The Entertainment Industry Expands as NODWIN Gaming Acquires Comic Con India
In a bold and dynamic move, NODWIN Gaming has recently acquired Comic Con India, further strengthening its presence in the entertainment industry. Known for its extensive involvement in the esports and gaming sector in South Asia, NODWIN Gaming’s acquisition of Comic Con India marks a significant step towards global growth and innovation.
The acquisition involves NODWIN Gaming obtaining 100 percent of Comic Con India’s shares at a valuation of ₹55 crore. This remarkable deal is being facilitated through a cash and share swap with the company’s founders, Jatin Varma and Karan Kalra. Notably, the managing team of Comic Con India will also become shareholders by exchanging their shares with NODWIN shares.
This strategic collaboration between NODWIN Gaming and Comic Con India brings together two powerful forces in the entertainment industry, creating a multitude of possibilities for both entities. With their shared vision of promoting and celebrating popular culture, this partnership is set to revolutionize the event landscape in India. The stage is now set for the development of innovative experiences that cater to the rapidly expanding fan base of gaming, comics, and pop culture.
Jatin Varma, the founder of Comic Con India, eagerly expressed his excitement about this collaboration, affirming their commitment to promoting and celebrating popular culture in India. Similarly, Karan Kalra, partner and director at Comic Con India, echoed Varma’s sentiments, highlighting the incredible opportunities that this strategic partnership will bring to pop culture enthusiasts all over the nation.
Akshat Rathee, co-founder and managing director of NODWIN Gaming, extended a warm welcome to the Comic Con India team as partners and shareholders. Rathee emphasized that this collaboration will propel their quest to engage and entertain millions of fans globally. By bringing together the expertise and resources of NODWIN Gaming and Comic Con India, the potential for creating unforgettable experiences in the entertainment industry is boundless.
Moreover, this acquisition aligns with NODWIN Gaming’s vision of providing a diverse platform for gaming enthusiasts, comic fans, and pop culture enthusiasts. Through the incorporation of Comic Con India into its existing portfolio, NODWIN Gaming is poised to redefine the industry by transcending geographical and cultural boundaries. This strategic move will open up new avenues for creativity and fan engagement, reshaping the entertainment landscape in refreshing and exciting ways.
FAQ
1. What is the recent acquisition made by NODWIN Gaming?
NODWIN Gaming has recently acquired Comic Con India, a company known for organizing pop cultural festivals in India.
2. What is the valuation of the acquisition deal?
The deal values Comic Con India at ₹55 crores.
3. How will the acquisition be carried out?
NODWIN Gaming will obtain 100 percent of Comic Con India’s shares through a cash and share swap with the company’s founders. The managing team of Comic Con India will also become shareholders by exchanging shares with NODWIN shares.
4. What are the benefits of this acquisition?
The acquisition brings together NODWIN Gaming’s presence in the gaming industry and Comic Con India’s expertise in organizing cultural festivals, creating new possibilities and prospects for both entities. It also paves the way for innovative events and experiences catering to the growing fan base of gaming, comics, and pop culture in India.
5. How do the founders of Comic Con India feel about the acquisition?
The founder of Comic Con India, Jatin Varma, expressed enthusiasm about the collaboration and the opportunity to advance their mission of promoting and celebrating popular culture in India. Karan Kalra, partner and director at Comic Con India, also expressed excitement about the strategic partnership.
6. What is NODWIN Gaming’s goal with this acquisition?
NODWIN Gaming aims to provide a platform that caters to the diverse interests of gaming enthusiasts, comic fans, and pop culture enthusiasts by incorporating Comic Con India into its existing portfolio. This collaboration is expected to elevate their engagement with millions of fans globally.
Definitions:
1. NODWIN Gaming: A prominent player in the esports and gaming industry in South Asia.
2. Comic Con India: A company known for organizing pop cultural festivals in India.
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The source of the article is from the blog combopop.com.br