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Nazara Technologies’ arm through subsidiary acquires 51% stake in Branded

06 Apr 2023 Evaluate

Nazara Technologies’ material subsidiary -- Nodwin Gaming through its wholly owned subsidiary ‘Nodwin International Pte’ has acquired a 51% stake in the Singapore-based full-service live media company Branded Pte (branded.live).

As part of the acquisition, NODWIN Gaming will acquire all existing event IPs of Branded including ‘All That Matters’, ‘It’s a Girl Thing’ and ‘CreatorWorld’. It will also onboard a capable international team led by an industry veteran in Jasper Donat that will focus on growing international sponsorship revenue for all of NODWIN Gaming’s IPs both in India and globally.

Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.

Peers
Company Name CMP
TCS 2496.00
Infosys 1182.00
HCL Technologies 1428.00
Wipro 198.00
Tech Mahindra 1792.20
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