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The harsh 'reality' facing real money gaming firms, and other top tech, startup stories this week

The gaming industry in India is facing tax woes as the GST department issued pre-show cause notices to several cash flow-rich firms in the sector. One of the notices, amounting to an estimated Rs 25,000 crore, was served to fantasy sports company Dream11, making it the largest indirect tax notice in India. This move has sparked legal disputes and challenges from the gaming companies, who argue that the tax demands are retrospective and unfair. The Supreme Court will conduct further hearings on t...
Tamil Nadu Republic Of Nithin Kamath Anirudh Sharma Rashi Narang Afsar Ahmad

Groww may pip Zerodha in active user count; ETSA 2023 winner Gameberry Labs on its bootstrap journey

Talk about a growth story! Online stock broking platform Groww is all set to pip market leader Zerodha in terms of active investors next month. While Zerodha took almost a decade to achieve leadership status, Groww did it in just three years, having started in 2020. This and more in todays ETtech Morning Dispatch.
Madhya Pradesh West Bengal Tamil Nadu Lalit Keshre Arnold Su Govind Agarwal

et startup awards 2023: ET Startup Awards 2023: a winter's tale of grit, guts and glory

The eleven jurors, including top business leaders, startup entrepreneurs who have taken their companies public recently, marqueeinvestors and other founders, displayed a razor-sharp focus on business models built for the long term to zero in on the winners.
Uttar Pradesh Mukesh Singh Uday Kotak Arjun Sethi Supam Maheshwari Indian School Of Business

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The Economic Times Startup Awards 2023: And the big winners are…

OfBusiness, a B2B ecommerce firm, has been named the Startup of the Year at The Economic Times Startup Awards 2023. The company was recognized for its success in building a large-scale B2B venture focused on small and medium enterprises in India, while generating strong profits. The awards, which are in their ninth edition, celebrate entrepreneurship and recognize companies and individuals who have made significant contributions to the startup ecosystem. OfBusiness joins a prestigious list of pr...
United States Bhuvan Gupta Vasant Sridhar Ezhil Subbian Kanwaljit Singh Uday Kotak

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