Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Vishal Raj Films Shining in the Film Industry with unparallel angles and shoots Lifestyle
  • Happy at Work: How StockGro is Changing the Corporate Culture Business
  • Karnavati University Champions Experience-Led Education Through Visionary Leadership of Ritesh Hada Education
  • Startup Who Caught Our Eyes In 2022 Business
  • Relocating Happiness: VTC Packers & Movers is Delhi-NCR’s Trusted Moving Companions Business
  • TravelKaroo’s Franchise brings new opportunities for Unemployed Indians in tourism industry Business
  • Nasha Boy and Bilal Saeed create memorable experiences at Mantis Dubai Entertainment
  • CecureUs Announces Winners for the Secure and Inclusive Workplace Awards 2023   Business

Colab Platforms Aligns with Government’s Vision to Establish India as an E-Sports Powerhouse

Posted on September 6, 2025 By

New Delhi, [India], September 6: On 20th August 2025, Lok Sabha cleared the Promotion and Regulation of Online Gaming Bill, 2025, aimed at banning real-money online games in light of rising concerns around gambling addiction, money laundering, and financial fraud. The bill sets a progressive framework that prohibits harmful money-gaming services.

Under the Online Gaming Bill, E-sports are recognized as a legitimate competitive sport and seeks promote its growth through guidelines for event organization, establishment of training academies and research centers, incentive schemes for innovation, and integration of esports into broader sporting policies.

Colab Platforms, India’s Leading Tech, Sports and Gaming Company welcomes the government of India’s recent move to recognize and promote E-sports as well as social gaming. This marks a transformative shift in the nation’s digital gaming and sports landscape. This progressive decision emphasizes the distinction between E-sports and other money gaming, creating opportunities for a healthier, more sustainable digital ecosystem.

At Colab Platforms, our vision resonates deeply with this landmark step. As pioneers in integrating technology with sports management and gaming, our mission is to provide platform that empowers gamers to showcase their skills, gain recognition, and participate in structured tournaments that highlight talent and competitiveness rather than monetary stakes.

“E-sports is more than entertainment – it is a career pathway, a platform for discipline, and a bridge to global recognition for India’s youth. We welcome the Government’s forward-thinking decision and are proud to align our initiatives with this vision,” said Mr. Puneet Singh, Managing Director of Colab Platforms Limited.

E-sports is expected to contribute Rs.1100+ crore to India’s economy by 2025, with over 1.5 million esports athletes and growing. As India readies itself for the global esports spotlight, Esports has rapidly evolved from niche subculture to a billion-dollar global industry. In 2024, the global Esports market surpassed $1.7 billion, with projections of reaching over $6 billion by 2030. With its inclusion in events like the Asian Games and discussions around Olympic recognition, esports is no longer just entertainment—it’s a sport of the future.

By formally recognizing esports as a legitimate competitive sport and creating structured pathways for its growth, the Promotion and Regulation of Online Gaming Bill, 2025 positions India to harness this momentum and emerge as a global powerhouse in the esports arena.

About Colab Platforms Ltd.:

Colab Platforms Limited is listed on the Bombay Stock Exchange. The company has been delivering innovative technological solutions across various sectors, leveraging its expertise in advanced technologies to drive growth and enhance user experiences. Colab Platforms Limited is dedicated to providing customized, technology-based processing solutions that help clients achieve their objectives and exceed expectations. Recognizing India’s rapid emergence as a global technology hub, Colab Platforms harnesses the nation’s diverse and talented professionals to contribute significantly to the development of the professional community. For more information about Colab Platforms Limited and our services, please visit our website at www.colabplatforms.com or our social handles.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Business Tags:Business

Post navigation

Previous Post: Why Ground Research is Crucial in Hindi Cinema
Next Post: Prabhat NGO Witnesses Green Revolution Under Young Changemaker Ayaan’s Leadership

Related Posts

  • Meet Dr. Akshaya Jain, the Undisputed Queen of Cosmetology in Pune-World News Network   Business
  • Blanket Hotel and Spa, Munnar, Recognized in Tripadvisor’s Travelers’ Choice Best of the Best Awards 2025 Business
  • Merino Brings ‘The Art of Material Living’ to Life at the Architectural Digest Design Show 2025 in Mumbai & Hyderabad Business
  • MOLD-TEK TECHNOLOGIES LIMITED Announces Q3 2022-23, PAT up by 5.5 times from ` 1.67 Cr in Q3 2021-22 to `9.21 Cr Business
  • Bidwings.Com, World’s First Social Travel Platform, Launches in India; Bid Your Price to Book Hotels Business
  • Summentor Pro Concludes 4th MSME & Startup Innovation Summit in Odisha Empowering Growth Business

Recent Posts

  • Goenka Jewellers’ Lab-Grown Diamond Jewellery Reshaping India’s Jewellery Landscape
  • KRAFTON India Announces INR 4 Crore Prize Pool for BGIS 2026 Grand Finals in Chennai
  • Manufacturing vs Agriculture Growth India: Factories Surge, Farms Slow
  • Haworth India Hosts ‘Give to Gain’ Women’s Day Leadership Panel Series Across Major Cities
  • Where Books Open Their Arms: 23rd Dilli Boi Mela Returns to New Delhi with Literature, Music and Conversations

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Swati Kothari featuring Love song “Pyaar Ka Nasha” touches audience’s heartstrings Entertainment
  • Apna Vikas: A.I.-Based Mentor & Coach To Manage People And Their Perspectives Business
  • India-based Kyaa Matlab Network launches five-minute episodic podcasts to promote experiential learning Business
  • Silver Consumer Electricals ropes in Indian cricket team’s vice-captain cricketer Hardik Pandya as brand ambassador Business
  • Mayukh Dealtrade Ltd Net Profit in Q1FY25 rise 328 Percent to Rs. 33.77 lakh, Net sales rise 18.6 Percent to Rs. 69.59 lakh Business
  • Dr. A. K. Dwivedi’s Evidence-Based Work on Aplastic Anemia Gains National Recognition Health
  • DroneTech Startup TSAW launches its logistics service division DRONECO Business
  • Fanly Entertainment Gets a Glittering Launch by Sivakarthikeyan & Other Celebrities Business

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme