🎯 All In on India’s Gaming Boom! 🎮 When a gaming unicorn Nazara goes all-in with a $100M bet, you know it’s not just a gamble. It's strategy! ♠️♥️ Tune in to our latest It's a Big deal episode, to listen to what Anupriya Sinha Das of Nazara has to say about the rationale behind this investment and much more. Our latest episode unpacks Nazara Technologies Limited’s investment in Moonshine Technology - the parent of PokerBaazi, RummyBaazi, and BalleBaazi. With 3.4 lakh monthly active users and an Indian poker market of 30 lakh players, this deal reshuffles the deck for the online gaming ecosystem. 🃏 But here’s the kicker: PokerBaazi’s valuation doubled since 2021. What’s driving this surge? 📈 Our episode explores: 💰 Moonshine’s financials (157% revenue jump in FY23!) 🤝 Nazara’s strategic moves 🚀 India’s $8.6B gaming future Watch the full episode to see how Nazara and Moonshine are reshaping the table - https://lnkd.in/g2jYwp9w Read the episode - https://lnkd.in/g-Dkzcew Data analysis: shubham yadav ♣️ Don’t fold-follow us for more insights PrivateCircle #GamingIndustry #PrivateMarketDeals #ItsABigDeal Nazara Technologies Limited
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🎙️[Voiro Podcast] Join us as Kavita Shenoy sits down with Piyush Kumar, CEO of Rooter.gg, to discuss the remarkable journey of India’s largest gaming and live-streaming platform. In this episode, Piyush shares how Rooter has evolved into a content-to-commerce powerhouse and offers valuable insights into the future of gaming in India. https://lnkd.in/gyPM-A4Q Talking points: 👉 Rooter’s transition from a gaming content platform to a content-to-commerce company. 👉 Strategic insights into monetization and ad revenue optimization. 👉 Rooter’s expansion into Tier 2 and Tier 3 markets and neighbouring countries. 👉 Collaborations with brands and game publishers to create unique gaming experiences. 👉 Future trends in the gaming industry and Rooter’s vision for growth. #VoiroPodcast #Gaming #Monetization #Rooter #AdTech #ContentToCommerce #IndianGaming #MarketExpansion #BrandCollaborations
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In the latest episode of Nikhil Kamath WTF, they explored into the dynamic world of gaming in India. Artificial Intelligence is empowering small teams to produce exceptional games. This presents a prime opportunity for young Indian developers to innovate and make difference in the industry. Emerging incubator programs are providing mentorship, funding, and resources, enabling aspiring game developers to bring their ideas to reality. Indian gamers exhibit a strong preference for mid-core games, particularly shooters. Additionally, there is a growing interest in casual, mobile-first games with social features. The integration of AI and virtual reality is poised to revolutionize gaming, enhancing accessibility and engagement for a broader audience. This episode is rich with insights for anyone keen on the gaming industry in India. #GamingInIndia #Podcast #GameDevelopment #AI #Entrepreneurship #Investment #CareerInGaming
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Words With Friends, Social City!, Horizon/Metaverse… What do these have in common? Why, this week’s Growth@Scale guest, mobile gaming extraordinaire Joshua Lu. In this episode, Josh and I talk about how to construct a successful cross-collaborative team and build powerful mobile gaming experiences. Josh also shares invaluable advice for aspiring game creators and highlights the incredible work of the Speedrun program in supporting early-stage gaming startups. This episode is packed with great stories, advice, and predictions for the future of gaming. Huge thanks to Josh for joining me and for making this episode happen. Tune in to the full episode here: https://lnkd.in/ge3g7DKy #Gaming #MobileGaming #AI #Growth #Speedrun #GameDevelopment #Podcast
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This week on Growth@Scale, Matt Widdoes and mobile gaming expert Joshua Lu break down everything from AI and the future of mobile gaming, the process of building a more engaging product experience, to how fostering a cross-collaborative team can lead to success. Key Takeaways: Cross-collaboration team-building: Setting vision, conviction, and shared goals across teams can maximize early-stage startup impact Cross-functional understanding: Making sure team members understand each other's roles within the company’s workflow AI in gaming: AI can reduce costs and enhance user experience Future of Mobile Gaming: Potential for continued adaptation and innovation 🎮🚀 #BusinessGrowth #GamingIndustry #MobileGaming
Words With Friends, Social City!, Horizon/Metaverse… What do these have in common? Why, this week’s Growth@Scale guest, mobile gaming extraordinaire Joshua Lu. In this episode, Josh and I talk about how to construct a successful cross-collaborative team and build powerful mobile gaming experiences. Josh also shares invaluable advice for aspiring game creators and highlights the incredible work of the Speedrun program in supporting early-stage gaming startups. This episode is packed with great stories, advice, and predictions for the future of gaming. Huge thanks to Josh for joining me and for making this episode happen. Tune in to the full episode here: https://lnkd.in/ge3g7DKy #Gaming #MobileGaming #AI #Growth #Speedrun #GameDevelopment #Podcast
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Our market intelligence tool #1nsights by 1Lattice explores India's thriving gaming market landscape and reveals actionable insights in our latest study: 'Power Play: Insights into Gaming Market Dynamics', on our website! 🔗 https://lnkd.in/gkym2DKZ #1nsights by 1Lattice breaks down key growth drivers of the Indian gaming market, a sector that's rapidly expanding with 950M+ active internet users, over 560M gamers, and a 9.5B+ gaming app download count in FY23 alone. As 140M+ paying gamers drive demand, 1,400 online gaming startups are taking the industry by storm, supported by 15,000 game developers and programmers. Dive deeper into these insights by downloading our latest 1nsights study 'Power Play: Insights into Gaming Market Dynamics' on our website! https://lnkd.in/gkym2DKZ #EnablingBetterDecisions #GamingMarket #India #1nsights #GamingStartups #DigitalEconomy Amar Choudhary Hitesh Gossain Praneet Singhal Abhilasha Jaju Ashish Dhir Sanjay Sachdeva Abhishek Maiti Devmalya Mukherjee
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Meet Nitish Mittersain Who's Gaming obsession led him to build a gaming company worth 700 Million. Back when the internet was still in its early stages he decided to turn his love for gaming into a global profit-making business with a total worth of Rs. 7,790 Million. Started in 1999, he started the company as an online portal for casual games with a broad vision and now his company consists of interactive gaming, eSports, gamified early learning ecosystems, and more. This is the story of Nitish Mittersain and his company Nazara Technologies Limited. His company has turned into a leading games company from Mumbai that specializes in the acquisition of value-added mobile games and their distribution in emerging markets such as India. Africa, Southeast Asia, the Middle East, and Latin America. Nazara Technologies as of February 4, 2021, was valued at $383 million. The financial year 2024 (FY24) further boosted Nazara's position in the market. Its current total revenue is INR 1,138.3 crore, marking a 4% year-on-year (YOY) growth. Nazara's net profit has increased by 43.4% to INR 17.05 crore in Q4 FY24 from INR 11.89 crore in Q4 FY23. Despite a 7.99% YOY dip in operational revenue to INR 266.21 crore during Q4 March 2024, the company managed to maintain profitability and growth. To cover up for the loss they faced Nazara partnered with Sachin Tendulkar and with that gained an investment of $1.5 million coming from Westbridge Capital. Nazara Technologies operates on a hybrid business model catering to both Business-to-Business (B2B) and Business-to-Consumer (B2C) segments. The company's net worth stood at an impressive Rs. 7,790 million as of March 31, 2021. The latest funding, completed on January 17, 2024, raised INR 250 crore through preferential shares. In total, Nazara Technologies has secured $280.2 million in funding. Nazara Technologies faces rivals such as Kongregate, Tilting Point, and ESPN Network. Read the full story here: https://lnkd.in/dyqvDepT
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💵 Funding News: Deftouch (All Star Games) is Leveling Up in Mobile Gaming! 🏆 The creators of ‘King of Cricket’ have raised follow-on funding to bring more hybrid-casual sports games to life! Co-led by KRAFTON India, Lumikai Fund, and T-accelerate Capital, with prior backing from Kalaari Capital and Arun Venkatachalam. What’s Next for Deftouch: 🔸Scaling 🆙: Growing their existing gaming portfolio. 🔸New Titles 🎮: Expanding into other sports genres. 🔸Talent Expansion 💡: Hiring top talent to fuel innovation. King of Cricket has already hit over 10M downloads, landing it among the top 3 cricket games on the Indian Playstore! Now, Deftouch, led by Ninad Bhagwat and Keshav Sunder, plans to apply its unique playbook to shorter format games and new sports markets. The future of sports gaming is here, and it’s hybrid-casual! 🌍 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs ♻️ Repost if you think this insight is worth sharing!
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🎙 "Evolution Gaming Deep Dive" - with Todd Haushalter, Chief Product Officer at Evolution Gaming. In this episode, we explore the innovative approaches and strategies that have propelled Evolution Gaming to the forefront of the online gaming industry. Todd shares his insights on the evolution of gaming #technology, including the integration of AI in game #development, and discusses the company's expansion in the competitive North American market. Highlights of this episode include: 👉🏽 “One-Stop Shop" Concept: a comprehensive look at Evolution Gaming's achievements in the past year, emphasizing their innovative "One-Stop Shop" system, which have significantly impacted the industry. 👉🏽 RNG Products and AI Innovation: A key focus on RNG (Random Number Generator) products, their performance in 2023, and future prospects, along with insights into how AI is being utilized in game and content creation. 👉🏽 Growth Strategies: Insights into Evolution Gaming's tactics for conquering the North American market and staying ahead of competition. 👉🏽 Future Outlook and Success Strategies: Todd shares his vision for the future of Evolution Gaming, discussing key strategies for attracting new players, addressing industry challenges, and sustaining business success 🎧 Immerse yourself in the full episode here: https://go.next.io/42XpH9C
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There's still a largely untapped market for real-money 💰 gamers in India's tier 2 & tier 3 cities due to affordable devices, market penetration, and mobile literacy. On the flip side, real-money gaming 🎮 comes with a moral obligation. Responsible marketing can actually lead to responsible gaming and avoid user churn. In this episode of The State Of Retention Marketing podcast, Bharat & Nishant, two iconic VPs of Marketing, talk game-marketing and retention! 🎧 Tune into the full episode with the link in the comments! #SORM #WebEngage #Gaming
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