GamesKraft

Gaming startup Gameskraft has laid off over 400 employees, representing a significant majority of its workforce, which totaled around 600. This drastic reduction follows the Indian government's ban on real money gaming (RMG) enacted in August 2025, which forced a fundamental shift in the company's operating environment. The layoffs, part of a necessary organizational restructuring for business continuity, occurred in phases through 2025, with an initial 120 cuts in September. Gameskraft, known for platforms like RummyCulture and LudoCulture, is providing severance packages and assistance to the affected employees. This event is part of an industry-wide crisis, with other major gaming firms also conducting large-scale layoffs due to the regulatory ban.

Gameskraft, a gaming startup in India's media and entertainment industry, has laid off 120 employees due to the recent legislation banning real-money gaming, which forced the company to halt operations and restructure. This difficult decision, announced in early 2025, was driven by the external regulatory environment, leaving the company with no choice but to part ways with staff despite their talent and dedication. The layoffs add to the company's challenges, including a previous platform pause and significant tax disputes. Gameskraft is providing support such as extended health insurance until March 2026 and wellness services until May 2026 for affected employees. This move reflects a broader trend of layoffs and business pivots across the Indian online gaming sector following the new law.