In a country where cricket is worshiped in every sense, one virtual sport is rising rapidly to captivate the young and upcoming generations. A new breed of athletes is emerging—esports athletes. And esports is no longer limited to niche-elite crowds with high-tech gadgets and settings, a simpleton boy of 15 years with a penchant for gaming can become a big-time esports player with the opportunities presented by esports start-ups in the country. While online gaming and real money gaming startups and enthusiasts are facing a setback with 28 per cent GST, Esports, on the other hand, esports is thriving with positive policies and announcements by the government. The three tend to be confused with each other. Online gaming refers to interacting with video games at an informal level, real money gaming (RMG) are online games which requires users to make a deposit in cash or kind with expectations of earning winnings. On the other hand, esports refers to skilled athletes competing, individually or in teams, in tournaments for prize and recognition. While all esports are online video games, not all online video games are esports. Some of the popular esports games include Counter-Strike, Fortnite and Valorant.
INDIA AND ESPORTS : In December 2022, the Government of India officially recognized e-sports in the country and declared that it will now be part of the “multisports event” category in the country. Bifurcating on the basis of platforms, esports is categorized into PC-based, console-based and mobile and tablets, of which the latter two have dominance.
Bu hikaye Entrepreneur magazine dergisinin October 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Entrepreneur magazine dergisinin October 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
How To Succeed With Gen Z Workers
People often say that younger employees are different. But are they? We asked six business leaders what they've learned, and how their teams thrive.
How To Ask Family For Money
Your friends-and-family fundraising round doesn't have to be scary and awkward. Here's advice from one of the world's leading investors.
Data Breach Drama: When Trust Turns Costly In A Digital Age
Amid data breaches surges, Indian businesses are prone to financial and reputational fallout. Can cyber insurance emerge as a safeguard?
THE TERRAIN TAMER
Spearheading a California-based, Series D SaaS company is no easy feat. It requires a blend of ownership, innovation, and the ability to handle stress. But Anand Jain, co-founder and chief product officer of Clever Tap, finds his calm by escaping to rough terrain whenever he gets the chance-be it India or Colombia.
THE INTELLIGENT READS
Hardika Shah founded Kinara Capital in 2011 with the mission to address the acute credit gap in the micro-small-medium-enterprises (MSME) sector in India, by providing fast and flexible business capital to small business entrepreneurs. Despite operating in highly competitive and tough market of collateral free loans, Kinara Capital has been steadily growing in Hardika's leadership. In conversation with Entrepreneur, Hardika shares insights on her favourite books.
THE CURSE OF GROWING TOO FAST
FAIRE is a platform for small businesses, but it grew big the wrong way-almost becoming a $12 billion wreck. Here's how it fixed the problem, and why you should think twice before skyrocketing.
There's No Perfect Answer
I worked the same job for 19 years. I hated it, but it paid the bills. Then, in 2017, I entertained an exciting but terrifying question: Could I be an entrepreneur? I wasn't sure, so I needed something that felt like a guarantee. I searched for signs that would feel like a big, clear \"yes!\"
Give Yourself the Gift of Time
Happy holidays! Emmy Award-winning tech expert Mario Armstrong has five recs to get more hours in the day.
How to Become a Main Street Millionaire
It started when I bought one little laundromat. Now I have a whole portfolio of small local businesses that bring in tens of millions in revenue a year. Here's why following my playbook could be your ticket to financial freedom-and saving America's local small businesses.
Want to Better Serve Your Clients? Become Them.
As a designer for brands, starting my own product company gave me a dose of humility-and it changed the way I relate to clients.
