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.

[Via]

Picture of Editor

Editor

You may also like

Get the latest

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Hot news

Travel

Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

Most popular