esports – storyboard18

Global Esports defies odds to become India’s first profitable esports organization

Despite decline in brand sponsorships and game publisher interests, GE's profitability shows green shoots and the revival of esports industry in the country.

Despite decline in brand sponsorships and game publisher interests, GE’s profitability shows green shoots and the revival of esports industry in the country.

Gladiator Esports acquires Bengaluru based Gods Reign

The newly assembled team, which had a combined prize pool earnings of approximately INR 2.5 crores ($276,703) in FY23.

This consolidation aims to streamline operations, strengthen brand identity, and leverage the combined resources of both entities.

IESF, SOGF bet big in India, proposes to establish self-regulatory esports body

The IESF, which includes 146 member countries, including India in collaboration with SOGF will host the International Esports Masters in India, scheduled for March 2025.

Storyboard18 had first reported about the meeting of Boban Totovski, General Secretary of the IESF, and Shankar Aggarwal, President of the SOG Federation with Minister of Youth Affairs and Sports

EXCLUSIVE: IESF, SOGF meet Minister of Youth Affairs and Sports, secures green flag

A source close to the matter said, “Dr. Mandaviya patiently listened to both the IESF and SOGF representatives and gave his approval to support initiatives aimed at expanding esports in India."

Boban Totovski, General Secretary of the IESF, and Shankar Aggarwal, President of the SOG Federation, met with the Minister and submitted a representation letter.

Indian Esports industry to piggyback on Saudi Arabia’s billion dollar gaming investments

The newly assembled team, which had a combined prize pool earnings of approximately INR 2.5 crores ($276,703) in FY23.

Kingdom of Saudi Arabia (KSA) is emerging as a new global player with its Vision 2030 plan, aiming to develop 30 competitive games and establish itself as a global gaming hub by 2030.

Nazara Technologies partners with Telangana govt to launch AI Center of Excellence

The company is led by Founder & CEO Navkiran Singh and Co-Founders Puneet Singh, Varun Ganjoo, Avneet Rana, and Anirudh Chaudhry.

‘The Nazara AI CoE will drive research, development, and innovation in areas such as gaming, interactive media, gamified learning, and other digital content,’ the esports company said

Esports awards 2024: S8UL wins content group award, Mortal loses

Game of the Year was awarded to Valorant, published by Riot Games.

Surprisingly, Naman Mathur, also known as Mortal from India, lost to several international talents like Tarik and Nadeshot.

Jay Shah set to become youngest ICC Chairman, replacing Greg Barclay

The new match fee structure is expected to take effect from the 2025 season, following the decision made at the IPL Governing Council meeting in Bengaluru.

BCCI Secretary Jay Shah, with strong backing from England and Australia, is poised to become the International Cricket Council’s youngest chairman, replacing incumbent Greg Barclay in December 2024.

Meghalaya becomes first Indian state to sponsor an esports team

Additionally, Telangana is likely to be the first state to introduce comprehensive esports policies.

Meghalaya’s vision includes developing esports infrastructure, hosting tournaments, and providing comprehensive support to players, with the aim of bringing them to the forefront and representing Meghalaya, and India, on the global stage, including in future esports Olympics.

PM Modi acknowledges game devs, ignores RMG players

DPIIT is accelerating the process of drafting a 100 percent Foreign Direct Investment (FDI) policy for online gaming.

However, it should be noted that there was no respite given to Real Money Gaming players in the market.