News Discussion Community

by you

Stealth

a year ago

After 28% GST, what’s the scene like in the offices of fantasy gaming offices?

Dream11, Crikpe and all others

President_Trump

Stealth

a year ago

More layoffs coming....

DarkerKnight

Stealth

a year ago

I think govt. won't back out from this policy. As a result, companies would have to think to build margins after accounting for this change. Sadly layoffs would be their choice of action as well. As pivoting business this huge is difficult. Layoffs are easy.

MrWane

Stealth

a year ago

Lode lagenge

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Curated from across

Indian Startups on

by SoftApp38

Stealth

a year ago

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 everybody in denial, talking about how we can still survive and no updates from leadership yet.

Indian Startups on

by AGIcoming

Google

a year ago

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 Startups on

by AdeptViola24

KPMG

a year ago

Centre has decided to impose 28% gst on Online gaming. How will companies like Dream11, Games2win, Nazara etc pivot now?

News Discussion on

by Thomas_Shelby

Swiggy

a year ago

40,000Cr GST notice to Dream11

40,000Cr to Dream11 20000Cr to GamesKraft 16,000Cr to Deltacorp This will be a major blow to the online betting industry. All the top companies have taken a major hit. Will be interesting to see how they recover from it. Deltacorp shares already down 18% today!

Central Board of Indirect Taxes and Customs is likely to send show cause notices to over 40 skill-gaming companies for alleged tax evasion a...

https://www.moneycontrol.com/news/business/dream11-parent-approaches-bombay-high-court-challenging-gst-evasion-notice-11426751.html

Indian Startups on

by Jack3d

Unicorn

a year ago

Dream11 - 40k Cr Tax notice

What will happen now?

Misc on

by Baba_White_Sheep

Stealth

a year ago

Anyone a fan of Conspiracy Theories?

Share a Conspiracy theory you believe in

Indian Startups on

by RiseUp123

Stealth

a year ago

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?

Layoffs on

by brandnew

Self Employed

a year ago

Layoff at MPL?

My friend was supposed to join MPL but his offer got rescinded. I also heard they’ll start laying off soon. Can anyone shed some light on this? Because I was planning on taking a role there as soon as my friend joined in. Heard they have awesome work life balance + free food + frequent parties etc etc.

Layoffs on

by RMG_insider

Capgemini

a year ago

Layoffs at a growing Fantasy gaming company based out of Navi Mumbai

A real money fantasy gaming company based in navi mumbai is all set to lay off more than 70% of its workforce. The employees have already been told to start searching for jobs elsewhere. Layoffs will begin post October. They will most probably put the employees on pip before termination.

Indian Startups on

by KanyeEast

Flipkart

a year ago

Are Indian fantasy gaming and betting apps going to die?

There’s no way they can foot the retrospective GST tax dues to the. Government. What next for them ? Dream 11 is Ambani safe haven - will it somehow get saved. ?