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Searched Tag: real money online gaming

The Promotion and Regulation of Online Gaming Act, 2025, passed by the Parliament on August 21, bars all forms of online money games while promoting e-sports and other online games

Gameskraft lays off 120 employees post real-money gaming ban

September 19, 2025, 01:43 PM - 3 min read

The Promotion and Regulation of Online Gaming Act, 2025, passed by the Parliament on August 21, bars all forms of online money games while promoting e-sports and other online games, a move that has far-reaching implications for online gaming industry

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In 2012, Mittal, a Bharti Group scion, had launched Hike as an alternative to messaging apps like WhatsApp. After the messaging platform was shut down in 2021, Hike shifted its focus to investing in online gaming platforms like WinZO and building new projects like Hike Sticker Chat expression platform

Hike to shut shop, says Kavin Mittal

September 14, 2025, 05:35 PM - 4 min read

Bharti Group scion, Kavin Mittal, is winding down operations of his 13-year-old start-up, Hike, after India enforced a ban on real money gaming and scaling globally would “require a reset”

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