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TMT Law Practice Advises WinZo on USD 12 Million Buyback from Hike Friday, May 21, 2021 10:00AM IST (4:30AM GMT)   New Delhi, Delhi, India:  The increasingly competitive Real Money Gaming Industry in India – among the fastest-growing globally – has witnessed a fair number of deals and investment activity, especially over the last year. The sector has received more than its (un)fair share of attention from allegedly “public-spirited” citizens and the state legislatures. This has often led to “paternalistic” legislation s...

Gaming startup WinZO gives complete exit to Hike – Kavin Mittal gets four times return on investment Gaming startup WinZO gives complete exit to Hike – Kavin Mittal gets four times return on investment IANSMay 3, 2021, 12:56 IST IANS WinZO on Monday said it has bought back early investor Hike's shares for $12 million, making it one of the largest buyback transactions by an early stage firm in the Indian start-up ecosystem. The move gives a complete exit to Hike with four-fold returns on their investment in May 2019. Hike participated in the $5 million Series A funding in WinZO in 201...

linkedin In-game advertising platform Anzu has announced its launch into the Indian market, exclusively represented in APAC by AdColony.  The platform enters India with a partnership with WCC2 (World Cricket Championship), a cricket mobile-gaming app. With Anzu, brands can access in-game inventory and target gamers in India programmatically. It offers marketers brand safety along with viewability and recall. Anzu has integrated partnerships with ad-tech vendors like Nielsen, Moat, Comscore and Kantar through which it can provide brands ad viewability, brand lift measurem...

January 26, 2021 FAU-G has been developed by Bangalore-based nCore Games founded by Vishal Gondal Action game FAU-G, which stands for Fearless And United - Guards is now available for gamers on Android in India. The game can be downloaded from the Google Play Store and is compatible with devices running on Android 8 and above. Touted as a competitor for the popular battle royale game PUB-G, FAU-G has been developed by Bangalore-based nCore Games founded by Vishal Gondal. FAU-G was first announced by the creators in October 2020 amid rising anti-China sentiments and calls for ‘Vocal for Loc...