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The report found that India contributes approximately 20% of the worlds total mobile game downloads, surpassing even the combined download totals of the next two: The US and Brazil.
Games24x7 will help identify and mentor early-stage gaming startups. It has partnered with Amazon's cloud unit Amazon Web Services AWS for this initiative.
JetSynthesys will serve as the primary investor in Brinc Gaming and plans to invest around $200,000 each across more than 25 companies over a three-year period.
The winner of Bootstrap Champ category at The Economic Times Startup Awards 2023, Gameberry Labs talks about their plans in the future.
Karnataka revenue minister Krishna Byre Gowda, who represents the state in the GST Council, says the decision to impose 28% tax on online gaming was eminently justified.