Nazara Tech Acquires UK-Based Curve Digital for ₹247 Crore, Expands Global Gaming Footprint

Nazara Technologies, a leading Indian gaming and sports media company, has successfully completed the acquisition of UK-based Curve Digital Entertainment Ltd (CDEL) for ₹247 crore. This move strengthens Nazara's presence in the international gaming market and adds several new game development studios to its growing portfolio.

Acquisition Details

In a regulatory filing on June 13, 2025, Nazara stated that its UK subsidiary completed the acquisition of 100% equity in Curve Digital Entertainment on June 11. The total deal value stands at ₹247 crore (GBP 21.7 million), out of which ₹221 crore (GBP 19.11 million) has already been paid. The remaining amount will be paid as per the agreed terms.

Expansion of Subsidiary Network

Following the acquisition, Curve Digital Entertainment Ltd (CDEL) is now a wholly owned subsidiary of Nazara UK and a step-down subsidiary of Nazara Technologies. Along with this, CDEL’s group companies — including Kuju Ltd, Curve Digital Publishing Ltd, Runner Duck Games Ltd, Fiddlesticks Games Ltd, Curve Games Development One Ltd, IronOak Games Inc., and Attack Games Ltd — have also become part of the Nazara group.

Nazara Technologies Share Price Movement

As of 2:44 PM on June 13, 2025, Nazara Technologies share price was trading at ₹1,331.10, up by ₹84.30 or 6.76% for the day. The stock opened at ₹1,230.00, hit an intraday high of ₹1,341.80, which is also its 52-week high, and a low of ₹1,225.00. The company’s market capitalisation stood at ₹11,660 crore, and its 52-week low is ₹805.05. The stock is currently trading at a P/E ratio of 134.18, and it does not offer any dividend yield.

Also Read: Bajaj Finance Set June 16 as Record Date for Stock Split! 

Nazara Technologies Q4 FY25 Earnings

In May, Nazara had reported a robust Q4 performance with a profit of ₹4 crore. Revenue from operations almost doubled to ₹520 crore, and EBITDA stood at ₹51 crore for the quarter. For the full financial year, the company posted its highest-ever EBITDA of ₹153.5 crore.

Conclusion

Nazara Technologies’ acquisition of Curve Digital marks a significant step in its global expansion strategy. By adding a cluster of innovative gaming studios under its umbrella, the company is well-positioned to grow further in the international gaming space.

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