India, Jan. 22 -- The Karnataka High Court has stayed the Enforcement Directorate (ED) investigation against real money gaming (RMG) startup Gameskraft following a plea filed by the company yesterday.

The plea, which sought to quash the money laundering investigation, was jointly filed by Gameskraft and Nirdesa Networks, the parent company of online poker platform Pocket52, which is also being investigated by the ED as part of its crackdown against RMG.

Gameskraft argued that the basis of the investigation against it was a single FIR filed in Bengaluru. It further claimed that the case was closed in July due to lack of incriminating evidence which, as per the company's counsel, should have led to the closure of ED's investigation.

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