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44% gamers in India are women, but male employees continue to dominate the industry
Economic Times
·
5m ago
Medial
The Indian gaming market boasts 44% women gamers, yet only 12-14% of its workforce comprises women, with even lower representation in tech roles. The Women in Games report highlights challenges like gender bias, limited mentorship, and pay disparities. Women dominate creative non-tech roles but are scarce in senior positions, affecting industry perspectives. Efforts to improve gender diversity aim to enrich the industry, with initiatives like the Mabel Addis Women in Games Month promoting female representation.
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India’s gaming industry powers up
Economic Times
·
1y ago
Medial
India is the world's largest gaming market, with 568 million gamers and over 9.5 billion gaming app downloads in 2023. Mobile gaming dominates the market, contributing to 90% of the industry. The introduction of vernacular languages and Indian themes has expanded the user base to non-English speakers. Approximately 40% of Indian gamers are women, showing a preference for casual and hypercasual gaming. Around 20% of gamers are paying users, with in-app purchases expected to grow at a rate of 35% CAGR.
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Women fund managers struggle to see their tribe grow. Can fund houses help?
Money Control
·
1y ago
Medial
The number of women fund managers in the Indian Mutual Funds industry has remained constant at 42, which is less than 10% of the total fund managers. This is primarily due to the limited talent pool of women in the industry, as brokerage houses, where many fund managers start, have traditionally been male-dominated. Additionally, by the time women reach the qualifying stage for fund management, they often reach marriageable age and may prioritize family responsibilities. However, fund houses acknowledge the value and diversity women bring to the industry and are actively working towards increasing their representation through initiatives like hiring women as management trainees and providing support during maternity breaks.
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Annual in-app gaming purchases hit $250 mn
Livemint
·
1y ago
Medial
Indian mobile gamers are expected to spend around $3.75 billion in 2023 on in-app purchases, surpassing the combined revenues of over-the-top (OTT) streaming platforms from their entire subscriber base in India. Out of around 400 million mobile gamers in India, one-fourth are serious gamers, indicating the potential for further growth in the country's gaming industry. The gaming sector in India is mobile-driven, and gamers are willing to make in-app purchases, driving the growth of the industry. The pandemic has contributed significantly to the recruitment of new gamers in India, with around 45% of the population starting to play games during this period.
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Over 45% of serious gamers in India earn above Rs 6 lakh a year
Economic Times
·
1y ago
Medial
The esports industry in India is experiencing significant growth, with 45% of serious gamers earning between Rs 6 lakh and 12 lakh per annum, according to a report by PC and printer manufacturer HP. The report also highlights the increasing popularity of gaming as a career choice, with sponsorships and esports tournaments providing income opportunities. Non-metro cities have witnessed a surge in serious gamers, and gaming is inclusive, with 58% of women being identified as serious gamers. However, awareness of gaming courses in India remains low, with most gamers relying on YouTube and peers for skill enhancement.
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International Women's Day 2024: How Kinara Capital is empowering women in MSMEs
Livemint
·
1y ago
Medial
Hardika Shah, CEO of Kinara Capital, believes that there is a need for women-oriented loan products in the Micro, Small and Medium Enterprises (MSME) sector in India, where women ownership stands at almost 20%. Kinara Capital, an NBFC, is contributing to the growth of women-owned MSMEs by providing unsecured business loans. Their HerVikas program has disbursed over ₹700 crore in discounted collateral-free loans, leading to job creation and income generation. Shah advocates for unsecured loans to ensure financial inclusion for women entrepreneurs. Kinara Capital also focuses on challenging the male-dominated fintech industry and promoting gender inclusivity within their company.
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The women in AI making a difference
TechCrunch
·
1y ago
Medial
TechCrunch is launching a series of profiles on remarkable women who have made significant contributions to the field of artificial intelligence (AI). The goal is to shine a spotlight on these women and highlight their work which often goes unrecognized. The article acknowledges the gender gap in AI and how it is widening rather than narrowing. Reasons for the disparity include judgment from male peers, discrimination, and unequal opportunities. The lack of women in the AI field is detrimental as women are more likely to consider societal and ethical implications in their work. The article calls for stronger mentorship, commitment, and leading by example to drive change in the industry.
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Apple accused in lawsuit of underpaying female workers in California
Economic Times
·
1y ago
Medial
Tech giant Apple is facing a proposed class action lawsuit alleging that it systematically underpays female employees in California compared to their male counterparts in similar roles. The lawsuit, filed in state court in San Francisco, claims that Apple bases starting pay on previous salaries or salary expectations, resulting in lower pay rates for women. It also alleges that Apple's performance evaluation system is biased against women. Apple has yet to respond to the lawsuit.
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India's online gaming sector may cross $9 billion by 2029: Report
Economic Times
·
4m ago
Medial
India's online gaming sector is projected to grow from $3.7 billion in 2024 to $9.1 billion by 2029, primarily driven by real money games, which dominate the market. With 591 million gamers and numerous gaming companies, India is poised to become a global gaming powerhouse. The sector has attracted significant foreign investment, with real money gaming accounting for a major share. The burgeoning industry is expected to unlock substantial investor value and create numerous jobs.
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Semi-urban, rural women account for 60% of women borrowers in India: Report
YourStory
·
5m ago
Medial
A report by TransUnion CIBIL, NITI Aayog, and MicroSave Consulting reveals that 60% of Indian women borrowers are from semi-urban and rural areas. They dominate credit in agriculture, business, and gold loans. Southern states lead women's credit participation, with retail credit for women growing significantly since 2019. Despite progress, challenges like collateral requirements and gender biases persist, limiting many women’s access to credit. Government schemes have improved access but barriers remain.
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Women Aren’t Getting the Big Jobs at Goldman Sachs, and They’re Heading for the Exits
Livemint
·
1y ago
Medial
Goldman Sachs CEO David Solomon will host a dinner with women partners, facing questions on why a significant number of women have left or lost their partner titles at the firm. Roughly two-thirds of women partners at the end of 2018 are no longer part of the firm, compared to just under half of male partners. No woman currently holds a major division leadership position or is seen as a potential successor to Solomon. The issue of diversity at senior levels will be discussed at the dinner, but previous similar gatherings have yielded little results.
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