Skip to content
  • Facebook
  • Twitter
  • Instagram
  • Email
NEWSX 360 : The Global News Platform

NEWSX 360 : The Global News Platform

News from across the Globe

  • Home
  • About Us
  • Terms & Conditions
  • Contact Us
  • Editor’s Note
  • Privacy Policy
  • Toggle search form
  • The Role of Homeopathy in Integrated Medicine News
  • Citroen Basalt SUV Coupe launched in Ahmedabad: A new era of style and versatility. News
  • AAA Rental LLP, Rent Anything, Anywhere, Anytime News
  • AS Rishi Sunak settle in India UK FTA not likely before march News
  • Tragic! Dombivli Class 12 Student Falls From Mumbai Local Train After First Board Exam, Dies India
  • Asian Granito India Ltd reports Consolidated Net Sales of Rs. 384 crore in Q2FY25 News
  • Rustom Kerawalla’s VIBGYOR Group of Schools: Preparing students for The New World News
  • Svish Paves the Way for Sexual Health Awareness with New Isvish Delay Spray News

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

Posted on September 6, 2025 By Team NewsX 360 No Comments on Colab Platforms Aligns with Government’s Vision to Establish India as an E-Sports Powerhouse

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.

Related

Brands

Post navigation

Previous Post: Prabhat NGO Witnesses Green Revolution Under Young Changemaker Ayaan’s Leadership
Next Post: UP: Woman & 17-Year-Old Boy Kill 6 Year-Old Girl After She Saw Them In Compromising Position In Hathras; Accused Arrested

Related Posts

  • JIPSI and Dr. Gaurav Kant Sharma: Revolutionizing Sports Injury Treatment for Athletes Brands
  • Union Budget 2025 Focuses on Sustainability and Green Growth – Narayan Saboo, Chairman, BigBloc Construction Brands
  • Festive Season Critical for Small Sellers’ Survival; Regulatory Changes Could Impact Millions of Digital-First Businesses Brands
  • Boyo Set for Explosive Growth with 100 New Stores in 6 Months, Boyo is poised for explosive growth Brands
  • Doner & Gyros Opens in Paschim Vihar, Delhi Brands
  • Investment Tools for Small Investors in India, By Dr. Ratish Gupta, Wealth Wisdom India Brands

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Art of Living
  • Arts
  • Auto & Transportation
  • Automobile
  • Aviation
  • Banking
  • BCA ELECTIONS 2026
  • Bollywood
  • Brands
  • Business
  • Business Technology
  • Commodities
  • Economy
  • Education
  • Energy
  • Entertain­ment & Media
  • Entertainment
  • Entrepreneurs
  • Environment
  • Financial Services & Investing
  • Fitness
  • Gadgets
  • Health
  • Housing & Infrastructure
  • India
  • Information Technology
  • International
  • International Education
  • Investment
  • Lifestyle
  • Narendra Modi
  • News
  • People & Culture
  • Pharma
  • Policy & Public Interest
  • Politics
  • Sports
  • Stock Market
  • Tamilnadu
  • Technology
  • Telecom
  • The Multitaskers: A Series On Entrepreneurship with difference.
  • Travel
  • Uncategorized
  • UNICEF
  • Wellness
  • World News

Recent Posts

  • RBI Keeps Repo Rate Unchanged at 6.5%; Focus Shifts to Inflation Trajectory
  • Gold Prices Cross ₹78,000 per 10 Grams; Silver at 8-Month High
  • Sensex Hits Record High of 82,500 as FIIs Pour Record ₹18,000 Cr in a Single Day
  • Tamil Nadu CM Vijay Appoints Personal Astrologer Radhan Pandit Vetrivel as Officer on Special Duty
  • UP Census Enumeration Begins May 7 In Two Phases; Final Population Data To Be Based On March 1, 2027 Midnight

Recent Comments

No comments to show.

Archives

  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • October 2021
  • September 2021

  • BillMade POS Announces Seamless Integration with PhonePe and Razorpay EDC + QR Code Payments Brands
  • Mumbai Indians Anthem by Satyendra Kumar Singh Set to Energize IPL 2025 Season Brands
  • Ekta World Strengthens Redevelopment Footprint with 20+ Projects in Bandra-Khar-Santacruz Brands
  • Applied Learning Meets Guaranteed Outcomes: DataPatashala’s Promise Brands
  • Jai Agarwal -The Zhakkas Papad Man of Bikaner: Papadmalji’s Journey of Taste and Tradition Brands
  • When Science Meets Soul: Dr. Tarang Krishna’s Integrative Approach to Beating Cancer Brands
  • Dr. Gopalan Anish Acharya Honored Globally for Systemic Impact Brands
  • Veefin Promoters Fully Convert Share Warrants, Infusing Rs. 8.43 Cr to Fuel Global Growth Brands

Powered by PressBook News WordPress theme