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Nazara Technologies has acquired UK-based Fusebox Games for ₹228 crore ($27.2 million) in an all-cash deal. Fusebox, known for its interactive story game 'Love Island,' will enhance Nazara’s global gaming portfolio. This acquisition aligns with Nazara’s strategy to expand its IP-driven gaming business and leverage its Indian base for global growth. The deal follows Nazara’s recent acquisition of a 48.42% stake in Paper Boat Apps, further solidifying its position in the global gaming market.

Nazara acquires UK-based Fusebox Games for Rs 228 crore

Top gaming smartphones under Rs 30,000: vivo V30e, Nothing Phone 2a, Samsung Galaxy A35 5G, OnePlus 11R, realme 12 Pro Plus, Xiaomi Redmi Note 13 Pro Plus, OPPO Reno11, OnePlus Nord 3 5G, vivo T2 Pro, iQOO Neo 7 Pro. Various processors like Snapdragon and MediaTek power these with 8 GB RAM.

Top gaming smartphone under Rs 30000; from vivo V30e to iQOO Neo 7 Pro, check full list

Sony said in February it would lay off 900 workers at its gaming business and shutter a London studio.

Sony posts 7% fall in annual profit, narrowly misses PS5 target

Together, STAN will launch an esports platform in partnership with Aptos Labs, enabling India's 500 million gamers to engage with their favorite players and streamers.&nbsp;

Gaming community startup STAN partners with Aptos Labs to launch esports platform 

In a filing with the US Securities and Exchange Commission (SEC), the company, which makes the popular game engine Unity, said that it plans to “reduce approximately 1,800 employee roles, or approximately 25 per cent of its current workforce.”

Gaming company unity lays off 1,800 employees in fresh job cut

The VC arm will actively scout for startups demonstrating innovative solutions, disruptive technologies, and the potential to redefine industry norms within Fintech and Gaming.

SCOPE launches $45 million VC fund for fintech, gaming startups

The earnings from gaming are growing in India as compared to 2022, with nearly half of serious gamers respondents claiming to earn -between 6 to 12 lakh per annum in 2023.

67% gamers prefer gaming on PCs over mobile phones: Study

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On August 11, the Lok Sabha, during its final session of the monsoon season, passed amendments to two Goods and Service Tax (GST) laws with a voice vote and minimal debate.

Centre notifies amendments in GST laws, to tax 28% on online gaming, casinos from today

India is set to implement a 28% GST on online gaming from October 1, with the consent of all states. This could mean higher costs for gamers, but it could also lead to more transparency and regulation in the industry.

28% GST on Online Gaming to Come Into Effect From Oct 1 | What Does It Mean for You?

Yudiz Solutions will subscribe&nbsp;51 per cent stake in the proposed company and said that no governmental or regulatory approval will be required for&nbsp;the acquisition.

AI and gaming player Yudiz Solutions announces expansion with incorporation of subsidiary

Banned Chinese gaming and betting apps seem to be active again, these apps have returned under a pseudonym, which has increased the concern of the government.


Banned Chinese Gaming and Betting Apps Resurface Under New Guises, Raising Concerns

Netflix is expanding its gaming offerings beyond mobile devices with a limited beta test of cloud-streamed games in Canada and the UK. Players can control games on TV using smartphones or on the web using a mouse and keyboard.

Netflix Gaming: OTT giant brings cloud gaming to TV and Web

Netflix will&nbsp;introduce its games across devices -- TVs, computers, and mobile -- and has announced first public tests of its cloud-streamed games.

 Netflix introduces games across TVs, PCs and Macs in select markets

Gaming is a skill-based activity and cannot be clubbed together with games of luck like gambling and horse racing so taxation requires a relook and making it tax-friendly, 'Indian Gamers United' said in a statement.&nbsp;

Online gamers urge finance minister to reduce 28% GST on online gaming

Asus launches Windows 11 portable gaming console 'ROG Ally' in India

Samsung on Friday unveiled the 2023 line-up of Odyssey G9 OLED gaming monitors powered by Neo Quantum Processor Pro, in the country.

Samsung unveils new line-up of gaming monitors in India

While there has been a slowdown in the overall personal computer business, the gaming segment has continued to record robust growth, a senior HP India Official said on Thursday.

Despite slowdown in overall PC business, gaming segment continues to be robust: HP official

Microsoft has officially revealed its Starfield Xbox controller and headset. The controller features a design inspired by elements in Starfield, while the headset is based on Microsoft's Xbox Wireless headset and shares a similar design. Both accessories are now available for purchase.

Microsoft unveils Starfield controller, headset, and watch 

As per a recent study by EPWA, gaming has become a significant source of income for 83% of gamers, a stark contrast to previous years when gaming was merely seen as a hobby.

 From Hobby to Income: How Online Gaming has emerged as a lucrative profession in India

gaming

Nazara Technologies has acquired UK-based Fusebox Games for ₹228 crore ($27.2 million) in an all-cash deal. Fusebox, known for its interactive story game 'Love Island,' will enhance Nazara’s global gaming portfolio. This acquisition aligns with Nazara’s strategy to expand its IP-driven gaming business and leverage its Indian base for global growth. The deal follows Nazara’s recent acquisition of a 48.42% stake in Paper Boat Apps, further solidifying its position in the global gaming market.

Top gaming smartphones under Rs 30,000: vivo V30e, Nothing Phone 2a, Samsung Galaxy A35 5G, OnePlus 11R, realme 12 Pro Plus, Xiaomi Redmi Note 13 Pro Plus, OPPO Reno11, OnePlus Nord 3 5G, vivo T2 Pro, iQOO Neo 7 Pro. Various processors like Snapdragon and MediaTek power these with 8 GB RAM.

Sony said in February it would lay off 900 workers at its gaming business and shutter a London studio.

Together, STAN will launch an esports platform in partnership with Aptos Labs, enabling India's 500 million gamers to engage with their favorite players and streamers. 

In a filing with the US Securities and Exchange Commission (SEC), the company, which makes the popular game engine Unity, said that it plans to “reduce approximately 1,800 employee roles, or approximately 25 per cent of its current workforce.”

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Nazara acquires UK-based Fusebox Games for Rs 228 crore

Top gaming smartphone under Rs 30000; from vivo V30e to iQOO Neo 7 Pro, check full list

Sony posts 7% fall in annual profit, narrowly misses PS5 target

Gaming community startup STAN partners with Aptos Labs to launch esports platform

Gaming company unity lays off 1,800 employees in fresh job cut

SCOPE launches $45 million VC fund for fintech, gaming startups

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2-nanometre Qualcomm chip launched; Ashwini Vaishnaw outlines ISM 2.0 vision

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India-US trade deal will not harm farmers, US cuts tariffs on Indian farm exports: Shivraj Singh Chouhan

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Delhi AQI improves to ‘moderate’ as smog lingers, IMD predicts foggy conditions