📺 Stream EntrepreneurTV for Free 📺

Paytm First Games Earmarks INR 10 Cr To Support Local Game Developers, Studios PFG will also promote these games on their apps, extending their reach to its 80 million users

By Debarghya Sil

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Paytm First Games

Paytm's online gaming arm Paytm First Games (PFG) on Monday said it will provide a launchpad to homegrown game developers and design studios focused on Indian culture and folk tales.

"The initiative will provide an opportunity to studios to build exciting games that will promote gamified learning on the rich Indian heritage, mythology and sporting history," a blogpost on the company's website said.

This initiative will involve a series of events and hackathons to identify and support developers to build games. PFG said it will support developers with technology solutions and guide them to make their games more interactive, seamless and well-designed.

To facilitate all this, PFG has earmarked INR 10 crore fund to this initiative.

Additionally, PFG will also promote these games on its app, extending their reach to its 80 million users.

"Our country has the potential to revolutionize the digital gaming arena with innovative designs, technology, and talent. We believe it's the time to lead the digital gaming sector with Made in India games that becomes a global runaway success," said Sudhanshu Gupta, chief operating officer, PFG.

"Being a homegrown company we want to play our part in enabling India's gaming ecosystem. Our goal is to support over 200 talented developers, who may not have access to resources comparable to that of big studios."

The company recently roped in cricket legend Sachin Tendulkar as its brand ambassador and has also set aside INR 300 crore for investing in growing the market for fantasy sports and other online gaming events in this financial year.

Last month, PFG along with Paytm were taken down from Play Store recently as they violated Google's gambling policy. Even though hours later Paytm was restored by the tech giant, the two company's relationship has soured. Paytm founder Vijay Shekar Sharma has since then emerged as one of the top voices to criticise Google's monopoly in the Indian tech market and the company's Play Store billing policy.

Earlier today, Paytm launched its own Android Mini App store. Mini apps is a custom-built mobile website that will give users app-like experience without having to download them the company statement read. Paytm is providing listing and distribution of these mini-apps within its app without any charges.

More than 300 app-based service providers, such as Ola, Rapido, 1MG, Domino's Pizza, No Broker etc, have already joined the Paytm app store.

Debarghya Sil

Entrepreneur Staff

Former Correspondent

Thought Leaders

It's the End of the Entrepreneurial Era As We Know It

With the rise of advanced technologies and AI, are we losing all sense of the independent business person and entrepreneur?

Business News

James Clear's Atoms App Promises to Help Break Bad Habits and Create Better Ones — Here's How It Works

The app turns Clear's best-selling book, "Atomic Habits," into something actionable.

Business News

McDonald's CFO Says 'Everybody's Fighting for Fewer Consumers' as Earnings Reports Show People Are Spending Less on Fast Food

Starbucks, Pizza Hut, KFC, and McDonald's all reported lower-than-expected sales this week.

Side Hustle

He Started a Luxury Side Hustle at Age 13 — Now the Business Earns More Than $10 Million a Year: 'People Want to Help You When You're Young'

Michael Morgan, now the owner of Iconic Watch Company, always had a passion for "old things" — and he turned it into a lucrative venture.

News and Trends

Magenta Mobility And Kuehne+Nagel Partner To Electrify Road Logistics In India

In the initial phase of this partnership, Magenta Mobility will deploy electric vehicles for Kuehne+Nagel's logistics operations across India.

News and Trends

Election Essentials: 4 Websites to Identify Deepfakes and Fake News During India's 2024 Elections

With deepfakes expected to be a major part of the election season worldwide, voters should do their due diligence prior to believing or sharing news