Explore the latest news, in-depth reports, and executive analysis tagged with #Online Gaming.
The app lets users build, explore, and share AI-generated “gizmos” while also offering a social feed where they can discover creations from others.
While the app will remain accessible until July 30, it will cease functioning thereafter.
The ED had arrested the three founders on May 8 following searches at multiple locations linked to Gameskraft and its executives.
The story behind ICICI Bank's interchange recovery effort starts with merchant category codes and the economics they shape.
Enforcement Directorate (ED), Directorate General of GST Intelligence (DGGI) actions against online gaming and fintech companies in last couple of months.
The ruling effectively validates tax demands running into nearly Rs 2.5 lakh crore, including penalties, against gaming companies.
ED seized cash, bullion, incriminating documents, froze four luxury vehicles; and identifies Dubai-based Grenadian national as Pay10's alleged ultimate beneficial owner.
The ED also alleged that the gaming company used bots to play games against users without their knowledge, causing losses of about Rs 1,154 crore to players.
As per the DGGI, around 47 online gaming-linked entities processed transactions worth nearly Rs 1,644.96 crore through SabPaisa.
The case is linked to alleged illegal gains made through Gameskraft's real-money gaming apps, including RummyCulture and RummyTime.
In this edition, we write about how India's law enforcement agency's crackdown on fintech companies continues; and the debate on the economics of AI...
The fresh capital will primarily go towards completing development of its flagship title 'eCricket' and building out live operations infrastructure.
The government has also constituted the Online Gaming Authority of India (OGAI) under the law to oversee implementation of the new compliance regime for gaming platforms.
Over the past three months, officials from 6-7 fintech firms, including Fino Payments Bank, have been arrested, sent to custody, had their offices searched, or bank accounts frozen in connection with illegal gaming tax evasion cases.
The Mumbai-based company has secured all necessary regulatory approvals and is currently testing its product internally.
The value of debt collection by agencies via the UPI had reached as much as Rs 93,857 crore across 161.36 million transactions in July 2025.
Sep 26th Edition: Here's what followed our online gaming ban story — from late-night calls and even a bribe offer...Also, we explore whether VCs have spotted their ‘Lovable’ in India yet?
Digital goods: games also saw UPI payments decline to Rs 7,441 crore in August, from Rs 10,076 crore in July.
Behind flashy apps and jackpots lies a complex web of mule accounts, payouts, and payment tricks that move thousands of crores beyond the screen.
In today’s edition, we uncover the messy underbelly of India’s gaming ban and its deep ties to UPI; and can RBI’s FREE-AI framework finally push finance into the AI age?
