DizzyPenguin

Gaming Startups post GST rule

Hey viners Not heard a lot about gaming startups after the first 2-3 weeks of that new GST rule. How are the gaming startups like Dream11, Games24, Junglee, Zupee doing? Has there been in shift in revenue model?

23mo ago

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WobblyWalrus

Student23mo

Bro valorant, apex legends, fortnite are gaming startups, gambling isn't 💀

WobblySushi

Nium23mo

Didn't know epic games are a startup

WobblyWalrus

Student23mo

@Didu21 epic games is a startup, valued at around $30bn

QuirkyPotato

Freshworks23mo

Also it becomes extremely tough for new entrants in the market. So currently big players will consolidate their market share

QuirkyPotato

Freshworks23mo

The insider talk in MPL is that they are bullish on the revenue stabilising after 6 months without a significant impact as the non professional players will keep playing irrespective of these GST rules. You might see a bit of non profitable pro players churn out but the bigger casual player base will just forget about it and move on

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Curated from across

Indian Startups24mo

by SqueakyPickleGoogle

28% GST on online gaming. Tough times for dream11, mpl etc

Online gaming startups are among those rare breeds which were profitable . With this move, even they will be forced to do layoffs..

Indian Startups24mo

by GroovyPotatoProduct Management

Thoughts on 28% GST for online gaming?

Folks at Dream 11, Games24×7, Junglee, etc how's the environment in the office? Have there been any updates from the leadership regarding the direction they'd be taking? As of now, here at Gameskraft it's an elephant in the room with ev...