Sunday

Krafton Pledges Another $250M to India, Which Has Banned Its Flagship Game Twice

Read the history and this looks less like a growth bet than an insurance premium. In September 2020 India banned PUBG Mobile along with 117 other apps linked to China, after border clashes in the Himalayas. The problem w…

Mokobara Raises ₹170 Crore, and Only ₹91 Crore of It Is in the Filings

Put the two Indian D2C stories of this week side by side and the difference is not execution. It is category. Sugar Cosmetics raised at a quarter of its peak valuation, on revenue that has fallen two years running and lo…