28% GST on online real money games: 3 layoffs, 3 shutdowns, what’s next?

The government’s decision of imposing 28% GST on online real money games has already started impacting companies in the gaming industry. Weeks after the GST council refused to reconsider their decision, three Indian startups in the space have laid off staff while three other startups have shut down altogether. Mobile Premier League (MPL) was the first to announce the impact as the Peak XV Partners…