Saumya Tewari
Stories by Saumya Tewari
Indian e-sports platform Mobile Premier League acquires GamingMonk
Delhi-based GamingMonk had a registered user base of over 1.3 million users.
JSW Sports ties up India Accelerator to mentor sports startups
The two firms will jointly offer a 16-week long accelerator programme to a cohort of five to seven seed-stage start-ups.
India: Amazon, Wipro Consumer lead $24m funding in beauty brand MyGlamm
With the Series C round, MyGlamm has become the fastest beauty brand to cross the $100 million valuation mark in three years of launch.
India: Beauty brand Juicy Chemistry raises $6.3m led by Verlinvest
This is the first institutional fundraising by the company, which plans to use the capital for building its brand and expanding the business.
PUBG-maker Krafton picks minority stake in India’s Nodwin Gaming for $22.4m
Nodwin is backed by Nazara Technologies and JetSynthesys.
Former Indian cricketer Sachin Tendulkar picks up stake in Unacademy
The former cricketer has picked up a small stake in the company apart from becoming its brand ambassador.
Twitter India’s public policy head Mahima Kaul steps down
Kaul joined the company in 2015 from Observer Research Foundation.
Indian online gaming industry expected to touch $2.8b by 2022
Time spent on gaming apps increased by 21% during the initial national lockdown, with the total customer base crossing 300 million.
India: Budget hospitality firms Zostel, OYO, Vista Rooms witness recovery in biz
Demand has been driven primarily by young travellers, who are increasingly booking long stay.
India: Cosmetics startup Plum raises $15m funding led by Faering Capital
The investment will also be utilised to scale the business by opening more offline retail stores.
