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Nazara Technologies’ arm to acquire Starladder for $5.5 million

31 Jan 2025 Evaluate

Nazara Technologies’ arm NODWIN Gaming, a company operates in youth entertainment, gaming and esports is acquiring Starladder, a leading esports IP and services company, in a deal valued at an initial consideration of $5.5 million (Rs 46.75 crore) and additional consideration is payable on meeting the earn-out targets. 

After the acquisition, Starladder will become a fully owned subsidiary of NODWIN Gaming Pte (Singapore) marking a significant step in expanding its AAA IP and event production portfolio worldwide. This will help the company to advance in top level PC esports worldwide and will also offer a curated data stack to media partners.

The acquisition of 100% of the share capital of Starladder will be a combination of secondary sale and stock swap of NODWIN Gaming Pte shares for an initial consideration of up to $5.5 million (Rs 46.75 crore). The initial consideration would be payable partly by way of Cash consideration up to $2 million (Rs 17 crore) and balance $3.5 million (Rs 29.75 crore) by way of swap of equity shares of NODWIN Gaming Pte. As part of this transaction, the founder of Starladder Roman Romanstov would become a shareholder of NODWIN Gaming Pte and continue to lead the business going forward.

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.



Nazara Technologies Share Price

270.10 -1.95 (-0.72%)
24-Apr-2026 16:59 View Price Chart
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