Nazara Technologies acquires OpenPlay for Rs 186 crore

  • Gaming and sports media platform Nazara Technologies has acquired Hyderabad-based skill-based gaming company OpenPlay for about Rs 186 crore.
  • While Gamify learning and e-sports contribute around 81% to its revenue, with each bringing in upwards of Rs 200 crore, free-to-play mobile gaming is around 4% and real-money gaming is around 2% of the mix, Agarwal said.
  • OpenPlay currently has an annualised gross gaming revenue run rate of Rs 80 crore and is Ebidta-positive.
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