rario against Striker, a web three fantasy platform, has been submitted to the...

Kratos Studios raises Rs 160 crore; completes acquisition of IndiGG through token swap

Manish Agarwal and Ishank Gupta, today announced a fundraise of Rs 160 crore at a valuation of Rs 1200 crore for their new Web3...

Glip secures $2.5 million in funding round for its Web3 game discovery platform

The Web3 game discovery platform and wallet app Glip, which is based in Bengaluru, has raised $2.5 million in a fundraising round that was...

NFT marketplace Magic Eden partners with Polygon to develop blockchain gaming

NFT marketplace Magic Eden announced on Tuesday that it is integrating with Ethereum scaling layer-2 blockchain Polygon to further explore blockchain gaming and NFT...

Total number of gamers in India crosses 500 million mark in FY22: Report

A report by gaming and interactive media venture fund Lumikai has revealed that about one-fourth of Indian gamers in the financial year 2022 (FY22)...

Microsoft invests in blockchain and web3 game developer Wemade

Popular South Korean game developer, Wemade, which has forayed into blockchain ventures aggressively in recent years, has been backed by tech giant Microsoft as...

Immortal Game raises $12 million to build Web3 chess platform, TCG Crypto leads the round

Immortal Game, the company behind the Web3 chess startup of the same name, has raised $12 million in its latest round of funding, as...

SuperGaming releases its first Web3 game named Ethernia

SuperGaming, a game development firm based in Pune, released its first Web3 game named Ethernia, which will be made available to be played on...

MPL supports Web3 project launched by two of its employees

Mobile Premier League (MPL), an esports and skill-based gaming mobile application, has backed Striker, a digital platform dedicated to sports collectibles, which was launched...

Nitish Mittersain reveals Nazara’s ambitions in the Web3 and VR gaming sector

While several startups have turned their focus on profitability in the ongoing 'funding winter' and investors backing out from putting funds in companies, Nazara...