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Gaming sector on losing streak; Vizag’s data centre gold rush
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In a jolt to the Indian gaming sector, the founders of Winzo Games were arrested in a money laundering case. This and more in today’s ETtech Top 5.
Also in the letter:
■ CarTrade, CarDekho deal talks fail
■ Swiggy disputes business loss claims
■ Apple vs antitrust law
ED arrests Winzo founders in PMLA case
Saumya Singh Rathore and Paavan Singh, cofounders, Winzo
The Enforcement Directorate has arrested the founders of online gaming platform Winzo in a money laundering investigation that has widened to other players in the sector.
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