The shutdown comes amid several layoffs and closures in the online real money gaming sector, which followed the imposition of a 28% goods and services tax (GST) on the sector.
Striker allows users to collect digital player trading cards and make fantasy cricket teams to compete in contests and win cash prizes. Users can also trade player cards to earn money from Striker s marketplace.
Blurred lines! Why is it time to create clear distinctive lines between online gambling and gaming? financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The companys revenue from operations increased to Rs 2,662 crore in FY23, an almost 25% increase from the Rs 2,113 crore it generated in FY22, according to financial documents sourced from company data and intelligence platform Tofler.