Online gaming was understandably one of the big gainers from the COVID-19 pandemic and the ensuing lockdowns. Private equity (PE) and venture capital (VC) investors invested over US$ 2 Billion (bn) across online gaming companies in 2020 and 2021 – the lion’s share of which went into real money-based fantasy sports unicorns, Dream11 and Mobile Premier League (MPL).
The pandemic years have also produced some of the biggest exits for exits for PE-VC investors in the sector. The US$ 400 million...
Read more on moneycontrol.com