Krafton Acquires Controlling Stake in Real Cricket Developer Nautilus Mobile for Rs. 118 Crore

PUBG: Battlegrounds maker Krafton has acquired Pune-based developer Nautilus Mobile for Rs. 118 crore, the corporate introduced Friday. Nautilus is thought for its Real Cricket franchise and represents Krafton’s first acquisition deal in India. The improvement 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 one hundred pc stake in Nautilus Mobile in 2020. JetSynthesys will, nonetheless, stay as a major minority investor in Nautilus following Krafton’s takeover. The firm will proceed to work with the studio on “strategically important areas, especially in Esports,” Nautilus stated in a press launch.

“This acquisition is a testament to our long-term vision of making India a global hub for game development. We are excited to deepen this partnership and work together to create world-class gaming experiences that resonate with Indian and global players,” Krafton India CEO Sean Hyunil Sohn stated.

Nautilus CEO Anuj Mankar stated the staff was “thrilled” to hitch Krafton and embark on its “next phase.”

“This partnership will allow us to push the boundaries of innovation and expand our reach, while continuing to deliver engaging and high-quality gaming experiences to players worldwide,” he added.

Mankar stated Krafton’s experience and robust trade community would assist the Real Cricket franchise to discover a world viewers and discover new alternatives within the cellular gaming house.

Krafton’s Battlegrounds Mobile India, popularly often known as BGMI, a model of PUBG Mobile out there in India, is likely one of the hottest cellular video games within the nation with over 200 million downloads. Nautilus Mobile is behind the Real Cricket sports activities sim franchise, which incorporates fashionable entries like Real Cricket 24 and Real Cricket 22.