Nodwin Gaming acquires OML Entertainment's IP and gaming business

Nazara Technologies' NODWIN Gaming has signed this deal for Rs 73 crore and the transaction will provide partial liquidity to OML Entertainment shareholders, including CA Media.

NODWIN Gaming, an esports company and an independent subsidiary of Nazara Technologies Limited has acquired the gaming and adjacent IP (intellectual property) business of OML Entertainment, a media and entertainment company.

Nazara Technologies owns IPs including WCC and CarromClash in mobile games, Kiddopia in gamified early learning, NODWIN and Sportskeeda in esports and Esports media, and Halaplay and Qunami in skill-based, fantasy and trivia games.

OML Entertainment is known for managing gaming and entertainment creators such as Tanmay Bhat, Samay Raina, Suhani Shah, among others. And also for owning and executing IPs such as the BACARDÍ NH7 Weekender, LOLstars, Headliners, hip-hop league – Breezer Vivid Shuffle, among others.