India’s online gaming industry faces a crisis due to a 28% tax and state bans, leading to uncertainty about its future. The E-Gaming head, Anuraag Saxena, has legally challenged ₹1.5 trillion in tax demands.
Kamath has announced the "WTF Gaming Fund" for gaming entrepreneurs and developers. This comes after urging Indian parents to consider gaming careers for their kids, and gaming CEOs to invest in the gaming industry.
Zerodha’s Nikhil Kamath sat with Gaming Entrepreneur Joseph Kim, Krafton's Hyunil Sohnand, and gamer Animesh Agarwal to talk about the gaming industry in India on his latest “WTF is” podcast.