Asia

Indian game firms want to distance themselves from fantasy sports

Gaming /

For over a decade, real-money gaming companies and fantasy sports startups have marketed themselves as video game companies. But as these businesses face increasing regulatory scrutiny, a coalition of more than 70 video game companies in India is urging the government to create a clear distinction between their industries. In a letter to Prime Minister […]

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General Catalyst merges with Venture Highway in India push

Venture /

General Catalyst, a Silicon Valley-based venture capital group, is expanding its presence in India by joining forces with local venture firm, Venture Highway, and earmarking $500 million to $1billion for investments in the country. Venture Highway’s investments include social commerce startup Meesho and B2B industrial marketplace Moglix. The two firms were said to be in talks

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VC firm Antler’s CEO says Asia presents ‘biggest opportunity’ in the world for growth

Venture /

Asia’s startup ecosystem hasn’t been doing well in the past couple years, as everything from geopolitics to higher interest rates affected investors’ willingness to write checks. Many venture firms have exited China, which used to be the continent’s biggest venture market. Though there hasn’t been a huge decline in the number of fundraising rounds, the

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