Nazara Tech’s Nodwin Gaming to acquire 100% stake in Comic Con India

Nodwin Gaming, a subsidiary of Nazara Technologies, on Wednesday, announced that it will acquire a 100 per cent stake in Comic Con India at a valuation of Rs 55 crore. Comic Con India is famous for hosting multiple pop cultural festivals in India. The acquisition will be completed in 90 days.

In the announcement, Nazara Tech said that the acquisition will take place through a combination of cash and share swaps from Jatin Varma and Karan Kalra, the founders of Comic Con India. Varma and Kalra will, however, continue to operate the business as a part of Nodwin Gaming.