Indian gaming industry attracted $350 million venture capital investments between 2014-2020: Report

NEW DELHI: India’s gaming industry has attracted about USD 350 million in investments from venture capital firms between 2014 and first few months of 2020, growing at a CAGR of 22 per cent, a report by Maple Capital Advisors said on Tuesday.

The report titled ‘Gaming – India Story’ said the Indian gaming industry currently valued at USD 930 million and is expected to grow at 41 per cent annually. By 2024, the gaming industry in India is set to be valued at USD 3,750 million, it added.

This increase will be fuelled by the growth of digital infrastructure and substantial rise in quality and engaging gaming content, it said.