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Zupee to Lay off 170 Employees Following Ban on Real Money Online Games

Written by: Team Angel OneUpdated on: 12 Sept 2025, 6:05 pm IST
Zupee will lay off 170 employees, about 30% of its workforce, after India’s ban on money-based online games under the new Online Gaming Bill 2025.
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As per news reports, Zupee announced on Thursday that it will lay off 170 employees, about 30% of its workforce. This follows the passage of India’s Online Gaming Bill, 2025, which bans online games involving monetary stakes.

Industry Impact

As per the news reports, Several other real-money gaming firms have also announced job cuts. Head Digital Works, which operates A23 Rummy, let go of nearly 500 employees, over two-thirds of its staff. Mobile Premier League is reducing its team by 60-80% of its 500-600 employees. Baazi Games cut more than 200 jobs, about 45% of its workforce. Games24x7 has also carried out layoffs.

Support Measures

Zupee said affected employees will be paid for the notice period and given additional financial support based on years of service. In some cases, this may extend up to six months. Health insurance coverage will remain valid for the full term even after employees exit.

The company has also set up a ₹1 crore medical support fund for departing staff. A team has been tasked with coordinating with industry stakeholders to help those affected find new roles. Employees who are leaving will get first preference for re-hiring when vacancies open.

Zupee’s Business Realignment

Founded in 2018, Zupee has 150 million registered users and is known for games like Ludo, Snakes and Ladders, and Carrom. Following the ban on money-based gaming, the company will focus on social games and entertainment.

It recently introduced Zupee Studio, offering short drama shows, and Zupee Plus, a paid subscription priced at ₹499 for three months that provides ad-free access to games and shows.

Read more: Online Gaming Act Challenges: Centre Moves Supreme Court!

Conclusion

The layoffs at Zupee showcase the broader impact of India’s ban on money-based online gaming. Companies across the sector are reducing staff while shifting focus to non-monetary products.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 12, 2025, 12:06 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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