Since many popular Chinese mobile games are banned in India today, there are many opportunities for alternatives developed in the West and in the country to replace them. And investors say that investors are getting the attention.
September 2 India bans 118 Chinese mobile apps, Almost a third was a game. Tencent Holdings‘Hit mobile games PUBG Mobile Among the 35 games blocked in the latest move that came after the government first banned 59 Chinese apps Including video sharing feeling Tick And messaging apps WeChat In June. The June list included only two games.
Pontus Mähler, Head of Business Development for Video Games, has funded the GTR Accelerator and said the latest ban will give the Indian game market plenty of opportunities to release close copies of blocked Chinese titles. It was
“In order to take advantage of the current situation, companies basically just try to release copycats, because people don’t forget. PUBG Mobile And Arena of Courage. They want to keep playing them,” he said. “So it’s a really good time to launch a game that’s very similar now,” Mailer said.
The ban is part of a major backlash against Chinese technology in India. Deadly border clash Discrimination against two nuclear-armed neighbors COVID-19 Pandemic. Local alternatives are emerging in the aftermath, and venture capitalists and angel investors are working to support them. In particular, the government is actively working to build its own game industry.
Prime Minister of India Narendra Modi According to India, India needs to harness its great potential in the field of digital games by developing games inspired by its culture and folklore. Economic era.
The Indian Union Ministry of Education recently announced plans to help students find employment in the gaming industry and will soon organize a national-level hackathon for online games that showcases Indian student talent. Economic era report.
Vey-Sern Ling, senior analyst at Bloomberg Intelligence, said:
Salone Segal, general partner of game-focused venture capital fund Lumikai Fund, saw the latest developments as an opportunity.
“Domestic content makers and domestic start-ups are starting to innovate for Indian viewers and increase the incentive to build local products. [are] It’s done in India.”
The Delhi-based fund said it will invest in 15-20 early-stage gaming and interactive media startups in India in the coming months. The exact composition of the fund has not been disclosed, but is expected to reduce check sizes from US$200,000 (RM829,900) to US$2 million (RM8.29mil).
Daniel Ahmad, senior analyst at Nico Partners, Call of Duty: Mobile As we have escaped the latest ban, we continue to be at risk of further restrictions.
“Supercell games aren’t banned, but the Indian government is considering whether the company should be banned in the future,” Ahmad said of a Finnish developer majority owned by Tencent of China.
“Prohibition of Mobile legend And Arena of Courage There has been a gap in the Indian multiplayer online battle arena (MOBA) game market.” “This is currently Super cell Brawl starBut now, local or global developers have the opportunity to tap into this market. – South China Morning Post