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Nazara Technologies acquires Ultimate Teen Patti IP rights for Rs 10 crore from Games24x7. Nextwave subsidiary to expand casual freemium gaming with the acquisition, expecting deal closure within 90 days.
In March, the US House of Representatives overwhelmingly voted to pass a bill giving ByteDance, the Chinese company that owns TikTok, about six months to sell the US assets of the app or face a ban, citing national security concerns. Senators are still undecided on how to proceed.
Wealthtech startups secure investments; Dezerv, Stable Money, and Fisdom funding rounds ongoing. Scripbox, Angel One also seek funding. Stable Money expanding to corporate bonds; attracts user attention.
National Grid Partners and the London-based law firm Slaughter and May were also among the investors in the Series B round of funding for Cambridge, England-based Luminance.
In addition, Google was fined Rs 1 lakh for not revealing true facts and for its failure to disclose information regarding the refusal of a patent by the European Patent Office (EPO) for lack of an inventive step.