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Dhoni Bumrah and Hardik Invest in LightFury $11M PreSeries A for Mobile eCricket

Dhoni Bumrah and Hardik Invest in LightFury $11M PreSeries A for Mobile eCricket

LightFury Games, a AAA-focused studio building a mobile-first cricket game called eCricket, has raised $11 million in a Pre-Series A. The round includes investors MS Dhoni, Jasprit Bumrah, Hardik Pandya, plus Shreyas Iyer and others. The funding targets core development and live-ops pipelines ahead of a 2026 release.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
PlaySimple files DRHP for Rs 3,150 cr OFS only IPO as MTGx readies exit plans

PlaySimple files DRHP for Rs 3,150 cr OFS only IPO as MTGx readies exit plans

PlaySimple, the MTG-owned Swedish casual mobile game developer, has filed a DRHP with SEBI for an OFS-only IPO worth Rs 3,150 crore, with MTGx Gaming Holding AB as the sole seller. The firm runs 30 live games across 110+ countries, with 4.99 million DAUs. Revenue rose 20% in 2025, but profits fell 31% as expenses—led by ad and commissions—jumped sharply.

Summarised by Beize from a story on Inc42 on 24 Apr 2026

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Nazara Technologies to raise Rs 500 crore through preferential warrant issue

Nazara Technologies to raise Rs 500 crore through preferential warrant issue

Gaming and sports media firm Nazara Technologies says its board has approved a plan to raise Rs 500 crore via a preferential issue of warrants. The proposal signals a fast route to funding and could reshape near-term financing and investor participation, depending on how and when the warrants are exercised.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Video gaming becomes a Bharat boom as non metro players surge to 66 percent

Video gaming becomes a Bharat boom as non metro players surge to 66 percent

India’s video gaming industry is rapidly turning into a true “Bharat” phenomenon, powered by expanding IT infrastructure, mass smartphone adoption, and better high-speed connectivity. The shift is visible in where players live: non-metropolitan gamers rose from 57% in 2022 to 66% in 2023, signaling gaming’s mainstream leap beyond big cities.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Global and Indian gaming firms battle for ICC official cricket gaming rights

Global and Indian gaming firms battle for ICC official cricket gaming rights

Global and Indian gaming companies are lining up to bid for the ICC’s official cricket gaming rights, underscoring how quickly cricket video games are becoming a high-value commercial space. Multiple firms are reportedly interested in the tender process, as the ICC moves toward a more structured and formal approach to licensing these digital partnerships.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Krafton CEO pledges made in India games, doubling bets on IP and global exports

Krafton CEO pledges made in India games, doubling bets on IP and global exports

Krafton CEO Kim says the company’s next push is to create Indian-made games for local players and global markets. With PUBG’s maker planning to double down on investments and IP creation, Krafton will fund projects using both its balance sheet and a new tech-focused fund aimed at expanding capabilities and future releases.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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MIXI Global Investments launches 50 million India fund betting big on gaming and consumers

MIXI Global Investments launches 50 million India fund betting big on gaming and consumers

MIXI Global Investments Inc. is rolling out a $50 million India-focused fund, signaling a deeper push into India’s consumer and gaming ecosystem. Managing Director (Investment – India) Tomoharu Urabe says the firm sees enduring growth in consumer-tech adoption and gaming demand, positioning the fund to back opportunities as the market scales.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
LightFury Games raises 11 million to build AAA mobile cricket game eCricket

LightFury Games raises 11 million to build AAA mobile cricket game eCricket

LightFury Games has secured $11 million in pre-Series A funding to develop eCricket, its debut AAA mobile title built on Unreal Engine 5. Backed by Blume Ventures and others, with leading Indian and international cricketers as strategic investors, the game will support real-time multiplayer, AI commentary, and esports events. The push comes as India’s new online gaming rules take shape.

Summarised by Beize from a story on Inc42 on 24 Apr 2026
NODWIN appoints Manish Agarwal to power IPO bid raising over 100 million in pre IPO round

NODWIN appoints Manish Agarwal to power IPO bid raising over 100 million in pre IPO round

NODWIN Gaming has appointed Manish Agarwal as a non-executive director, signaling a sharper push toward a potential initial public offering. Agarwal is known for helping take Nazara Technologies public, and NODWIN plans to raise more than $100 million in a pre-IPO funding round. The move aims to bolster credibility and leadership as markets watch the company’s listing prospects.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dhoni Bumrah and Pandya back LightFury as it lands 11 million funding boost

Dhoni Bumrah and Pandya back LightFury as it lands 11 million funding boost

Gaming startup LightFury Games has raised $11 million, with backing from Indian cricket stars MS Dhoni, Jasprit Bumrah and Hardik Pandya. The company plans to develop a global AAA cricket gaming franchise anchored by its mobile-first title, eCricket, which is targeted for a 2026 launch—turning big-league fandom into next-gen gameplay.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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South Korea launches Rs 6000 crore Unicorn Growth Fund backing Indian AI deeptech gaming startups

South Korea launches Rs 6000 crore Unicorn Growth Fund backing Indian AI deeptech gaming startups

KRAFTON, Naver, and Mirae Asset Venture Investments have launched a Rs 6,000 crore Unicorn Growth Fund to fund India’s fastest-growing tech startups. Announced after a New Delhi ministerial meeting, it will back AI and software, deeptech, gaming and creator economy, and consumer internet. Beyond capital, founders gain direct access to Korean product, architecture, and scaling pathways.

Summarised by Beize from a story on Know Startup on 24 Apr 2026
Supreme Court GST ruling could reshape India gaming industry after Gameskraft INR21000 crore fight

Supreme Court GST ruling could reshape India gaming industry after Gameskraft INR21000 crore fight

Gaming firms are watching the Supreme Court case involving Gameskraft’s INR21,000 crore GST demand, which could end the long debate over whether games are of skill or chance. With an upcoming 28% GST on the full face value of bets, the judgment may also clarify whether retrospective taxation applies.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Gaming startup Spill Games secures 3.1 million seed funding to scale profitable titles

Gaming startup Spill Games secures 3.1 million seed funding to scale profitable titles

Bengaluru-based gaming startup Spill Games has raised $3.1 million in seed funding from Centre Court Capital and PeerCapital. Backed by former PlaySimple Games executives, the company plans to use the money for user acquisition and to build a more diversified portfolio of profitable titles as it scales its game offerings.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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