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Tag: Cricket Gangsta™

  • Capri Global Capital receives corporate agency license from IRDAI

    Capri Global Capital receives corporate agency license from IRDAI

    Mumbai: Capri Global Capital Limited (CGCL) has received a Composite Corporate Agency license from the Insurance Regulatory and Development Authority of India (IRDAI) to distribute life, general, and health insurance products. This will help CGCL further diversify its product offerings and strengthen its fee income.

    CGCL aims to leverage its robust branch network in north and west India to cross-sell insurance products. CGCL shall offer tailored insurance solutions to its borrower clients giving them an option to cover themselves comprehensively against life and non-life risks.  

    CGCL offers retail loans in MSME, affordable housing, and gold loan segments. The company mainly lends to borrowers in the self-employed non-professional category. CGCLs consolidated AUM stood at Rs123.6 bn (59 per cent YoY) as of September 2023. The non-interest income for half-year ended Sep23 was Rs1, 607mn (58 per cent YoY).

    Speaking on the occasion, CGCL MD & CEO Rajesh Sharma stated, CGCLs active client base increased 5x YoY to 270 K as of September 2023.The rapidly increasing client relationships offers CGCL a captive base to improve insurance penetration and contribute to the Insuring India by 2047 mission. This will also help CGCL strengthen its fee income and deliver better returns to its stakeholders. The company expects to generate a net fee income of Rs 200 mn from insurance cross-sell in FY25.

  • Creative Monkey Games wins Best Gaming Startup of the Year Award by FICCI

    Creative Monkey Games wins Best Gaming Startup of the Year Award by FICCI

    Mumbai: Creative Monkey Games, a leading mobile gaming platform, has been honoured with the prestigious ‘Best Gaming Startup of the Year’ Award at the FICCI-Bionic enabled – Future Innovation Reskilling Start-up Transformation (FIRST) 2023 Summit and Awards. This recognition underscores Creative Monkey Games’ exceptional contributions to the gaming industry and its commitment to providing immersive and innovative gaming experiences.

    The FICCI-FIRST Summit and Awards, held in Chennai, celebrated Creative Monkey Games for its remarkable journey in the world of mobile gaming. The Company has gained worldwide acclaim, boasting over 40 million downloads globally and a diverse collection of more than 50 games.

    Creative Monkey Games CEO, co-founder & technology entrepreneur Deepak Aravind, expressed his excitement about receiving the award, stating, “This recognition by FICCI is a testament to the hard work and dedication of our entire team at Creative Monkey Games. Kavitha and Me founded this Company with a vision to offer the best mobile gaming experiences globally, and I am thrilled to see that vision come to life. We are committed to pushing the boundaries of mobile gaming with innovative ideas and captivating content.”

    Creative Monkey Games has emerged as a frontrunner in the cricket gaming category, with titles such as World Cricket Battle 2 and Cricket Gangsta™ gaining immense popularity among players worldwide. These games offer fun-filled gameplay, cutting-edge graphics, intuitive controls, and dynamic features that redefine the mobile gaming experience. Furthermore, Creative Monkey Games is set to revolutionise the e-Sports industry by introducing Gully Cricket, a move that is expected to elevate the gaming industry to new heights.

    Creative Monkey Games operates on a Freemium model, allowing users to download games for free from both the App Store and Google Play Store. The company generates revenue through in-app purchases, subscriptions and advertisements, making it accessible to a wide range of gamers.