The Enforcement Directorate (ED) has frozen worth around Rs 192 crores in the form of bank balances, Fixed Deposit Receipts (FDRs), and mutual funds possessed by ZO Games Pvt Ltd, a fully owned Indian ...
The agency had alleged that WinZO engaged in unfair practices in real-money gaming by deploying algorithms and software without adequately disclosing to users that they were not always competing ...
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After WinZO ED Arrests, India Game Developers Warn Media: Stop Calling Real-Money Apps The 'Gaming Industry'
Winzo ED Arrests: The video-game industry is drawing a firm boundary line as real-money gaming platforms face legal heat. A statement issued by the Indian Game Publishers and Developers Association ...
For now, the outlook looks uncertain for WinZo. How long can it continue to drag its operations amid the crisis?
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WinZO case: Founders Saumya, Paavan arrested; ED says company held ₹43 crore of gamers’ funds — 10 points
The Enforcement Directorate took action against online gaming company WinZO and arrested its founders, Saumya Singh Rathore and Paavan Nanda, in connection with a money laundering case, officials said ...
Co-founder and director of Winzo Games Pvt Ltd, Saumya Rathore, has moved a plea before the Karnataka High Court challenging ...
The Enforcement Directorate (ED) on Thursday said it has conducted searches at the accounting firm of real money online money gaming app WinZO and has frozen fresh bank deposits, mutual funds and ...
(MENAFN- Live Mint) A Bengaluru sessions court has granted bail to Saumya Singh Rathore, co-founder and director of Winzo Games Pvt Ltd, in a money-laundering case filed by the Enforcement Directorate ...
The Enforcement Directorate (ED) has frozen fresh bank deposits, mutual funds and fixed deposits worth ₹192 crore of real money online gaming app WinZO. The action came after the ED conducted searches ...
Through the Indian Game Developer Fund, WinZO said it will cut cheques of between $100,000 and $1 Mn in exchange for equity and deeper integration with its technology stack The developers’ fund comes ...
Dream11 cofounder and CEO Harsh Jain has hinted at exploring different verticals including sports analytics, AI-driven products and services, and fintech as mentioned. In September this year, WinZO ...
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