Sources said Vishal Gondal, founder of Indiagames, along with existing investors Cisco and Adobe, are in talks with both private equity consortia and strategic investors to buy back the stake they'd once sold to the parent firm.
Airtel Broadband & Telephone has tied up with Indiagames for offering online gaming for its broadband customers for Rs 199 per month.
UTV Software Communciations has acquired the promoter and employee shareholding of 30.02 per cent in Indiagames -- mobile and online gaming developer and publisher -- for Rs 94.56 crore (Rs 945.6 million).
Indiagames is a leading developer and publisher of mobile and online games.
TOM Online Inc, China's leading wireless Internet company, announced on Friday that it would buy an 80.6 per cent stake in Indiagames for $17.73 million in cash.
UTV will also invest Rs 135 crore to enhance its existence in the animation movies segment in the next 3 years.
The company has entered into an arrangement with Indiagames and its promoters for acquisition of majority stake in the mobile and online gaming company for a consideration of around Rs 68 crore.
Indiagames, a provider of online and mobile games, has signed a deal with Bharat Sanchar Nigam to offer its online 'games on demand' service.
The reception area is packed with young turks in their early 20s, dressed in jeans and T-shirts, waiting patiently for their interview.
Apple's screen is still smaller than its main rivals.
Combines UTV, Disney, Indiagames businesses to drive growth in mobile, online, interative TV
Even as IPL franchise owners continue to face the heat from income tax authorities amid allegations of financial irregularities, netizens are making quick bucks after buying their favourite teams in the virtual world.
Entertainment, Dhruva will be working with the company to produce games that could be marketed both in local and international markets. The company will also introduce the use of motion-sensing technology, made popular by Nintendo Wii, to PS2 game developers this year.
Coming soon are games especially developed for the iPhone from Mumbai-based gaming company, Indiagames.
Online gaming was able to make a mark with about three million gamers, says an internal study done by online and mobile gaming provider Indiagames. The peak hour for gamers to be active is between 7 pm and 12 midnight. That means gaming is eating into prime-time television shows.
Nineteen companies from India, including Progeon, Bharti Telesoft, AppLabs Technologies and Indiagames figure in the top 100 upcoming private technology companies in Asia identified by US magazine Red Herring, in its first comprehensive survey of the
Mobile entertainment developer Indiagames Ltd., has announced its partnership with SingTel (Singapore Telecommunications Ltd) to launch Asia Pacific's first and largest competition for mobile gamers - World Cyber Games (mobile).
Vishal Gondal CEO, Indiagames Ltd has been listed among top 50 executives in mobile content space by 'Mobile Entertainment' magazine.
According to nCore Games, FAU-G will be based on real scenarios encountered by the Indian security forces to deal with both domestic and foreign threats, with its first level set against the Galwan Valley backdrop. The start-up is planning to monetise the venture through in-game purchase where people will be able to buy better items in the game like better armour for an enhanced gaming experience.
Bharti Airtel customers can now avail its 4G data plans starting from Rs 450, down 31 per cent from Rs 650 earlier in Bengaluru, Kolkata, Pune and Chandigarh circles.
Upbeat on the rapidly evolving entrepreneurial environment in the country, Cisco has created a $40 million (over Rs 240 crore) fund, a first by the networking solutions giant in any of its present geographies.
Eleven years into the league and after a 70 per cent year-on-year growth in merchandise sales over the past three to four years, albeit on a low base, the franchise owners are coming up with innovative games and shows around their teams besides spinning a wider range of merchandise around their star players.
The Goqii fitness tracker is a wrist band that measures one's steps, calories burnt, distance travelled, and even tracks the sleeping patterns.
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