Nikhil Kamath's WTFund and Nazara Technologies have invested Rs 2 crore in two gaming startups, Norian Games and Xigma Games, to support the growth of India's gaming industry. This initiative aims to provide financial backing, mentorship, and strategic guidance to foster innovation in the sector. Kamath emphasized the importance of nurturing young entrepreneurs and pushing the boundaries of gaming.
Kunal Shah's Cred is expanding its financial services by applying for a stock broking license through its subsidiary, Spenny. This move follows Cred's acquisition of a micro-savings and investment platform and aims to compete in the crowded stock broking market dominated by Zerodha and Groww.
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