Page 2 - Gaming Companies
Nazara to invest Rs 30 cr to Griffin Gaming Partners Fund II over 3 years
Digital gaming and sports company Nazara Technologies through its wholly-owned subsidiary Nazara Technologies FZ LLC has committed an investment of Rs 30 crore in Griffin Gaming Partners Fund II.
 "Nazara to invest Rs 30 cr to Griffin Gaming Partners Fund II over 3 years")
Tencent Holdings leads China tech selloff amid fears of further crackdown
Traders pointed to everything from warnings from regulators over the weekend about scams in the metaverse
 "Tencent Holdings leads China tech selloff amid fears of further crackdown")
India among top 10 countries to tweet most about gaming in 2021: Report
India ranked at 10th spot among countries that tweeted the most about gaming in 2021, a report said on Tuesday.
Gaming giants lose $60 billion on China's sermon against profit
Regulators slow down nod for new online games; warning against metaverse stocks, too
 "Gaming giants lose $60 billion on China's sermon against profit")
China tells gaming firms Tencent, Netease to end 'solitary' focus on profit
Tencent, the country's largest gaming company, dived as much as 6.7%, on track for its biggest fall since July, while smaller rival Netease fell as much as 7.7%.
SuperGaming raises $5.5 million in funding from Skycatcher, AET fund
Game development company SuperGaming on Thursday said it has raised USD 5.5 million (about Rs 40.8 crore) in funding from Skycatcher, AET Fund (the venture arm of Akatsuki) and others.
 "SuperGaming raises $5.5 million in funding from Skycatcher, AET fund")
Nazara Technologies posts Rs 13.6-crore net profit for June quarter
Gaming firm Nazara Technologies on Friday posted a net profit of Rs 13.6 crore for the June 2021 quarter.
 "Nazara Technologies posts Rs 13.6-crore net profit for June quarter")
Delta Corp hits 14-month high, surges 36% so far in March
Ace investor Rakesh Jhunjhunwala (4.31 per cent) and his wife Rekha Jhunjhunwala (3.19 per cent) collectively held a 7.5 per cent stake in Delta Corp at the end of December quarter
 "Delta Corp hits 14-month high, surges 36% so far in March")
Angry Birds creator Rovio swings to fourth-quarter profit, raises dividend
Rovio Entertainment is the maker of the 'Angry Birds' games franchise
 "Angry Birds creator Rovio swings to fourth-quarter profit, raises dividend")
Gaming platform Roblox valued at $30 billion, plans direct listing
Roblox Corp said it aims to go public through a direct listing, instead of an IPO as originally planned, and has raised new funding in a deal that values the US gaming platform at nearly $30 billion
 "Gaming platform Roblox valued at $30 billion, plans direct listing")
Video game prices going up as firms try to raise standard rate to $70
The move coincides with the debut of two new game consoles from Microsoft and Sony, a generational change that comes every seven years or so
 "Video game prices going up as firms try to raise standard rate to $70")
Gaming start-up Mobile Premier League raises $90 mn, valuation triples
MPL whose brand ambassador is Indian Cricket Captain Virat Kohli raised the funds in Series C round led by SIG and RTP Global, along with MDI Ventures and Pegasus Tech Ventures
 "Gaming start-up Mobile Premier League raises $90 mn, valuation triples")
Fantasy cricket gaming apps roll out slew of offers as IPL kicks off
Platforms bump up marketing spends ahead of League, indulge in aggressive marketing campaigns to onboard new users
There's a boom in mobile gaming - addictive fun meets big business
The obvious reason for this growth is a burgeoning smartphone user base, coupled with the availability of dirt-cheap data.
 "There's a boom in mobile gaming - addictive fun meets big business")
Game, bait and sinker
Gaming companies focus on health, recruitment and customer engagement; train their lens on companies keen to build their brands with young employees
 "Game, bait and sinker")
