Nodwin Gaming Acquires Comic Con India: Expanding Cultural Events and Market Position
Nodwin Gaming, a subsidiary of Nazara Technologies, has recently announced its acquisition of Comic Con India, purchasing 100% of the company’s shares for 55 crore rupees. This strategic move was made through a cash and stock deal, allowing Nodwin Gaming to broaden its portfolio of events and strengthen its position in the market.
Comic Con India, founded in 2011 by Jatina Varma and Karan Kalra, is known for organizing popular culture festivals targeted towards Indian youth. These festivals celebrate various aspects of popular culture, including comics, cosplay, movies, TV shows, merchandise, and games. They are held in cities such as New Delhi, Mumbai, Bengaluru, Hyderabad, and Chennai.
The integration of Comic Con India will enrich and diversify Nodwin Gaming’s offerings, catering to the youth in India. By combining gaming, popular culture, and esports in an interactive entertainment sector, Nodwin Gaming brings scalable intellectual property that has the potential to thrive in both the Indian and international markets, as stated by Akshat Rathee, co-founder of Nodwin Gaming.
With the acquisition, Nodwin Gaming plans to expand the number of festivals and reach a larger audience in India and other countries. Fans can look forward to even better events that celebrate the convergence of gaming, esports, comics, and popular culture.
Nodwin Gaming has ownership of numerous renowned tournaments, festivals, and conferences related to esports, gaming, music, comedy, and live experiences. It operates in South Asia, Singapore, the Middle East, and Turkey. Over the past year, the company has been actively expanding its presence in the Indian and international markets through a series of acquisitions and investments.
The acquisition of Comic Con India is another significant step towards the expansion of Nodwin Gaming and the reinforcement of its market position. This move will allow the company to attract an even larger fanbase of popular culture enthusiasts and host even more spectacular events in India and abroad.
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The source of the article is from the blog macnifico.pt