CS Esports, Falcon Esports, and RK Esports were banned for using third-party software in their initial five matches. Interestingly, they were among the top four teams in the overall standings after Day 1.
Author: Imran Fazal
GOAT Brand Labs raises $21 million to drive omnichannel expansion
The fresh capital will be used to drive the growth of its portfolio brands, such as Chumbak, trueBrowns, The Label Life, Pepe Jeans Inner Fashion, Voylla, Petcrux, and Nutriglow.
Indian esports ecosystem slows down. Who is to blame?
In India, the esports ecosystem revolves around two major game titles, Krafton’s Battleground Mobile India (BGMI) and Riot Games’ first-person shooter (FPS) game Valorant. Valve’s Counter-Strike 2 has yet to make a significant impact.
Indian gaming consortium writes to PMO, I&B Ministry seeking tax relief and clear classification
The consortium has made 10 suggestions to the newly formed government which includes reducing the GST on video games to a 12% bracket to promote sustainability and better cash flow for game companies, exempt import/customs duties, IGST, and any cess for proprietary hardware development kits used for testing and developing video games.
EXCLUSIVE: Ampverse Shuts 7Sea Esports; Founder says ‘can’t see growth trajectory in India’
Currently, 7Sea Esports has shut down its operations in India.
Epic Games CEO to fight against Apple’s app store policies
Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated last year, many of its criticisms were echoed in a different lawsuit filed against Apple in March by the Department of Justice and 17 state attorneys general.