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Hike, once one of India’s most valuable startups with unicorn status, has become the latest casualty of New Delhi’s recent real-money gaming ban, with the company — led by Kavin Bharti Mittal, son of Airtel founder Sunil Bharti Mittal — now shutting down. On Saturday, Hike founder Mittal (pictured above) said that the startup’s U.S….
Top Indian startups in the real-money gaming space have begun shutting down operations after New Delhi effectively banned the sector through new legislation that’s now on the verge of becoming law. On Thursday, the upper house of the Indian Parliament passed the Promotion and Regulation of Online Gaming Bill, 2025 — proposing to completely ban…
India’s lower house of parliament on Wednesday passed a sweeping online gaming bill that, while promoting esports and casual gaming without monetary stakes, imposes a blanket ban on real-money games — threatening to disrupt billions of dollars in investment and significantly impact the real-money gaming industry, which could see widespread shutdowns. Titled the Promotion and…