Annabelle Stephenson
In a recent announcement, Nodwin Gaming, a subsidiary of Nazara Technologies, disclosed its acquisition of Comic Con India. This strategic deal involved the purchase of the company’s shares for 55 crore rupees, solidifying Nodwin Gaming’s presence in the market and expanding its portfolio of cultural events.
Comic Con India, established in 2011 by Jatina Varma and Karan Kalra, is widely recognized for organizing festivals that cater to the interests of India’s youth. These vibrant celebrations explore different facets of popular culture, ranging from comics and cosplay to movies, TV shows, merchandise, and games. The festivals attract a large audience and take place in cities like New Delhi, Mumbai, Bengaluru, Hyderabad, and Chennai.
This acquisition will enable Nodwin Gaming to enhance and diversify its offerings, specifically targeting the youth of India. The company’s integration of gaming, popular culture, and esports in an interactive entertainment sector brings forth innovative intellectual property that has the potential to thrive in both Indian and international markets. According to Akshat Rathee, co-founder of Nodwin Gaming, this expanded portfolio will enrich the company’s position in the industry.
With this acquisition, Nodwin Gaming aims to expand the number of festivals and captivate an even larger audience in India and beyond. Fans can anticipate more spectacular events that celebrate the fusion of gaming, esports, comics, and popular culture at large.
Notably, Nodwin Gaming already owns numerous prominent tournaments, festivals, and conferences related to esports, gaming, music, comedy, and live experiences. The company operates in South Asia, Singapore, the Middle East, and Turkey, expanding its reach across diverse regions. Over the past year, Nodwin Gaming has actively pursued acquisitions and investments to strengthen its presence in both the Indian and international markets.
This acquisition marks yet another significant milestone for Nodwin Gaming. By acquiring Comic Con India, the company aims to attract an even larger fanbase of popular culture enthusiasts and showcase even more extraordinary events in India and abroad, solidifying its market position.
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The source of the article is from the blog smartphonemagazine.nl
