Nazara Tech announces game publishing division for homegrown developers

By siliconindia  |  Monday, 30 October 2023, 10:10 IST

Nazara Tech announces game publishing division for homegrown developers
Online gaming major Nazara Technologies announced its new game publishing division that will launch high-quality games for the Indian and global markets. The company will invest a minimum of Rs 1 crore per game and aims to launch up to 20 games over the next 18 months as part of its “Nazara Publishing” vertical. It introduced a dedicated website for game developers interested in partnering with Nazara to publish games across platforms, including mobile, web3, VR and PC.
Nazara said it would also provide developers with support on game design, localization, data analytics capabilities, beta testing and quality assurance, enhanced monetization and strong distribution through smart user acquisition spending and platform partnerships.  “With a special focus on supporting Indian developers, Nazara sees a significant opportunity in the Make-in-India initiative and as part of this initiative, we will also promote Indian game developers globally”, said Nitish Mittersain, CEO and Joint MD of Nazara Technologies.
As part of the Nazara Publishing platform, developers will also have access to mentors in the form of industry leaders and experts.  In e-sports, Nazara has India's leading esports platform Nodwin, PublishME in the Turkey/MENA market, and Sportskeeda and Pro Football Network in the sports media space.  In September, Nazara Tech’s board approved an issue of equity shares with a face value of Rs 4 each to raise up to Rs 410 crore from SBI Mutual Fund. Earlier this month, Nodwin Gaming’s Singapore arm acquired a 100 percent stake in game marketing agency PublishME for $2 million from its existing shareholders Nazara Technologies and Ozgur Ozalp.
Source: IANS

ON THE DECK