Krafton Inc. (CEO Chang-han Kim) has acquired the management rights of Indian cricket game developer Nautilus Mobile for a total of 13.75 million dollars (approximately 20.2 billion won). The acquiring entity is Krafton India, and Nautilus Mobile will be incorporated as a subsidiary of Krafton India.
Through this acquisition, it aims to strengthen its investment in its own game development while also promoting the growth of the Indian game development ecosystem.
Nautilus Mobile is an Indian mobile game developer founded in 2013. It owns the ‘Real Cricket’ series, India’s representative mobile cricket game. The Real Cricket series has surpassed 250 million cumulative downloads, and has established a unique position in the Indian mobile cricket game market by signing official partnerships with teams from the Indian Premier League (IPL), India’s professional cricket league.
Read also – Equinix has Issued its First Green Bonds in Singapore, Raising $375Million to Support Sustainability Efforts
Nautilus Mobile plans to create greater synergy with Krafton India in publishing and e-sports based on its strong IP franchise and proven development capabilities.
It will combine Nautilus Mobile’s sports game development expertise with Krafton’s global capabilities and technology to create synergy and expand its business into the global market.
In addition, it will foster a vibrant game development ecosystem, including support for local game developers and creation of new jobs, to create a foundation for sustainable growth in the Indian game industry and continue to pursue local production initiatives.
Anuj Mankar, CEO, Nautilus Mobile said, “We are delighted to join Krafton India, Building on Krafton’s global competitiveness and strong network, we will further elevate the status of our Real Cricket franchise and explore new opportunities in the global market.”
Son Hyun-il, CEO of Krafton India said, “This acquisition is part of Krafton’s long-term vision to develop India into a global game development hub, Through close collaboration with Nautilus Mobile, we will provide world-class gaming experiences that resonate with and support users in India and around the world.”
Meanwhile, the ‘Real Cricket’ series developed by Nautilus Mobile is continuing its unrivaled competitiveness in the global mobile cricket game market with a diverse lineup including the recently released ‘Real Cricket 24’, ‘Real Cricket 22’, ‘Real Cricket GO’ for low-spec mobile environments, and ‘Real Cricket Premier League”.
About KRAFTON
KRAFTON is a collective of studios, each with their own distinct creative identity. Their team is always aspiring to evolve, innovate, and create new technology and entertainment experiences that fans can interact and engage with for years to come.
