Business

KRAFTON Chairman Byung Gyu Chang met Prime Minister Narendra Modi in New Delhi and announced an additional $250 million investment in India over the next 3–4 years. This takes the company’s total planned direct investment to around $500 million, supporting gaming, homegrown IP, startups, AI, robotics and deep tech while boosting opportunities for Indian developers and creators.

Kirsty Coventry, the new IOC President, has halted the organization’s dedicated esports efforts by placing the Esports Commission on pause. This marks a significant shift in the Kirsty Coventry Esports strategy.

An ultra-rare Pikachu Illustrator card $1.4 million sale has made headlines. The PSA 9-graded 1998 Japanese CoroCoro promo fetched $1,406,250 at Heritage Auctions on March 27, 2026. Only about 40 copies were ever printed, with just 15 graded PSA 9. This ranks as the third-highest Pokémon card sale ever.

NODWIN Gaming has been officially appointed as India’s National Team Partner for the Esports Nations Cup 2026 (ENC 2026). The landmark partnership will see NODWIN lead the formation and management of India’s national esports teams for the inaugural global nation-based tournament taking place in Riyadh, Saudi Arabia from November 2 to 29, 2026. With responsibilities ranging from talent scouting and team building to grassroots development, this move marks a historic step.

New York Attorney General Letitia James is officially suing Valve over loot boxes in CS2, TF2 & Dota 2 as illegal gambling. Billions in revenue targeted – what it means for gamers!

FIFA has revealed that more than 120 nations will participate in the FIFAe esports ecosystem for the 2026 season, a new record. The expanded program includes Rocket League, eFootball Console, and the new 2v2 Mobile format, along with year-round rankings and clearer qualification paths. This major growth highlights FIFA’s commitment to making football esports more global and accessible than ever.

Haryana Rajya Sabha MP Kartikeya Sharma has urged the government to grant esports sports status in India. In his Zero Hour intervention on February 10, 2026, he highlighted the sector’s huge potential for jobs and careers while calling for strong regulations to protect young gamers. This reflects India’s growing acceptance of esports as a mainstream industry.

Details of the IICT Esports Premier League, a thrilling event boosting PM Modi's orange economy vision.