Tag: premier
Zupee: Online gaming platform Zupee’s FY23 operating revenue more than doubles to Rs 831.5 crore
Gurugram-based online real-money gaming firm Zupee saw its operating revenue more than double to Rs 831.51 crore in FY23, from Rs 405.10 crore a year…
to the new: CVC, Warburg in race to acquire digital technology firm To The New
The US based private equity majors including CVC Capital and Warburg Pincus have joined the race to acquire To The New, Singapore-based digital technology company….
mobile premier league: Mobile Premier League net loss narrows to $37 million in FY23 as revenue grows, expenses fall
Bengaluru-based online real money gaming company Mobile Premier League (MPL) saw its net loss during the fiscal ended March 31 reduce sharply to $37.04 million,…
rephrase.ai: ETtech Exclusive | Adobe acquires Lightspeed-backed Indian generative AI startup Rephrase.ai
Adobe has acquired Bengaluru-based Rephrase.ai, which runs an artificial intelligence(AI)-powered video creation platform, per an internal memo circulated by the US software major. With the…
dunzo loss: Dunzo FY23 loss widens to Rs 1,800 crore, revenue jumps 4x to Rs 226 crore
Beleaguered quick-commerce company Dunzo saw its loss widen well over three-fold to Rs 1,801.8 crore in FY23, even as revenue from operations grew over four…
dream sports venture fund: ETtech in-depth: Rario collapse, tax woes bring curtains down on Dream Sports’ venture arm
In April 2022, when Dream Sports invested in web3 startup Rario through Dream Capital, its corporate venture capital and M&A arm, it went to town…
Hike lays off around 55 people after GST hike on online gaming
Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people – more than one-fifth of its total workforce – to…
mobile premier league: Read Mobile Premier League founders’ note to staff on layoffs
Real money gaming company Mobile Premier League (MPL) is laying off 350 of its staffers, citing increased costs due to an impending rise in goods…
india inc: India Inc walks the extra mile to keep employees healthy
Zomato has a new CFO, but his role isn’t related to company financials in the slightest. Last week, Deepinder Goyal, chief executive of the online…
gst gaming firms divided: Gaming companies differ on tax formula ahead of GST Council’s second meet
As the GST Council is set to meet for a second time in less than a month to discuss taxation of online gaming, a difference…