Policy · Enterprise Software & IT
Enforcement Directorate searches InMobi in Gameskraft money-laundering probe
By Startup Enthusiast ·
- Date
- Company
- InMobi
- What it does
- mobile advertising and consumer tech platform
- Kind
- Policy
- Amount
- ₹526.49 Cr
- Based in
- Mumbai
- Founded
- 2007
- Sector
- Enterprise Software & IT
What they do
InMobi was searched by the Enforcement Directorate as part of an investigation into Gameskraft Technologies' alleged use of bots in real-money rummy games
What happened
The ED alleges that Gameskraft used automated bot accounts to influence game outcomes and siphoned ₹1,154 crore from user losses
Why it matters
The ED has frozen assets worth ₹526.49 crore linked to the case, which involves multiple gaming platforms with nearly three crore users
The details
- The Enforcement Directorate (ED) conducted searches at InMobi Technology Services as part of an ongoing money-laundering investigation into Gameskraft Technologies.
- The ED alleges that Gameskraft used automated bot accounts on its real-money rummy platforms to influence game outcomes and siphon user losses.
- The investigation includes searches at InMobi, Nirdesa Network, and other entities linked to Gameskraft.
- The ED claims that bot accounts were used in live cash games, not just for software testing, and that they affected player outcomes.
- The agency has frozen assets worth ₹526.49 crore and alleges that Gameskraft operated platforms with nearly three crore users.
- The ED is examining backend systems, internal emails, and technical records to support its allegations of bot deployment and financial irregularities.
The bigger picture
- The ED is investigating potential money laundering linked to alleged cheating on real-money rummy platforms.
- The investigation is based on statements from Gameskraft employees and internal documentation.
- The ED claims that bot accounts were used to generate revenue from user losses and that this activity was tracked in backend systems.
About the business
- InMobi is a mobile advertising and consumer technology platform that connects brands and consumers through mobile and CTV surfaces.
- The company operates consumer brands like Glance and Roposo, which provide entertainment and shopping experiences on mobile devices.
- InMobi's advertising platform helps brands engage audiences and drive real connections across mobile and other digital screens.
The deal
- Type
- policy
Founders
- Rahul Sharma, Co-founder and former CEO
- Anand Chandrasekaran, Co-founder and former CTO
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