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Nazara Technologies recently announced that it will give up majority control of Nodwin Gaming to focus more on its core gaming business.
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Nazara Technologies said the move to give up control of Nodwin Gaming is in line with its strategy to sharpen focus on core gaming IPs
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1312 Interactive plans to release 6–8 titles annually. The company has already announced three titles scheduled for launch in 2025.
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Freaks 4U Gaming's acquisition is expected to bolster Nodwin Gaming's capabilities in PC gaming and games publishing support services along with access to developed markets.
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With this acquisition, Nodwin Gaming has added key multi-language skills making it a cost competitive global delivery and production platform for gaming & esports, says Nazara
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Post this investment, Nodwin Gaming will get access to the Freaks 4U Gaming network across the developed markets, the PC ecosystem and its full-service capabilities.
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Nodwin Gaming plans to expand the number of festivals from Comic Con India and also extend its reach to more cities and countries.
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Nodwin Gaming parent Nazara Technologies is also losing another executive from its senior management with the resignation of telecom business head Chirag Shah.
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Nodwin Gaming has made a series of acquisitions and investments to expand its offerings in India and International markets in the past year or so.
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The tournament is expected to bring over 100 hours of premium esports content to consumers across Rooter and YouTube
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The funds will be deployed to grow the gaming and esports ecosystem by expanding newer IPs (intellectual property), growing the emerging market footprint and for strategic acquisitions that drive value to the network, Moneycontrol reported.
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Along with IP development and expansion in emerging markets, the company will use the funds to acquire more companies.
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Nodwin Gaming said these event IPs from Branded will help them expand its base across gender and geographies.
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Unlike other gaming markets where play is console- or PC-based, Indian users access live-streams mainly via their mobile devices - thanks to cheap data.
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The esports company is collaborating with non-endemic brands and creating new IPs. It also cracked a TV broadcast deal with Star.
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Nodwin Gaming said it will roll out a custom series of gaming headphones themed around popular Indian gaming and esports talents and influencers
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Nodwin will expand the offerings of Planet Superheroes by exploring partnerships with global publishers like Krafton, Gameloft, and Riot Games, to create locally relevant merchandise
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Nodwin Gaming, a subsidiary Nazara Technologies, has said the investment will help the 'massification' of entertainment-first gaming and esports content in the country
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With a surge in gaming and esports in India, brands have dialed up advertising to boost reach and popularise new offerings.
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Investors should view the business in the context of its addressable market size and long-term structural industry tailwinds. Watch this video to know why MC Pro is betting on the stock despite a run-up in the price.
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Rakesh Jhunjhunwala-backed Nazara Technologies ended FY21 on a strong note. The gaming company seems to have a high valuation based on historical parameters, but the company looks attractive both from a macro and micro perspective. Valuations are undeniably expensive, but investors should view the business in the context of its addressable market size and long term structural industry tailwinds. The business presents long-term investors (with at least 5 years’ time horizon) an attractive opportunity to invest in a company with strong prospects.
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Recent IPO listings have been quite disappointing for investors. However, the gaming company Nazara Technologies bucked the listing trend seen on exchanges in the past couple of weeks. So, what should investors do? Find out in this edition of Ideas For Profit
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Nodwin, an independent subsidiary of Nazara Technologies, has partnerships with global publishers and partners including ESL, Valve, Krafton, Tencent, Riot and Blizzard as well as content partnerships with broadcasters like MTV on linear TV, Disney+ Hotstar, Youtube and Airtel.
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E-sports have the potential to become a sizable part of the country's mainstream sporting culture given India's large youth population and rising internet penetration, according to a statement by the companies.
