Indian diversified gaming and sports media<\/a> platform Nazara Technologies<\/a> has acquired 100% stake in Hyderabad-based skill gaming company OpenPlay<\/a> for Rs 186.4 crore. OpenPlay运作下连续消费游戏平台的经典游戏品牌主机基于技能的游戏。公司目前拥有一个博彩收入总值年运行80卢比和操作从积极的营业利润率,Nazara说。 印度多元化的游戏和体育媒体平台Nazara技术收购了100%的股份位于技能游戏公司吗OpenPlay186.4卢比。
OpenPlay operates a multi-game consumer gaming platform<\/a> under the ‘Classic Games’ brand that hosts skill based games.
The company currently has an annualised gross gaming revenue run rate of Rs 80 crore and is operating on EBIDTA positive margins, Nazara<\/a> said.
With its recent launch of influencers’ hosted skill gaming tournaments, the company is poised to grow its user base at a rapid pace in coming quarters.
OpenPlay is led by Sreeram Reddy Vanga, a serial entrepreneur in the global online gaming industry. In his previous avatar, he founded and led CozyGames to become the second largest Bingo network in the UK before being acquired.
“The OpenPlay acquisition offers an opportunity for Nazara to build a network of skill gaming destinations operating on one common tech platform under the proven leadership of Sreeram and his team at OpenPlay,” said Manish Agarwal, CEO, Nazara. “Sreeram is a successful entrepreneur globally in online real money gaming and we are excited that he will be leading Nazara’s growth in this sector.”
Sreeram was also part of the early team at PartyGaming, which came out with its IPO on London Stock Exchange in 2005.
“I’m excited to join the ‘Friends of Nazara Network’ and look forward to working closely with Nazara leadership and the Network to build India’s largest vernacular social gaming and entertainment platform,” Vanga said. “Our technology complemented by Nazara’s positioning in the gaming industry in India is the perfect combination for this endeavour.”
The “Friends of Nazara” network comprises established gaming companies in which Nazara holds majority stakes and works actively with existing founders and management teams to rapidly achieve scale. These companies include Nodwin Gaming<\/a> and Sportskeeda in Esports, Next Wave Multimedia, developer of World Cricket Championship (WCC), the largest mobile-based cricket simulation game and Paper Boat Apps, developers of popular gamified early learning app Kiddopia.
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Nazara获得技能游戏平台OpenPlay 186.4卢比
OpenPlay连续多消费游戏平台“经典游戏”品牌下基于技能的游戏。
公司目前拥有一个博彩收入总值年运行80卢比和操作从积极的营业利润率,Nazara说。
最近推出的有影响力的主持技巧游戏比赛,该公司正准备快速增长其用户群在未来几个季度。
OpenPlay由Sreeram Reddy她,企业家在全球网络游戏产业。他在之前的《阿凡达》,CozyGames创建并领导,成为全球第二大宾果网络在英国被收购之前。
Sreeram也早在PartyGaming的团队的一部分,推出了其2005年在伦敦证券交易所上市。
“我很高兴加入Nazara网络的朋友,期待与Nazara领导和网络密切合作建立印度最大的方言社交游戏和娱乐平台,”她说。“我们的技术辅以Nazara在游戏产业的定位在印度是这个“奋进号”的完美结合。”
Nazara的“朋友”网络包括建立Nazara博彩公司持有多数股权,与现有的创始人和管理团队积极迅速实现规模。这些公司包括Nodwin游戏和Sportskeeda在意大利,下一波多媒体,开发者的世界板球锦标赛(WCC),最大的手机板模拟游戏和纸船应用,开发者的流行gamified Kiddopia早期学习应用。
Indian diversified gaming and sports media<\/a> platform Nazara Technologies<\/a> has acquired 100% stake in Hyderabad-based skill gaming company OpenPlay<\/a> for Rs 186.4 crore.
OpenPlay operates a multi-game consumer gaming platform<\/a> under the ‘Classic Games’ brand that hosts skill based games.
The company currently has an annualised gross gaming revenue run rate of Rs 80 crore and is operating on EBIDTA positive margins, Nazara<\/a> said.
With its recent launch of influencers’ hosted skill gaming tournaments, the company is poised to grow its user base at a rapid pace in coming quarters.
OpenPlay is led by Sreeram Reddy Vanga, a serial entrepreneur in the global online gaming industry. In his previous avatar, he founded and led CozyGames to become the second largest Bingo network in the UK before being acquired.
“The OpenPlay acquisition offers an opportunity for Nazara to build a network of skill gaming destinations operating on one common tech platform under the proven leadership of Sreeram and his team at OpenPlay,” said Manish Agarwal, CEO, Nazara. “Sreeram is a successful entrepreneur globally in online real money gaming and we are excited that he will be leading Nazara’s growth in this sector.”
Sreeram was also part of the early team at PartyGaming, which came out with its IPO on London Stock Exchange in 2005.
“I’m excited to join the ‘Friends of Nazara Network’ and look forward to working closely with Nazara leadership and the Network to build India’s largest vernacular social gaming and entertainment platform,” Vanga said. “Our technology complemented by Nazara’s positioning in the gaming industry in India is the perfect combination for this endeavour.”
The “Friends of Nazara” network comprises established gaming companies in which Nazara holds majority stakes and works actively with existing founders and management teams to rapidly achieve scale. These companies include Nodwin Gaming<\/a> and Sportskeeda in Esports, Next Wave Multimedia, developer of World Cricket Championship (WCC), the largest mobile-based cricket simulation game and Paper Boat Apps, developers of popular gamified early learning app Kiddopia.
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