Even before the pandemic struck India, the country had a steady (and rising) number of online gamers. The pandemic only further expanded the reach of the online gaming industry.
Not only did the number of online gamers increase, but the pandemic also caused acceptability and adoption of online gaming as part of mainstream recreation and entertainment.
According to the mobile app market intelligence firm Sensor Tower, India saw the highest number of game downloads in the world, with 7.3 billion installs, during the first three quarters of 2020.
Please click here to read the full article by Manvinder Singh, published in CNBC TV 18.
Manvinder has a practice of more than 20 years and specializes in acquisitions, private equity investment and business restructuring. Manvinder regularly advises leading global private equity funds in structuring and concluding their investments in Indian companies.