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TMT Law Practice Advises WinZo on USD 12 Million Buyback from Hike


TMT Law Practice Advises WinZo on USD 12 Million Buyback from Hike
Friday, May 21, 2021 10:00AM IST (4:30AM GMT)
 
New Delhi, Delhi, India:
 The increasingly competitive Real Money Gaming Industry in India – among the fastest-growing globally – has witnessed a fair number of deals and investment activity, especially over the last year. The sector has received more than its (un)fair share of attention from allegedly “public-spirited” citizens and the state legislatures. This has often led to “paternalistic” legislation seeking to ban the seeming menace of gam(bl)ing.
 
In this scenario, Hike Global, which had invested a total of USD 5 Million, along with Kalaari Capital in 2019, in the leading vernacular online gaming platform named ....

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