Online Gaming Company WinZo Expands Base To Brazil
All India Gaming Federation
by Admin akads
6M ago
WinZO, one of India’s biggest online gaming companies, announced they’re expanding into Brazil! This announcement came at a time when Indian gaming companies are struggling with the GST hike, which has been a real downer for new startups. WinZO is investing $25 million into Brazil, so they can focus on getting their games out there and building their brand. The company pointed out that the tax rates for gaming commissions in countries like the US, UK, Australia, Germany, etc. are between 6.75% and 21%, which is much lower than India’s new 28% GST rate on full face value. Brazil also charges in ..read more
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Artificial Intelligence In Revolutionising Online Gaming In India
All India Gaming Federation
by Admin akads
7M ago
With an ever-growing audience and a thirst for new experiences, online gaming is moving away from traditional gameplay towards a world of personalised experiences. At the core of this shift is AI. AI is a powerful force that has infiltrated the gaming world, transforming it into a world of personalized adventures and game-changing opportunities. India, a country with a long history of embracing technology and a growing gaming culture, is at the forefront of this revolution. As AI continues to make its way into the world of online gaming, the conventional model of uniform gameplay is being repl ..read more
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69% Of The Gaming Audience In India Falls Under The Age Of 34: EY’s Shubh Mittal
All India Gaming Federation
by Admin akads
7M ago
India is the second-largest gaming market in the world today. However, India is the biggest mobile gaming market when it comes to app downloads. According to Statista, India had an online gaming population of 421 million players in 2022, which is an increase of 8% compared to 2021. The number of online gamers is expected to increase to 442 million in 2023. Mordor Intelligence’s report predicts that the gaming market in India will grow at a CAGR of 15.68% from 2023 to 2028, pegging it at $3.2 billion. This is mainly due to the growing demand for smartphones and faster internet access, which is ..read more
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How Online Gaming Is the Next Big Thing In India
All India Gaming Federation
by Admin akads
7M ago
Introduction: Embracing The Digital Transformation With the advent of technology and growing internet penetration, online gaming is fast becoming the most popular form of entertainment. India, with its diverse population and rapidly growing internet penetration, is leading the way in this digital revolution. Let’s explore the world of online games in India and how it has grown to become the country’s new entertainment powerhouse. Beyond The Niche: Gaming’s Universal Appeal Gaming in India has changed from a niche domain to a global phenomenon. It is no longer limited to mobile arcades and stra ..read more
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A23 Launches New Brand Campaign Featuring Shah Rukh Khan
All India Gaming Federation
by Admin akads
7M ago
A23 (Head Digital Works), India’s biggest multi-game platform with over 60 million users, has launched its new A23 Poker app. It’s designed to give players a skill-driven and exciting poker experience, and it’s been accompanied by a new brand campaign with a star-studded Brand Ambassador Shah Rukh Khan. It’s the ultimate pay-to-play gaming experience, with features and user experience that haven’t been seen before. This innovative app shares A23’s ethos of safety and player protection and comes with robust security features and protocols, which have become a part of the brand’s DNA. In the lat ..read more
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A23 Owner Head Digital Works Forays Into Online Poker Ahead Of The 28% GST Rollout
All India Gaming Federation
by Admin akads
7M ago
Head Digital Works, owner of A23, an online rummy platform, is venturing into online poker to expand its portfolio. This launch is happening when pay-to-play gaming platforms in India are getting ready for the upcoming 28% Goods and Services Tax (GST) which is set to come into effect on October 1st. “While the new GST regime will test the resilience of the business, we are focussed on maintaining a long-term outlook for our business. This phase will bring out multiple avenues to sensibly pivot and propel our business forward,” Siddharth Sharma, senior vice president of business strategy at Hea ..read more
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Safeguarding Online Gaming: Empowering Security Through Advanced AI & ML Algorithms
All India Gaming Federation
by Admin akads
7M ago
The online gaming landscape is constantly evolving, with the development of cutting-edge technologies opening up new possibilities for gamers, which could potentially increase cybersecurity risks. To protect online gaming, it’s important to understand how Artificial Intelligence and Machine Learning models can help strengthen cyber security. Revolutionizing Anti-Fraud Measures Fake and duplicate accounts are on the rise, posing a serious threat to the stability of the gaming community. To tackle these issues with maximum efficiency, a plethora of high-tech artificial intelligence (AI) and mach ..read more
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After Zerodha, SBI Mutual Fund To Invest In Nazara Technologies
All India Gaming Federation
by Admin akads
7M ago
On Thursday, Nazara Technologies announced that  SBI Mutual Fund will be investing Rs 410 crore through the issue of equity shares. The funds will be invested through SBI Mutual Fund’s Multicap Fund Scheme, the Magnum Global Fund Scheme and the Technology Opportunities Fund Scheme. The company announced that it’s offering 57,42,296 Equity Shares for Rs. 714/- with a total value of Rs 4,099,999,344/- (“Issue”) to SBI Mutual Fund. The shares are being offered through a private placement. According to the company’s regulatory filing, SBI Multicap Fund will invest around Rs 200 crore, SBI Mag ..read more
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How ChatGPT Will Change The Online Gaming Industry?
All India Gaming Federation
by Admin akads
8M ago
As you can imagine, in today’s world, technology is changing in many ways to connect with more people all over the world. ChatGPT is one of the new players that is going to change the face of online gaming. ChatGPT is an AI language model created by OpenAI. It has amazing features and potential applications that help it become the new face of online gaming, as do many other apps like Pocket52. Understanding ChatGPT: A Brief Overview ChatGPT is an artificial intelligence (AI) language model that has been trained to understand and create human-level content. ChatGPT understands context, responds ..read more
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Zerodha Co-Founder Nikhil Kamath Likely To Increase Stake In Nazara Tech
All India Gaming Federation
by Admin akads
8M ago
Nikhil Kamath, co-founder of Zerodha brokerage firm, is now looking to invest in Nazara Technologies, one of the largest gaming and sports media companies in India, according to a CNBC report. Kamath is reportedly looking to buy a 3.5% stake in Nazara Technologies. Nodwin Gaming is a leading esports organisation in the country, owned and operated by Nazara Tech. The company recently completed a $28 million funding round, which was co-led by Nazara Tech, Krafton, and JetSystemsys. Additionally, Sportskeeda is another prominent sports media subsidiary of Nazara Tech. Currently, Kamath holds abou ..read more
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