Tencent, a Chinese multinational conglomerate, has made significant investments in various sectors, including in the gaming and technology industries with Dream11. The fantasy sports company, founded in 2008, is an Indian fantasy sports platform that allows users to create virtual teams...
Dream11 is one of the most popular online gaming apps in India, and now, it might see a change in investors. Tencent, the Chinese company that had previously invested in Sporta Technologies Pvt Ltd, the parent company of Dream11, is planning to offload its $150 Million investment. Indus...
Dream11 Launches Dream Cricket 2024: Dream Cricket 2024 is a remarkable mobile game, and it’s more than just a cricket simulation. With its interactive elements, immersive 3D graphics, and meticulously crafted sound design, it promises to deliver an unparalleled gaming experience....
Affect Of 28% GST On Dream11: Platform Discontinues Their Major Deal: Dream Sports, the parent company of the popular fantasy sports platform Dream11 has announced discontinuing its venture capital and merger & acquisition arm, Dream Capital. This decision comes in the wake of the I...
28% GST: New Changes In Fantasy Sites From 1st October 2023: From 1st October 2023, online fantasy sports platforms have significantly changed how they handle Goods and Services Tax (GST) on player deposits. The GST Council has mandated a uniform 28% GST rate on the total deposit value ...
List Of Companies Affected Or Shut Down Because Of 28% GST On Real Money Gaming: The online real money gaming industry has experienced significant growth in recent years. Unfortunately, the GST Council’s recent decision to impose a high 28% GST on online gaming has caused widespre...
GST Council’s 28% Tax On Online Gaming A ‘Death Knell’ For The Industry, Say Experts: Federation of Indian Fantasy Sports and E-Gaming Federation, said, “FIFS & EGF, which represent 50 Indian online gaming companies, appreciate the Government addressing the industr...
Breaking: Dream11 To Shut Down Because Of 28% GST Scenario: The Goods and Services Tax (GST) Council has decided to impose a 28% tax on online gaming, casinos, and horse racing. This decision has been met with mixed reactions from the industry. Some industry experts believe that the tax...
Team India Sponsors Are Jinxed? Here’s Why: The Indian cricket team has been sponsored by some of the biggest brands in the world, but not all of these partnerships have been smooth sailing. In recent years, several of the team’s sponsors have faced financial or legal troubl...
Summer is already here, and it’s a great time to relax and have fun. If you are someone who is looking for some ideas to make your summer vacation more enjoyable with some rewards, there are plenty of options. Still, if you enjoy gaming, a few iGaming apps are available across dif...
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