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E-Sports: Acquisition in India

By Emre Bilginoglu, Attorney-at-Law, Istanbul, Turkey   Nazara Games, a mobile content platform provider and games publisher, has acquired a 55 percent stake in Indian Nodwin Gaming, an E-Sports company. Nazara is backed by Westbridge Capital, a well-known Indian venture capital firm. Although India has, at present, a comparatively small interest in E-Sports with around 5 million players and followers, market researchers expect the sport to grow more than five-fold in the coming years. Nodwin currently manages the prestigious gaming events held in India; therefore, the investment seems to be spot on. As mentioned, E-Sports is most likely to grow in India, which is one of the fastest growing major economies; second most populated country in the world; and the world’s sixth largest economy by nominal GDP. Thus, E-Sports continues its geographical expansion in an interesting and developing market, with a bright future.   Emre Bilginoglu, who is also admitted to practise Law in the State of New York, USA, may be contacted by e-mail at ‘This email address is being protected from spambots. You need JavaScript enabled to view it.    

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