In a landmark move that underlines its growing global ambitions, Nazara Technologies, one of India’s leading gaming and esports companies, has acquired 100% ownership of UK-based Curve Digital Entertainment Ltd (Curve Games) for a whopping ₹247 crore (approximately GBP 21.7 million). The acquisition represents a strategic leap for Nazara as it continues to scale its presence beyond mobile gaming into the booming PC and console gaming markets, valued at over $100 billion globally.
🌍 Why This Nazara Acquisition Matters
This is not just another headline-grabbing deal. Curve Games is no stranger to success in the global publishing arena. With a reputation for delivering globally recognized indie hits, Curve Games boasts an impressive catalog of PC and console titles that have collectively surpassed 100 million downloads worldwide. Their influence stretches across key gaming territories including North America, Asia Pacific, and Europe, making them a highly strategic asset for Nazara’s global expansion goals.
Nazara stated that this acquisition aligns perfectly with its strategy of building a diversified portfolio through carefully selected acquisitions. With this move, the company now has direct access to a mature and highly lucrative PC and console market — significantly expanding its platform reach, genre exposure, and geographic coverage.
💰 Performance Snapshot of Curve Games
In the calendar year 2024, Curve Games delivered strong financial performance:
- Revenue: ₹263.5 crore (~GBP 24.4 million)
- EBITDA: ₹114.4 crore (~GBP 10.6 million)
- Profit Before Tax: ₹49.6 crore (~GBP 4.6 million)
These numbers reflect Curve’s operational maturity and high-value IP portfolio, making it a revenue-generating asset from day one.
🗣 Leadership Speaks
Speaking about the acquisition, Nitish Mittersain, CEO of Nazara Technologies, commented:
“Curve’s proven expertise in PC and console publishing makes them an ideal partner as we expand our focus beyond mobile into high-quality, cross-platform gaming. This acquisition deepens our capabilities, brings exceptional IP into our fold, and strengthens our mission of building Nazara as a global gaming powerhouse from India. Curve will also serve as a gateway to the world for Indian game developers.”
Echoing this enthusiasm, Stuart Dinsey, Executive Chairman of Curve Games, said:
“Joining the Nazara family is an exciting new chapter for Curve. Nazara’s ecosystem, access to emerging markets, and long-term orientation make them a strong strategic partner. We are aligned in our vision of building a leading global indie publishing platform, and we look forward to the next phase of growth together.”
📈 Nazara’s Expanding Footprint
This acquisition follows a string of strategic moves by Nazara Technologies to diversify and strengthen its position across the interactive gaming and sports media landscape. Nazara is notably India’s only publicly listed gaming company and has a presence in India, North America, and other global markets.
Its key holdings include:
- Kiddopia (educational games for kids)
- Animal Jam (popular among young audiences)
- Fusebox Games (known for Love Island and Big Brother games)
- World Cricket Championship
- Sportskeeda (sports content platform)
Earlier this month, Nazara’s subsidiary Absolute Sports acquired wrestling media platforms ITRWrestling.com and TJRWrestling.net for ₹10.5 crore, further expanding its sports media vertical.
📊 Financial Performance & Market Outlook
While Nazara has yet to release its Q4 financial results for FY 2024–25, Q3 saw the company report its highest-ever EBITDA of ₹52.4 crore. Operating revenue stood at a record ₹535 crore, reflecting a 67% year-on-year growth. However, the net profit witnessed a decline of 53.6%, dropping to ₹13.7 crore from ₹29.5 crore in Q3 FY24 — largely due to increased investment in growth and acquisitions.
Despite the dip in net profits, the overall trajectory remains strong as Nazara continues to build an ecosystem that spans gaming, publishing, esports, and sports media.
🚀 What This Means for Indian Game Developers
Perhaps one of the most exciting takeaways is Nazara’s commitment to serving as a global launchpad for Indian game developers. With Curve’s distribution network and Nazara’s increasing influence, Indian game creators could now get a significant boost in accessing international markets and cross-platform opportunities — something the domestic ecosystem has been striving toward.
Conclusion:
Nazara Technologies’ acquisition of Curve Games is more than just a business expansion. It is a bold step toward transforming the Indian gaming industry’s global relevance. With its eyes firmly set on cross-platform, global-first IPs, and fostering international exposure for Indian developers, Nazara is setting the stage for the next chapter of India’s gaming evolution.
Stay tuned to AAAGames for more updates on Nazara and India’s rapidly growing gaming ecosystem.
