Nazara Technologies will continue to own over 50 per cent stake in the esports firm.
09 Mar, 2021 - 02:26 PM IST | By indiantelevision.com Team
KOLKATA: Built on the world's largest youth demographic and fuelled by affordable smartphone and data prices, e-sports has seen a surging demand which has led to Nodwin Gaming receiving a minority investment of Rs 164 crore from South Korean gaming firm Krafton.
Nodwin Gaming will channelise these funds to accelerate the development of e-sports in South Asia, Middle East and Africa, support talent, provide better gaming infrastructure and technology and conceptualise, organise and execute a multitude of tournament IPs at the national and international level.