The Enforcement Directorate (ED) has reportedly arrested the three co-founders of Gameskraft in connection with an alleged money laundering investigation linked to the company’s online gaming operations.
According to a CNBC-TV18 report citing official sources, the arrested founders include Deepak Singh, Prithvi Raj Singh, and Vikas Taneja. The action has reportedly been taken under the provisions of the Prevention of Money Laundering Act (PMLA).
The report stated that the ED carried out searches across multiple locations in Delhi-NCR and Karnataka as part of its ongoing probe into alleged financial irregularities associated with the company’s real-money gaming platforms.
The investigation is linked to allegations involving unlawful gains and cheating through online gaming applications operated by Gameskraft, including RummyCulture and RummyTime. Reports further suggested that the agency had earlier frozen approximately ₹18.57 crore held in escrow accounts connected to the case.
Founded in 2017, Gameskraft operates skill based gaming platforms focused primarily on rummy and casual online games. The Bengaluru based company has been among the more visible players in India’s rapidly expanding online gaming ecosystem.
The arrests come amid growing regulatory and enforcement scrutiny of India’s online gaming sector. Over the past two years, multiple gaming and betting related platforms have faced investigations related to alleged violations involving money laundering, GST liabilities, and foreign exchange regulations.
The online gaming industry has also remained at the center of broader debates around the distinction between games of skill and games of chance, particularly in relation to taxation and compliance frameworks.
At the time of publishing, Gameskraft had not issued a detailed public statement regarding the arrests or the ongoing investigation.
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