Rediff getting into online gaming as well
ContentSutra: Rediff (Nasdaq: REDF) will be launching an online game this quarter according to its Founder and CEO, Ajit Balakrishnan. They are working on this initiative in-house instead of making acquisitions. Online gaming hasn’t really taken off in Indian and all accounts indicate that Sify’s (Nasdaq: SIFY) entry into online gaming has been subpar at best. However, this seems like the perfect time to get in before its too late.
By 2010, India’s online gaming market will exceed $200 million. (Source: kotaku.com)
“India in 2006 is comparable to China in 2001, when the country’s online gaming culture started to take shape. Within the next ten years, India could emerge as one of the top online markets in Asia, right alongside China, Korea and Taiwan” (kotaku.com)
Rediff.com is India’s number one portal and I wouldn’t bet against Rediff being successful in online gaming.
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