Mahesh Babu Backs Shortgun Games as Strategic Investor
Actor Mahesh Babu has joined Mumbai studio Shortgun Games as a strategic investor. The amount and stake are undisclosed; the studio's first title is the PC and console game Project Takedown.
Actor Mahesh Babu has joined Mumbai studio Shortgun Games as a strategic investor. The amount and stake are undisclosed; the studio's first title is the PC and console game Project Takedown.
The founders sold Aldun in January and launched dubdub two months later. The seed backs a trivia app with 20,000 downloads, a retention claim without a number and no stated revenue model.
Haryana has notified rummy and poker as games of skill, clearing physical card rooms in Gurugram and across the state, on conditions that include registration, KYC, CCTV and a bar on taking any rake. The Supreme Court's May ruling on GST leaves a separate question open.
ARC has raised ₹10.5 crore in pre-seed funding led by Chimera VC and MIXI Global Investments to build ARC X1, a handheld games console with its own operating system. That is roughly $1.2 million to do hardware and software at once.