Krafton Acquires Controlling Stake in Actual Cricket Developer Nautilus Cell for Rs. 118 Crore
PUBG: Battlegrounds maker Krafton has acquired Pune-based developer Nautilus Cell for Rs. 118 crore, the corporate introduced Friday. Nautilus is thought for its Actual Cricket franchise and represents Krafton’s first acquisition deal in India. The event comes after the South Korean agency made a strategic funding of Rs. 40.5 crore in Nautilus in 2022.
Krafton Acquires Nautilus
Krafton now has a controlling stake within the Indian developer, taking on from JetSynthesys, which acquired a one hundred pc stake in Nautilus Cell in 2020. JetSynthesys will, nevertheless, stay as a major minority investor in Nautilus following Krafton’s takeover. The corporate will proceed to work with the studio on “strategically necessary areas, particularly in Esports,” Nautilus mentioned in a press launch.
“This acquisition is a testomony to our long-term imaginative and prescient of creating India a world hub for sport growth. We’re excited to deepen this partnership and work collectively to create world-class gaming experiences that resonate with Indian and international gamers,” Krafton India CEO Sean Hyunil Sohn mentioned.
Nautilus CEO Anuj Mankar mentioned the workforce was “thrilled” to affix Krafton and embark on its “subsequent section.”
“This partnership will enable us to push the boundaries of innovation and develop our attain, whereas persevering with to ship participating and high-quality gaming experiences to gamers worldwide,” he added.
Mankar mentioned Krafton’s experience and powerful trade community would assist the Actual Cricket franchise to discover a international viewers and discover new alternatives within the cellular gaming house.
Krafton’s Battlegrounds Cell India, popularly often called BGMI, a model of PUBG Cell obtainable in India, is without doubt one of the hottest cellular video games within the nation with over 200 million downloads. Nautilus Cell is behind the Actual Cricket sports activities sim franchise, which incorporates well-liked entries like Actual Cricket 24 and Actual Cricket 22.
