Latest news with #Unity
Time of India
7 hours ago
- Entertainment
- Time of India
Talent winning out at Indian gaming companies as focus shifts to high-end titles
As Indian gaming studios double down on building ambitious, homegrown IPs—with bigger budgets, slicker visuals, and more intricate gameplay—the race for specialised talent is heating up. India's gaming industry is estimated to have 50,000–60,000 open roles across various experience levels, according to staffing firm TeamLease Digital. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads As Indian gaming studios increasingly develop advanced intellectual properties with large budgets, strong visual design and complex gameplay mechanics, the demand for specialised talent is rising sharply. According to staffing firm TeamLease Digital, India's gaming industry has 50,000-60,000 open positions across fresher and experienced such as experienced gameplay engineers, backend developers, principal animators, 3D artists and environment designers are in demand, according to industry executives and studio industry now employs around 130,000 people, compared with 50,000 in 2022.'The Indian gaming industry is hiring a combination of technical and creative skill sets,' said TeamLease Digital chief executive Neeti roles in demand include game developers (especially with skills in Unity or Unreal platforms), backend engineers for multiplayer games, 3D artists, animators and game gaming startup LightFury Games, which has a team of around 80, is hiring for roles across animation, game art, backend infrastructure and gameplay engineering, said cofounder Anurag Banerjee.'We need to hire another 30-40 people at least… What we look for is talent that we can nurture and train to that degree that they can now start building AAA titles ,' Banerjee told gaming parlance, an AAA rating refers to a classification given to big-budget, high-profile video games developed and published by major studios. It is not an official rating, but an industry term. AAA games often have tens or hundreds of millions of dollars in development year, the studio raised $8.5 million from Blume Ventures, Mixi and Gemba Capital, with Cred founder Kunal Shah and Unacademy CEO Gaurav Munjal also participating in the funding. It recently unveiled its first title, E-Cricket, a big-budget 'AAA' game being developed in collaboration with Amazon Web Services (AWS), slated for launch in SuperGaming, currently expanding its team for its flagship Indus Battle Royale game, said while developers can earn through casual games like Teen Patti or Ludo, the challenge lies in finding talent motivated to build high-quality, technically complex titles.'A good gaming studio takes 10 years to be successful and to make a video game great, you have to assemble 20 different kinds of teams including engineering, narrators, art, music, servers, marketing. It is a task of complex coordination, and you can do it only with experience,' said founder and CEO Roby company has hired over 25 professionals who previously worked at global studios like Ubisoft, indicating a trend of reverse brain drain , where experienced talent is returning to India to build homegrown address local talent gaps, SuperGaming has also tapped into global hiring. The company employs full-time international staffers through its Singapore-based entity, SuperGaming Pte Ltd, said approach contrasts with other studios that often rely on freelance talent to fill immediate too, has focused on bringing back experienced Indian professionals who've worked on global AAA titles, and is also hiring internationally for some niche roles, said cofounder Tina shift is being driven by multiple forces including rising investor interest in gaming startups, the emergence of high-end mobile-first formats, and easier access to global development tools and cloud growing optimism, scaling a game studio remains a long and capital-intensive top-tier talent, especially professionals with experience in console or PC gaming, continues to be a major casual games, building mid-core or AAA titles typically demands years of sustained investment before any meaningful returns are realised.'A lot of the talent that (in India) is experienced in casual games, and in simulation-based games. Also, there's product and live operations talent available for mobile games,' said Anuj Tandon, partner at Bitkraft Ventures. 'But what's largely missing from India is the experience in certain genres, game designers and very specific technical talent. There's a lot of young, fresh talent, but the experience level is missing.'At the same time, artificial intelligence is starting to play a key role in reducing development timelines and production costs. Studios are beginning to integrate AI tools to create smarter non-player characters (NPCs), generate realistic and dynamic game environments, personalise gameplay, enhance graphics and visual effects, and streamline overall development processes.'If you're not using AI, you're living under a rock. It has impacted game development timelines and efficiency. Has it replaced people? Absolutely not. But it has made people more efficient, and studios are adopting it in smarter, more cost-effective ways,' said Tandon of Bitkraft Ventures. 'Three to five years down the line, when AI is mainstream and we have a stronger talent pool and core skills, it's going to be very transformative for emerging markets like India.'However, studios caution that while AI enhances efficiency, the quality of a game still hinges on the creativity and collaboration of skilled to Avichal Singh, cofounder of Nodding Heads Games, AI is just another tool in a developer's toolkit and the core principles of what makes a great game remain unchanged.'It can help you get there faster, or even help you check for your idea, whether it's valid or not, faster. But beyond that, you will still need those skill sets, which are required to make video games,' he said.
Economic Times
7 hours ago
- Entertainment
- Economic Times
Talent winning out at Indian gaming companies as focus shifts to high-end titles
ETtech As Indian gaming studios increasingly develop advanced intellectual properties with large budgets, strong visual design and complex gameplay mechanics, the demand for specialised talent is rising sharply. According to staffing firm TeamLease Digital, India's gaming industry has 50,000-60,000 open positions across fresher and experienced such as experienced gameplay engineers, backend developers, principal animators, 3D artists and environment designers are in demand, according to industry executives and studio founders. The industry now employs around 130,000 people, compared with 50,000 in 2022. 'The Indian gaming industry is hiring a combination of technical and creative skill sets,' said TeamLease Digital chief executive Neeti Sharma. Key roles in demand include game developers (especially with skills in Unity or Unreal platforms), backend engineers for multiplayer games, 3D artists, animators and game designers. Bengaluru-based gaming startup LightFury Games, which has a team of around 80, is hiring for roles across animation, game art, backend infrastructure and gameplay engineering, said cofounder Anurag Banerjee. 'We need to hire another 30-40 people at least… What we look for is talent that we can nurture and train to that degree that they can now start building AAA titles,' Banerjee told ET. In gaming parlance, an AAA rating refers to a classification given to big-budget, high-profile video games developed and published by major studios. It is not an official rating, but an industry term. AAA games often have tens or hundreds of millions of dollars in development year, the studio raised $8.5 million from Blume Ventures, Mixi and Gemba Capital, with Cred founder Kunal Shah and Unacademy CEO Gaurav Munjal also participating in the funding. It recently unveiled its first title, E-Cricket, a big-budget 'AAA' game being developed in collaboration with Amazon Web Services (AWS), slated for launch in SuperGaming, currently expanding its team for its flagship Indus Battle Royale game, said while developers can earn through casual games like Teen Patti or Ludo, the challenge lies in finding talent motivated to build high-quality, technically complex titles.'A good gaming studio takes 10 years to be successful and to make a video game great, you have to assemble 20 different kinds of teams including engineering, narrators, art, music, servers, marketing. It is a task of complex coordination, and you can do it only with experience,' said founder and CEO Roby John. The company has hired over 25 professionals who previously worked at global studios like Ubisoft, indicating a trend of reverse brain drain, where experienced talent is returning to India to build homegrown IPs. To address local talent gaps, SuperGaming has also tapped into global hiring. The company employs full-time international staffers through its Singapore-based entity, SuperGaming Pte Ltd, said approach contrasts with other studios that often rely on freelance talent to fill immediate too, has focused on bringing back experienced Indian professionals who've worked on global AAA titles, and is also hiring internationally for some niche roles, said cofounder Tina shift is being driven by multiple forces including rising investor interest in gaming startups, the emergence of high-end mobile-first formats, and easier access to global development tools and cloud infrastructure. Long road Despite growing optimism, scaling a game studio remains a long and capital-intensive top-tier talent, especially professionals with experience in console or PC gaming, continues to be a major casual games, building mid-core or AAA titles typically demands years of sustained investment before any meaningful returns are realised.'A lot of the talent that (in India) is experienced in casual games, and in simulation-based games. Also, there's product and live operations talent available for mobile games,' said Anuj Tandon, partner at Bitkraft Ventures. 'But what's largely missing from India is the experience in certain genres, game designers and very specific technical talent. There's a lot of young, fresh talent, but the experience level is missing.' AI's growing role At the same time, artificial intelligence is starting to play a key role in reducing development timelines and production costs. Studios are beginning to integrate AI tools to create smarter non-player characters (NPCs), generate realistic and dynamic game environments, personalise gameplay, enhance graphics and visual effects, and streamline overall development processes. 'If you're not using AI, you're living under a rock. It has impacted game development timelines and efficiency. Has it replaced people? Absolutely not. But it has made people more efficient, and studios are adopting it in smarter, more cost-effective ways,' said Tandon of Bitkraft Ventures. 'Three to five years down the line, when AI is mainstream and we have a stronger talent pool and core skills, it's going to be very transformative for emerging markets like India.' However, studios caution that while AI enhances efficiency, the quality of a game still hinges on the creativity and collaboration of skilled to Avichal Singh, cofounder of Nodding Heads Games, AI is just another tool in a developer's toolkit and the core principles of what makes a great game remain unchanged.'It can help you get there faster, or even help you check for your idea, whether it's valid or not, faster. But beyond that, you will still need those skill sets, which are required to make video games,' he said. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Apple has a new Indian-American COO. What it needs might be a new CEO. Central banks existential crisis — between alchemy and algorithm What if Tata Motors buys Iveco's truck unit? Will it propel or drag like JLR? Paid less than plumbers? The real story of freshers' salaries at Infy, TCS. 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Yahoo
14 hours ago
- Business
- Yahoo
These Growth Stocks Are Down 36% to 86% From Their All-Time Highs. Is It Time to Buy Them?
Key Points Reddit's investments in AI and proprietary data could help the company deliver strong growth for years to come. Unity Software is a fallen growth stock with a promising turnaround strategy. 10 stocks we like better than Reddit › Reddit (NYSE: RDDT) and Unity Software (NYSE: U) are two former high-flying growth stocks that are trading well off their previous peaks. Sometimes stocks fall for good reasons, but at other times, a discounted share price can be a great buying opportunity. Let's look at why these stocks fell, how the underlying businesses are performing, and whether they can recover their former glory. 1. Reddit Reddit has reported strong revenue growth since completing its initial public offering (IPO) last year. But the stock has fallen from its recent highs over concerns about the potential for a slowing ad market and competition in the digital advertising market. The recent sell-off is a good buying opportunity, as Wall Street still underestimates the power of Reddit's highly engaged user base. Despite uncertainty with the ad market and Wall Street's concerns over competition, Reddit reported robust revenue growth in the first quarter. Daily active unique users grew 31% year over year to 108 million, while ad revenue surged 61% to $359 million. In June, Reddit announced new ad tools that promise to drive more advertising demand. These new tools are powered by artificial intelligence (AI) and will provide marketers real-time insights into discussions happening on Reddit. Reddit is also bringing AI features to its users. Reddit Answers reached 1 million weekly users in Q1. It's basically a ChatGPT-style chatbot that pulls answers from all the discussions happening on Reddit's platform. Reddit is growing much faster than other social media companies like Pinterest, Meta Platforms, Snap, and even Google's search business. It has a lot of valuable data on its platform, which it's monetizing by licensing it to other AI companies for use in training their models. While the stock has already rebounded about 50% from its recent lows, it's still trading 36% off its all-time high. Analysts are expecting the company to report year-over-year revenue growth of 51% for Q2, according to Yahoo! Finance. Another strong quarter could push the stock higher, but regardless of where the stock trades in the near term, Reddit appears on track to grow into a more valuable business down the road. Its AI investments and data are underappreciated by Wall Street, making the stock worth holding for the long term. 2. Unity Software Unity is one of the most widely used game engines that developers use for making video games. It offers a suite of tools to make games for all the major platforms (mobile, PC, and console). It was a fast-growing business through 2023, regularly reporting more than 20% quarterly revenue growth. But the combination of an expensive valuation amid falling revenue has weighed on the share price the past few years. The stock is down 86% from its previous highs. CEO Matthew Bromberg stepped in last year to turn the business around. Management is exiting non-essential products and services and returning Unity's business to focus on high-growth and high-margin revenue opportunities. Investors looking at Unity's recent financial results won't see much to like. Its "portfolio reset" was responsible for the 6% year-over-year decrease in revenue last quarter. However, Bromberg's strategy could get the business back on track and unlock Unity's full potential, which isn't reflected in the stock's valuation. Unity just completed the migration of its advertising business to its new, AI-powered platform, Unity Vector. This will allow Unity to provide deeper insights in order to deliver better advertising results for its customers. Management indicated that this won't be fully reflected in its Q2 revenue, but Vector puts the company's Grow Solutions segment, which made up two-thirds of the business last quarter, on course to deliver strong growth over the long term. The other part of Unity's business is its Create Solutions segment, which posted an 8% year-over-year decline in revenue last quarter. This includes revenue from the tools Unity sells to game developers. It is planning three important updates to its Unity 6 software this year. One of these updates includes AI features that will help developers build games faster. This could be a significant demand driver for Unity's software. While the company's financials look like a mess, the stock could move higher over the next year as the company returns to profitable growth. Analysts expect revenue to decline 2% for 2025 before growing 9% next year to $1.9 billion. By 2029, analysts expect Unity's focus on investing in more profitable opportunities to grow adjusted earnings per share to $2.34. The stock is currently trading at just 13 times 2029 estimates, which is cheap. This growth stock could trade over 20 times earnings, potentially doubling the share price in the next four years. Should you invest $1,000 in Reddit right now? Before you buy stock in Reddit, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Reddit wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, Pinterest, and Unity Software. The Motley Fool has a disclosure policy. These Growth Stocks Are Down 36% to 86% From Their All-Time Highs. Is It Time to Buy Them? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
2 days ago
- Politics
- The Sun
Over 100 ministers and MPs join Ukhuwah Madani programme in Port Dickson
PORT DICKSON: Over 100 Unity government leaders, including Cabinet ministers and Members of Parliament, took part in a community gotong-royong today as part of the MADANI Government Ukhuwah Leadership programme. The event, held in the district, aimed to strengthen ties between leaders and the public in a relaxed and inclusive setting. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi and Communications Minister Datuk Fahmi Fadzil were among the leaders who arrived at Kampung Sawah early in the morning. They were briefed by the village head before engaging in the Sejahtera Komuniti MADANI event. Other notable attendees included Health Minister Datuk Seri Dr Dzulkefly Ahmad, Women, Family and Community Development Minister Datuk Seri Nancy Shukri, and Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali. Later, Home Minister Datuk Seri Saifuddin Nasution Ismail, Works Minister Datuk Seri Alexander Nanta Linggi, and Human Resources Minister Steven Sim joined the programme at Kampung Teluk Pelandok Fishermen's Jetty. They participated in painting activities and interacted with residents. Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun also attended, spending nearly 30 minutes at the jetty. Saifuddin described the programme as a meaningful way to connect with the community and understand their economic potential. The event also featured free distribution of 3,000 fresh chickens to residents, Rahmah sales booths, and a kenduri rakyat. A group of 37 MPs later visited the Army Basic Training Centre (PUSASDA) mosque for a painting activity, joined by Deputy Prime Minister Datuk Seri Fadillah Yusof and Selangor Menteri Besar Datuk Seri Amirudin Shari. Prime Minister Datuk Seri Anwar Ibrahim and Cabinet members also attended the kenduri rakyat at Dataran Kampung Pachitan later today, concluding the programme. - Bernama
Barnama
2 days ago
- Business
- Barnama
Over 100 Ministers And MPs Take Part In Ukhuwah MADANI Programme In Port Dickson
PORT DICKSON, July 20 (Bernama) -- Over 100 Unity government leaders, including Cabinet ministers and Members of Parliament, took part in a community gotong-royong this morning as part of the MADANI Government Ukhuwah (brotherhood) Leadership programme in the district. The initiative, led by Prime Minister Datuk Seri Anwar Ibrahim's MADANI administration, aims to foster closer ties between leaders and the people in a relaxed, inclusive setting rooted in shared values and solidarity. It also seeks to normalise the practice of leaders engaging directly with the public, creating a continuous culture of ground engagement and offering citizens a platform to voice their needs, concerns and ideas. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi and Communications Minister Datuk Fahmi Fadzil, along with several Cabinet members and MADANI MPs, arrived at Kampung Sawah at 8.45 am and were briefed by the village head before spending about 25 minutes at the site of the Sejahtera Komuniti MADANI event. The delegation comprised Health Minister Datuk Seri Dr Dzulkefly Ahmad; Women, Family and Community Development Minister Datuk Seri Nancy Shukri; Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali, and Deputy Entrepreneur Development and Cooperatives Minister Datuk Seri R. Ramanan. They were later joined by Home Minister Datuk Seri Saifuddin Nasution Ismail; Works Minister Datuk Seri Alexander Nanta Linggi; Human Resources Minister Steven Sim, and several other Cabinet members, who arrived at 8.30 am at the Kampung Teluk Pelandok Fishermen's Jetty to take part in a jetty painting activity and engage with residents. Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun was also present to show support, spending nearly 30 minutes at the jetty with the leaders and community members. Saifuddin described the programme as a meaningful experience that allowed him to connect with residents, gain insights into their daily activities and explore the area's economic potential. 'This programme allows us to engage directly with the local community. We got to know some of their products, such as homestays. With this kind of approach, it becomes clear that MADANI is not just about developing the nation, but also the individual,' he told reporters.
