PUBG: Battlegrounds maker Krafton has acquired Pune-based developer Nautilus Mobile for Rs. 118 crore, the corporate introduced Friday. Nautilus is understood for its Real 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 up from JetSynthesys, which acquired a 100% stake in Nautilus Cellular in 2020. JetSynthesys will, nevertheless, stay as a big minority investor in Nautilus following Krafton’s takeover. The corporate will proceed to work with the studio on “strategically essential 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 improvement. We’re excited to deepen this partnership and work collectively to create world-class gaming experiences that resonate with Indian and world gamers,” Krafton India CEO Sean Hyunil Sohn mentioned.
Nautilus CEO Anuj Mankar mentioned the crew was “thrilled” to hitch Krafton and embark on its “subsequent part.”
“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 world viewers and discover new alternatives within the cell gaming area.
Krafton’s Battlegrounds Cellular India, popularly generally known as BGMI, a model of PUBG Mobile obtainable in India, is without doubt one of the hottest cell video games within the nation with over 200 million downloads. Nautilus Cellular is behind the Actual Cricket sports activities sim franchise, which incorporates well-liked entries like Actual Cricket 24 and Actual Cricket 22.