JUNEASIA BUSINESS OUTLOOK9The International Energy Agency's president projected on Wednesday that India will soon overtake China as the world's largest oil demand driver.According to the Paris-based energy agency's outlook study, Asia will account for around three-quarters of the increase in demand from 2022 to 2028, with India overtaking China as the primary source of growth by 2027."One of the reasons why we say this is that electrification of cars and buses in China is growing rapidly," Birol told reporters on the sidelines of a G20 meeting in New Delhi."I sincerely hope that India will move closer to electrification."Birol also stated that, given India's huge renewable energy resources, the country should seize the opportunity to become a superpower in green hydrogen business. HighXP, a casual gaming firm based in India that creates social games, has acquired $2.2 million in seed funding.HighXP stated in a statement on Wednesday that the fundraising was spearheaded by 3one4 Capital, with participation from Prime Venture Partners and Gemba Capital.Several notable angel investors, including Rahul Bhardwaj (Co-Founder and Chief Operating Officer of Junglee Games, Owl Capital), Anuj Tandon (Gaming Investor and Chief Executive Officer of Jetsynthesys), and Giri Patil (Vice President of Propertyfinder), participated in HighXP, according to the statement.HighXP stated that the investment will be critical in speeding the growth of the company's debut game, Doodle Me, which is available for free on the Google Play and Apple App Stores, as well as assisting the studio in developing further games.The business stated that it will use the extra funds to hire new employees and expand its staff across all areas.HighXP is a casual gaming firm founded by Shankara Seethappa and Raghu Sankar that creates enjoyable and engaging social-casual games for a global audience.The creators have been instrumental in the creation and development of over 20 games at well-known companies such as Zynga, Big Viking Games, and Microsoft.HighXP intends to use their skills to create exciting social-casual games that will appeal to a global audience. INDIA OVERTAKES CHINA AS BIGGEST OIL CONSUMERINDIAN GAMING FIRM HIGHXP RAISES $2.2 MILLION IN SEED ROUNDNEWSROOMJUNEASIA BUSINESS OUTLOOK9
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