Clairvest writes off its ₹760-cr investment in Indian gaming firm
Canada-based private equity firm Clairvest wrote off its entire investment worth ₹760 crore in real money gaming (RMG) company Head Digital Works. The move comes after India's new gaming law imposed a blanket ban on online money games. Clairvest stated that they are planning to focus their investments in North America going forward due to recent experiences investing abroad.