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Home JAPAN AGRICULTURE NEWS

Skill or chance? The USD7 billion question that can make or break India’s online gaming industry.

by 198 Japan News
October 25, 2021
in JAPAN AGRICULTURE NEWS
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flipkart: Flipkart’s lead shrinks ahead of an IPO as growth slows amid stiff competition

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In mid-September, Mobile Premier League (MPL) became India’s second gaming unicorn, raising funds from investors led by Legatum Capital at a valuation of USD2.3 billion. A few weeks later, even as investors were celebrating the phenomenal growth of the three-year-old startup, Karnataka banned the country’s first gaming unicorn, Dream11, for ‘promoting gambling’.Clearly, a cat-and-mouse game is underway in one of India’s fastest-growing

( Originally published on Oct 26, 2021 )



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