https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Wed, 31 Jan 2024 14:45:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/01/31/invest-india-chief-exhorts-gaming-developers-to-tell-stories-of-ramayana-and-mahabharata-heroes/ Wed, 31 Jan 2024 14:45:50 +0000 https://thenfapost.com/?p=338985 https://thenfapost.com/2024/01/23/karnataka-itbt-minister-priyank-m-kharge-sets-tone-for-bengaluru-gafx-2024/ Tue, 23 Jan 2024 16:03:59 +0000 https://thenfapost.com/?p=337165 Bengaluru, NFAPost: Karnataka IT&BT Minister Priyank M Kharge and Department of Karnataka IT&BT Department Secretary Ekroop Caur addressed the Animation, Visual Effects, Gaming & Comics (AVGC) industry on Tuesday to officially kick off the sector’s leading conference & forum Bengaluru GAFX 2024, scheduled from 29-31 January 2024 at The Hotel Lalit Ashok. GAFX, one of […]]]> https://thenfapost.com/2023/08/14/overseas-gamers-too-will-have-to-pay-28-gst-on-domestic-e-gaming-platforms/ Mon, 14 Aug 2023 01:30:43 +0000 https://thenfapost.com/?p=293294 Domestic online gaming companies will be required to deduct 28 per cent GST on bets placed from overseas locations, including by foreign players, as such bets will also be treated as actionable claims New Delhi, NFAPost: Domestic online gaming companies will be required to deduct 28 per cent GST on bets placed from overseas locations, […]]]> https://thenfapost.com/2023/08/02/govt-stands-firm-on-its-decision-to-levy-28-gst-on-e-gaming-casinos/ Wed, 02 Aug 2023 16:04:42 +0000 https://thenfapost.com/?p=290253 -The government officials clarified that so long as money is involved in a game, govt will make no distinction between a game of skill and a game of chance -The government has settled Rs 39,785 crore to CGST and Rs 33,188 crore to SGST from IGST -Exporters of such items will have to approach jurisdictional […]]]> https://thenfapost.com/2023/06/26/microsoft-us-regulators-head-to-court-over-69-billion-activision-blizzard-deal/ Mon, 26 Jun 2023 01:30:58 +0000 https://thenfapost.com/?p=279302 Microsoft will try to gain clearance to complete a 69 bn takeover of video game maker Activision Blizzard in a legal showdown with U.S. regulators San Francisco, NFAPost: Microsoft will try to gain clearance to complete a USD 69 billion takeover of video game maker Activision Blizzard in a legal showdown with U.S. regulators that […]]]> https://thenfapost.com/2023/06/23/medal-esports-joins-rs-20000000-skyesports-masters-to-conquer-indias-first-franchised-esports-league/ Fri, 23 Jun 2023 12:21:56 +0000 https://thenfapost.com/?p=278965 New Delhi, NFAPost: Esports organisation Medal Esports has been confirmed as the sixth franchise in the Skyesports Masters. The org will be entering Counter-Strike: Global Offensive (CS:GO) to compete for glory and a share of the Rs. 2,00,00,000 prize pool in India’s first franchised esports tournament. The Skyesports Masters is set to kick off with […]]]> https://thenfapost.com/2023/06/23/indias-gaming-interactive-media-vc-fund-lumikai-launches-50-million-fund-ii/ Fri, 23 Jun 2023 05:29:36 +0000 https://thenfapost.com/?p=278838 Bengaluru, NFAPost: Lumikai, India’s pioneering gaming and interactive media fund, announced the launch of its second fund targeting a $50 million corpus from global investors. The funds will be deployed in pre-seed to series A investments into India’s leading gaming and interactive media founders. Lumikai Fund I has $40 million under management. Aside from the […]]]> https://thenfapost.com/2023/05/30/now-bgmi-video-game-is-available-for-play-in-india-announces-krafton/ Tue, 30 May 2023 04:11:41 +0000 https://thenfapost.com/?p=270658 South Korean video game developer Krafton announced that the video game Battlegrounds Mobile India (BGMI) is now available for play in India New Delhi, NFAPost: South Korean video game developer Krafton has announced that the video game Battlegrounds Mobile India (BGMI) is now available for play in India. “BGMI is now playable and has been […]]]> https://thenfapost.com/2023/05/18/acer-india-adds-two-variants-for-gaming-laptop-predator-helios-line-up/ Thu, 18 May 2023 09:49:50 +0000 https://thenfapost.com/?p=267285 The company adds two new variants with 13th Intel Core i5 and i7 processors along with NVIDIA 4000 series graphics card Bengaluru, NFAPost: Acer, one of the world’s leading gaming PC brands, has expanded its gaming laptop portfolio by adding two new variants in the Predator Helios lineup. The Predator Helios Neo comes with 13th […]]]> https://thenfapost.com/2023/05/17/online-gaming-unicorn-mpl-forays-into-africa-launches-its-app-in-nigeria/ Wed, 17 May 2023 03:21:47 +0000 https://thenfapost.com/?p=266611 MPL, which became a unicorn in 2021, has partnered with Africa’s gaming publisher Carry1st to launch in the continent New Delhi, NFAPost: E-sports and digital gaming platform Mobile Premier League (MPL) on Monday launched its mobile app in Nigeria. With this, it has expanded its presence to four continents, Asia, North America, Europe, and Africa. […]]]>