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Gaming sector needs a regulatory structure, says Games24x7 CEO Bhavin Pandya

The gaming sector needs a regulatory structure because legitimate operators are struggling as several companies were offering real money games of chance under the guise of “games of skill”, Bhavin Pandya, cofounder and chief executive of newly minted gaming unicorn Games24x7 told ET in an interview.

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Gaming sector needs a regulatory structure, says Games24x7 CEO Bhavin Pandya

The gaming sector needs a regulatory structure because legitimate operators are struggling as several companies were offering real money games of chance under the guise of “games of skill”, Bhavin Pandya, cofounder and chief executive of newly minted gaming unicorn Games24x7 told ET in an interview.

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Indian companies filed 9,500 patents in the US in last six years: NASSCOM report

The report is an analysis of the patents filed in the US by India-domiciled companies as the country remains a major export market for the Indian technology industry. US accounts for close to 62% of tech exports in FY2022, and would continue to drive share of tech patents as it reflects a start-up promotive and IP-right friendly environment, the report said.

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Indian companies filed 9,500 patents in the US in last six years: NASSCOM report

The report is an analysis of the patents filed in the US by India-domiciled companies as the country remains a major export market for the Indian technology industry. US accounts for close to 62% of tech exports in FY2022, and would continue to drive share of tech patents as it reflects a start-up promotive and IP-right friendly environment, the report said.

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Consumer sector-focused fund Venturi Partners raises $175 million

Founded by Cator, the investment platform will look to back high-growth Asian consumer companies with an online or offline presence in sectors ranging from FMCG to education and healthcare services.

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Veranda Learning to acquire test-preparation institute chain TIME for Rs 287 crore

The acquisition will be in phases, with Veranda taking over 80% of the outstanding capital along with management control in the first phase, it said in a statement.

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Paytm brings in new group head for regulatory affairs

Yanamandra joins the Noida-based financial services company from the New Development Bank in Shanghai, where he served as chief of the compliance division.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...