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.
short by
Neeraja Nath /
07:02 pm on
13 Nov