Fantasy Gaming made ₹2800 Cr during IPL🏏

Jul 05, 2023

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Fantasy gaming apps' revenue surged to Rs 2,800 crore during IPL 2023
Streaming and publishing firms join fight against Google’s billing policy
PhonePe's Pincode goes live in ten cities
Google picks 20 Indian startups for its accelerator programme
Garuda Aerospace bags 400 Agri Kisan drone orders from IFFCO
Byju’s promoters have sold shares worth $408.53 million since 2015: PrivateCircle
Mojocare board to decide on shutting shop, returning money to investors
Swiggy joins co-branded credit card rush
Swiggy introduces 'WhatToEat' feature offering customised food choices to users
Nasscom, IndiaTech join IAMAI against Delhi’s EV transition
Samvardhana Motherson to acquire 81% stake in Honda Motor arm Yachiyo
H&M India bets on omnichannel model to expand footprint
Carl Zeiss India is investing over €250 million to build a spectacle lens production facility in Bengaluru

Premji Invest is leading a ₹270 crore ($35 million) Series B funding round in Giva, a new-age omnichannel jewellery company.
Smartstaff, a blue-collar staffing platform, has raised $6.2 million in its Series A funding from Nexus Ventures, Arkam Ventures, Blume Ventures and Alteria Capital.
E-scooter maker Vegh has raised $5 million from an undisclosed investor as part of its ongoing $50-million pre-Series A round.
B2B cloud manufacturing startup Frigate has raised $1.5 million as part of its seed funding round led by Arali Ventures. The round also saw participation from institutional investors such as Capital A, Java Capital, as well as other strategic angel investors.
Financial technology platform 50Fin has secured Rs 4.25 crore in a pre-seed funding round co- led by 100X.VC, Keynote Capital and Arun Venkatachalam.
Mumbai-headquartered asset management firm Varanium Capital Advisors has marked the first close of its debut venture debt fund of Rs 250 crore, with a green-shoe option of Rs 50 crore.

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