Dangal Games, a Kolkata-based online skill-based gaming platform, announced it has raised a $1 million Series A funding round from a strategic investor. The company said it intends to use the funds to expand its business to the newer products with a consolidated aim to become a leading player in the skill-based online gaming sector.…
Social gaming company Zynga Inc. recently announced that Noel Watson, Chief Financial Officer at TrueCar Inc., has joined the company’s Board as an Independent Director. With his appointment, Noel Watson becomes the ninth member of Zynga’s Board of Directors. “Noel brings to Zynga more than 20 years of successful financial and operating leadership,” said Frank…
Chinese-gaming giant Tencent recently announced that it has purchased the Malaysian video streaming platform Iflix’s “content, technology, and resources” in an attempt to grow its presence in Southeast Asia. In an official statement, the company said that Iflix’s catalogue of “international, local, and original content” would enable it to expand the reach of its overseas…
The developer of battle game Fortnite, Epic Games is reportedly looking to raise $750mn at a valuation of $17bn, according to a Bloomberg report. The valuation includes the new funding and is up from the $15bn valuation the company garnered in 2018. As more and more startups are laying off employees, the recent development at…
Since the lockdown began in India in March, online entertainment and gaming platforms have seen a sharp increase in their user database and consumption. The growing demand and popularity of such platforms have forced companies to expand teams to cater to the audience smoothly. One such company is online gaming platform Baazi Games. The company…