By Satyaki Chakraborty Just four days after the holding of the G 20 summit in New Delhi on September 9 and 10 this year, the G77+ China held its historic summit in Havana on September 15 and 16 and came out with its Havana Declaration which was an unequivocal charter of action for the Global […]
The post Havana Declaration Of G77+China Summit Is A Charter Of Global South In This Decade first appeared on Latest India news, analysis and reports on IPA Newspack.
By Binoy Viswam After a very long wait, the Women’s Reservation Bill has been passed by the Parliament. Everyone who knows about the history of the struggle for the enactment of the Women’s Reservation Bill would think about Comrade Geeta Mukherjee at this moment of victory. She was the unforgettable communist leader and a consistent […]
The post It Was CPI Lok Sabha Member Geeta Mukherjee Who Pioneered Women’s Bill first appeared on Latest India news, analysis and reports on IPA Newspack.
By Sushil Kutty The international gunning for Narendra Modi is back in fashion. Western media has found in Canadian Prime Minister Justin Trudeau the man to repaint Modi into a corner after 10 years of being in the global spotlight. Many in the West media are convinced this time Modi will not escape retribution notwithstanding […]
The post India-Canada Battle Over Nijjar Killing Threatens To Hit New Delhi’s Diplomacy first appeared on Latest India news, analysis and reports on IPA Newspack.
By Arun Kumar Shrivastav Recently, the National Payments Corporation of India (NPCI) put out a job opportunity on LinkedIn and invited applications from senior blockchain executives with a proven track record of implementing blockchain projects. NPCI offers various instant payment solutions in collaboration with nearly 250 banking institutions in India. It works under the banking […]
The post Push For Global Approach To Crypto Fizzles Out, Legislation Is A Must Now first appeared on Latest India news, analysis and reports on IPA Newspack.
The robot looks like a human and interacts with people The startup RDI Robots, a manufacturer specializing in autonomous service robots, has unveiled its latest creation: Ardi, a humanoid robot. This project spanned eight months in development. Noteworthy advancements in this new model include a novel servomotor type, an expanded capacity for regulating micro-expressions to convey emotions, the introduction of silicone skin for enhanced elasticity, along […]
An FIR has been filed against Assam Chief Minister Himanta Biswa Sarma for alleged hate speech during a Jan Ashirwad rally in Madhya Pradesh’s Vaishali district earlier this week. The FIR was filed on the complaint of Assam’s leader of Opposition and senior Congress leader Debabrata Saikia at the Nazira Police Station in Sivasagar. As per the FIR, the Congress […]
The post FIR against CM Sarma for hate speech against Sonia first appeared on Latest India news, analysis and reports on IPA Newspack.
Amid a debate on women’s reservation bill in Lok Sabha, Nationalist Congress Party (NCP) MP Supriya Sule on Wednesday attacked the ruling BJP, saying a former Bharayatiya Janta Party Maharashtra chief had asked her to go home and cook food. Speaking in the Lower House of Parliament today, the MP from Maharashtra’s Baramati said, “Nishikant […]
The post Was told to ‘go home and cook’, recalls Supriya Sule first appeared on Latest India news, analysis and reports on IPA Newspack.
Congress leader Rahul Gandhi on Wednesday said the women’s reservation bill is incomplete without the provision for quota for other backward classes. He expressed his support for the bill, which was passed in the Lok Sabha, and batted for its immediate implementation. Not only this, he made a strong pitch for a caste census saying […]
The post Bill incomplete without OBC quota, says Rahul first appeared on Latest India news, analysis and reports on IPA Newspack.
Former president Ram Nath Kovind on Wednesday lauded Prime Minister Narendra Modi for his vision and leadership and said the country is “undoubtedly in safe hands” when he is at the helm. Addressing an event organised to release a book on the prime minister’s life and contribution, Kovind described Modi as a man of “extraordinary […]
The post Kovind says India safe with PM Modi at helm first appeared on Latest India news, analysis and reports on IPA Newspack.
Infobip has been recognized for its ability to execute and completeness of vision in the first Gartner Magic Quadrant™ for the Communications Platform as a Service (CPaaS) market KUALA LUMPUR, MALAYSIA – Media OutReach – 21 September 2023 – Global cloud communications platform Infobip has been named a Leader in the Communications Platform as a Service (CPaaS) market by analyst firm Gartner. In the first Gartner Magic […]
TAIPEI, TAIWAN – Media OutReach – 21 September 2023 – Taiwan Creative Content Fest (TCCF) 2023 kicks off its largest edition to date this November 7th and, for the first time, the festival organized by Taiwan Creative Content Agency (TAICCA) welcomes international works into its PITCHING section. Of the record -breaking 539 submitted projects from 29 regions such as Taiwan, Japan, South Korea, Indonesia, Singapore, Iran, France […]
BANGKOK, THAILAND – Media OutReach – 21 September 2023 – KASIKORN Business-Technology Group (KBTG), Thailand’s leading tech organization and the technology arm of Kasikornbank, organized “KBTG Techtopia”, a thought-provoking and skill-awakening tech conference. This two-day event (1-2 September 2023) serves as a platform for more than 450 tech enthusiasts and members of various industries to explore the world’s latest trends, learn new things, connect with each other, […]
The White House is “deeply concerned” about allegations that Indian agents were potentially involved in the murder of a Khalistani terrorist in British Columbia earlier this year and encourages India officials to cooperate in any investigation, White House national security spokesman John Kirby said on Wednesday. Canadian Prime Minister Justin Trudeau announced on Monday that […]
The post US asks India to cooperate with Canadian probe first appeared on Latest India news, analysis and reports on IPA Newspack.
Ukraine President Zelensky has urged the United Nations to stop Russian aggression, calling it “evil.” According to a UN expert, human rights in Russia have “significantly declined” since the war began. European Parliament has called Russia’s bombing of the Kakhovska dam a war crime. According to Ukraine, Russia has blown up another dam. The Ukraine …
The post Zelensky urges UN to stop Russian “evil” appeared first on Alltop Viral.
Chicago-based Venture Firm Gains Approval to Co-Invest in New Jersey’s High-Growth Startups through the NJIEF Program
CHICAGO, IL, UNITED STATES, September 20, 2023/EINPresswire.com/ — EMERGING Fund Management LLC today announced its approval as a Qualified Venture Firm (QVF) by the New Jersey Economic Development Authority (NJEDA) for participation in the New Jersey Innovation Evergreen Fund (NJIEF). This recognition allows EMERGING Fund to leverage up to $12.5 million annually to co-invest in innovative, high-growth businesses based in New Jersey.
EMERGING Fund’s investment are focused on disruptive ventures employing technology to heighten guest experiences, streamline operations, and promote sustainable growth within the restaurant industry. With its strategic engagement, EMERGING Fund offers capital, industry expertise, and a resource network to support their portfolio companies in realizing their ambitious growth objectives.
“Working with NJEDA in this initiative gives us an opportunity to help some of the state’s most promising restaurant and restaurant technology entrepreneurs take their businesses to the next level and simultaneously contribute to building New Jersey’s economy,” said Mathew Focht, General Partner and Founder of EMERGING Fund. “With our capital investment as well as access to a Who’s Who of restaurant industry veterans for strategic advice and mentorship, we can provide critical strategic growth resources for the next generation of businesses in this space.”
The NJIEF, established under the New Jersey Economic Recovery Act (ERA) of 2020 and signed into law by Governor Phil Murphy in 2021, is a groundbreaking initiative enabling the State of New Jersey to become an equity investor in early-stage businesses. With a commitment of up to $300 million, the state collaborates with approved qualified venture firms like EMERGING Fund to co-invest, bringing the total investment potential to $600 million.
The NJIEF’s unique approach to funding, which includes capital raised from the sale of tax credits auctioned in December 2022, aims to bolster the growth of New Jersey’s high-growth businesses. The program has garnered attention from venture firms nationwide, all recognizing New Jersey’s leadership in innovation.
NJEDA Chief Executive Officer Tim Sullivan recently emphasized the state’s dedication to innovation, stating, “The NJIEF offers a unique and responsive solution for getting capital into the hands of the state’s youngest companies while also building on New Jersey’s role as a leader in innovation.”
EMERGING Fund Management LLC joins two other venture capital firms approved in this recent round, bringing the total number of qualified venture firms to ten. Each firm can access the designated funds to co-invest in New Jersey’s most promising startups.
About EMERGING Fund
EMERGING Fund is among the first growth capital funds to pinpoint the explosive convergence of technology, “ResTech,” and restaurant & entertainment concepts. EMERGING Fund provides capital, strategic assistance, and industry knowledge to forward-thinking companies within the sector. With an emphasis on using technology to effect positive change, EMERGING Fund aims to transform the restaurant industry by investing in ventures that re-imagine the guest experience, enhance operational efficiency, and promote sustainability. For more information, visit https://EMERGING.com/fund/
David Bagley
Chief Investment Officer, EMERGING Fund
630-248-4145
email us here
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The recent catastrophic floods in Libya can be attributed to climate change, according to experts. An expert has said sea ice in the Antarctic are at “mind-blowing” levels. A French ski resort is closing forever because of lack of snow. The UN is calling for dramatic changes in light of the fact that this summer …
The post Libyan floods attributed to climate change appeared first on Alltop Viral.
Karl Escritt If all the recent talk of artificial intelligence’s rapid growth is filling you with a sense of dystopian dread, you might be surprised to learn that AI is already playing a prominent role in our lives. From the first scroll through your social media accounts in the morning to that late-night shopping spree on Amazon, AI is now enmeshed in our everyday routines. Here are […]
Latest In-Depth Market Report Projects 641 million gamers by 2027
SILICON VALLEY, CA, USA, September 20, 2023/EINPresswire.com/ — Niko Partners, the world’s leading market research firm covering video games and esports in Asia, the Middle East, and North Africa, today announced that India is the fastest growing gamer market in Asia, with more than 641 million people projected to be playing video games on a regular basis by 2027. This data is just a small part of the newly released 79-page 2023 Niko Partners India Games Market report, that includes Niko’s proprietary market model and 5-year forecast through 2027, along with qualitative and quantitative analysis on gamer demand, behavior and usage for mobile, PC, console games.
Insights from the research show that total gamers in India are forecasted to surge a remarkable 343% between 2017 and 2027, significantly higher than China’s 21% projected growth in the same time period. 71.8% of gamers in India also engage with esports in some capacity and 43% of total gamers are women. In addition to mentioning fast-growing international companies in India such as Krafton, Garena, and Riot Games, other notable domestic game companies are mentioned such as Gametion, Nazara and Loco.
“As the fastest growing video games market in Asia by both revenue and total gamers, it is important for gaming and esports companies to understand the opportunities and challenges of the India market,” said Lisa Hanson, CEO of Niko Partners. “India has significant room and momentum to grow, with more people having access to the internet and more people willing to play games as well as spend money on them. One key factor in revenue generation is localizing your game for the market.”
Key takeaways from the India Games Market Report include:
• Niko Partners projects India video games revenue across all platforms forecast to reach $868 million in 2023, up 21.2% YoY.
India’s video game market is forecast to reach $1.6 billion in 2027, growing at a 5-year CAGR of 17.2%.
• The number of gamers in India across all platforms is forecast to reach 444 million in 2023, up 12.1% YoY.
The number of gamers across all platforms in India is forecast to reach 641.2 million in 2027, growing at a 5-year CAGR of 10.1%.
• India is a mobile first market with 96.8% of total gamers playing on a smartphones or tablets.
• 31% of the 444.4 million gamers will spend on video games in 2023, with annual ARPPU reaching $6.38
• The return of BGMI and Free Fire are positive signs for the industry and foreign game companies looking to enter the market.
The India Games Market report has 79 slides and includes a comprehensive market model and 5-year forecast through 2027 by games segment, growth drivers, key genres, and trends. The report provides details on esports, livestreaming, localization, payments, financial transaction events, and regulations. It also offers recommendations for companies looking to tap into the fastest growing video games market in Asia. Contact us for more information on our methodology for our ongoing market intelligence services and reports.
For more information, please visit https://nikopartners.com/india-games-market-report/
ABOUT NIKO PARTNERS
Niko Partners is the world’s leading market research firm covering video games and esports in Asia, the Middle East, and North Africa. Leveraging unmatched local expertise with a global perspective, Niko Partners delivers the most in-depth market intelligence on the world’s fastest-growing regions. With our deeper understanding of these markets, game developers, publishers, investors, and suppliers can make smarter business decisions with the utmost confidence. Our detailed reports, subscription insights, and custom consulting services dig into the details of nuanced, complex markets, empowering firms with a stake in the video game and esports ecosystems to make the right moves for their organizations. Coverage areas include East Asia (Japan, S. Korea, Chinese Taipei), China, Southeast Asia (Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam), India, and MENA (Saudi Arabia, UAE, and Egypt in North Africa). The company is based in Silicon Valley, with offices in Shanghai, Bangkok, Jakarta, and London. Learn more at www.nikopartners.com
Lisa Hanson
Niko Partners, Inc.
+1 415-269-7303
email us here
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Prime Minister Narendra Modi’s alleged disrespectful remarks in Parliament on Telangana martyrs and their sacrifices are nothing but insulting the state’s existence and self-respect, AICC leader Rahul Gandhi said on Tuesday. In a message posted on X (formerly twitter) in Telugu, Gandhi said, Prime Minister Modi’s disrespecting speech on the martyrs of Telangana and their […]
The post Modi’s Telangana remark an insult: Rahul first appeared on Latest India news, analysis and reports on IPA Newspack.