Nazara acquires OpenPlay in a INR 186.41 Cr deal
Shortpedia
Content TeamImage Credit: Inc42
Mumbai-based gaming company Nazara has acquired Hyderabad’s OpenPlay Technologies Private Limited for INR 186.41 Cr. According to the filing, Nazara will acquire 23.30% stake in the company for INR 43.43 Cr by the end of Q2 of FY 2021-22 and will complete the remaining tranche in FY 2021-22. Hyderabad-based OpenPlay offers skills games such as fantasy sports, quiz, rummy and others.