Latest News

Why ShareChat Stopped Chasing Instagram And Bet Big On Microdramas

ShareChat has moved from chasing Instagram-like scale to building a profitability-first model anchored in microdrama and ad monetisation After fixing broken unit economics and cutting losses, ShareChat is betting on a freemium microdrama strategy to drive growth beyond its stagnating social networking core In a rare admission, its leadership concedes competing with Meta and YouTube is futile, shifting focus instead to sustainable growth within a niche, vernacular ecosystem

Latest News

WinZO Cofounder Bail: K’taka HC Warns ED Of Costs For Frivolous Appeal

Latest News

Inside Dream11’s Pivot, Xpedize Cofounder No More & More

Latest News

Inside Dream Sports' Fantasy To Fintech Leap

After the crackdown, Dream Sports is shifting from a fantasy sports-heavy model to a multi-vertical portfolio across fintech, content, and sports infrastructure, leveraging its large user base With Dream Money and DreamStreet, the company is targeting underserved non-metro users through AI-led investing and wealth tools, though competition remains intense A startup-within-a-startup model and cash flows from FanCode and DreamSetGo are funding new bets like Watch Along, even as regulatory risks persist

Latest News

NODWIN Brings Back Ex-CEO Sidharth Kedia Ahead Of IPO

NODWIN Gaming has roped in its former CEO Sidharth Kedia as its new chief strategy and investments officer During his tenure at the company, NODWIN claims to have scaled its revenue sharply, raised over $50 Mn, and reached a valuation of about $350 Mn after a funding round Notably, after its demerger with parent Nazara, NODWIN has been in the process of raising fresh capital before initiating the IPO procedure

Latest News

NODWIN’s Pre-IPO Round, Funding Tanks In Q1 2026 & More

Latest News

NODWIN Lines Up $100 Mn Pre-IPO Round For Its Next Act

Alongside this, existing investors may partially offload stakes via secondary transactions, allowing for limited liquidity, around 10-15%, without any full exits This capital will be used for IP expansion and monetisation The company reported ₹261 Cr revenue in Q3 FY26, a 1.6X surge from previous year

Latest News

Nazara To Raise ₹500 Cr Via Preferential Issue

Nazara’s board has approved raising over ₹500 Cr via a preferential issue. The company plans to issue up to 1.92 Cr warrants at an issue price of ₹260, a 12% premium from its closing price of ₹232.35 today While promoter Plutus Wealth Management will participate in the round, other investors like Riambel Capital, S Gupta Family Investments, Classic Enterprises and Founders Collective participated The company intends to use the proceeds from this fundraise to primarily be used to support strategic acquisitions, including the recently announced Bluetile and BestPlay transactions

Latest News

Kuku FM Onboards MS Dhoni As Investor, Brand Ambassador

Audio OTT soonicorn Kuku FM has roped in former Indian cricket team captain Mahendra Singh Dhoni as an investor as well as the brand ambassador for its microdrama app Kuku TV With the investment, Dhoni has joined the startup’s existing backers such as KRAFTON, Vertex Growth Fund, and others In December 2024, Kuku FM also appointed actor Dulquer Salmaan as its brand ambassador for South India to boost its regional presence

Latest News

Info Edge Commits ₹250 Cr To A88 Fund I To Back Early-Stage Deeptech Startups

The trust was registered with SEBI as a Cat II AIF and launched on February 27 and the capital commitment will go into its scheme called A88 Fund I The trust was registered with SEBI as a Cat II AIF and launched on February 27 and the capital commitment will go into its scheme called A88 Fund I In November 2025, the company’s board approved an investment of ₹100 Cr in its investment arm Redstart Labs

Latest News

Mahadev Betting App Case: ED Attaches Properties Worth ₹1,700 Cr

This included 18 luxury properties, including expensive villas and apartments, in several locations across Dubai along with two properties in New Delhi The properties belonged to Mahadev app promoter Saurabh Chandrakar and are alleged to have been bought with the proceeds of criminal offenses The Mahadev case has emerged as one of the most layered and high-valued illegal betting cases in the country, defrauding Indian investors of ₹20,000 Cr

Latest News

Higher Platform Fees For The Same Service? Swiggy, Zomato Flex Pricing Power

Swiggy and Zomato have hiked platform fees in sync since 2023, turning it into a key profit lever with minimal pushback. The rising-cost argument looks weak, as scale and automation should lower costs, not justify higher fees. A duopoly with parallel pricing is monetising user habits while funding other bets, raising regulatory concerns.

Latest News

Zomato Hikes Platform Fees By 20% To ₹14.9

A quick check of the app revealed that the company is now charging a platform fee of ₹14.90 per order on a pre-GST basis, up 20% from ₹12.50 earlier Rival Swiggy has been charging a platform fee of nearly ₹15, inclusive of GST, from customers since August last year, while magicpin currently charges a platform fee of ₹14.20 per order The increase in platform fees also comes as food delivery platforms are feeling the heat due to the shortage of LPG across India, triggered by the ongoing meltdown in the Gulf

Latest News

Nazara To Buy Controlling Stake In Spanish Startups Bluetile, BestPlay For $100 Mn

Nazara, via its UK entity, has signed definitive agreements to acquire about 50% controlling stakes in Spanish casual gaming studio Bluetile Games and player engagement and distribution startup BestPlay Systems Of the total deal value, $88.4 Mn would fund the acquisition of 50% stake in Bluetile Games and $11.9 Mn would be used to acquire the controlling stake in BestPlay Systems While $59.7 Mn will be paid upfront, the remaining $40.6 Mn will be paid within six months of closing the deal

Latest News

NODWIN Gaming Ropes In MTG’s Arnd Benninghoff To Board Amid Fundraise Plans

NODWIN Gaming has announced the appointment of Modern Times Group’s EVP-Gaming Arnd Benninghoff to its board amid plans to raise further capital Benninghoff has been with MTG since 2014, where he oversees the group's strategic investments and portfolio growth In a statement, the Nazara associate startup said that the appointment comes at a time when it is looking to initiate an initial public offering (IPO) after a fresh round of funding

Latest News

Grapevine Bags $4.1 Mn To Scale Its AI Job Discovery Platform TAL

The round saw participation from Kae Capital, Peak XV Partners, and upGrad cofounder and chairman Ronnie Screwvala Grapevine is launching TAL – an AI-powered talent agent which scans jobs on the users’ behalf and recommends the suitable ones It had earlier launched Round1, an AI-native interview practice app where users can simulate job interviews and get feedback on their answers