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India’s online gaming industry has attracted about $350 million in investments from venture capital firms from 2014-2020, and by 2024, is set to be valued at $3.75 billion, according to a new report.
According to a report “Gaming–India Story” released by boutique investment bank Maple Capital Advisors, the investment in the industry is expanding at a compound annual growth rate of 22 per cent and is currently valued at $930 million. The bank expects the industry to grow at 41 per cent annually due to the growth of digital infrastructure and substantial rise in quality and engaging gaming content.
The
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