Continuing its aggressive expansion in the global gaming industry, Mumbai-headquartered Nazara Technologies has completed the acquisition of UK-based video game publisher Curve Digital Entertainment Ltd (popularly known as Curve Games) for INR 247 crore. The transaction was finalized on June 11 through Nazara’s wholly owned UK subsidiary, with around INR 221 crore paid upfront to the British game developer.
Founded in 2005 by Jason Perkins in London, Curve Games has carved a niche in the casual gaming segment with hit titles such as Fall Flat, For the King, The Ascent, and Lawn Mowing Simulator. Known for its strong publishing capabilities and indie gaming focus, Curve was previously acquired by UK-based Catalis Group in 2016 and has remained a part of its portfolio—until now.
Nazara’s board had approved the acquisition on May 20 at a valuation of INR 248 crore. With this acquisition, Curve Games will continue to operate independently from its London office, retaining its full staff and leadership team. Importantly, the deal also includes Curve’s two internal game development studios—Runner Duck in Brighton and IronOak Games in Vancouver.
“This move reinforces our commitment to building out Nazara’s core gaming portfolio and expanding into global PC and console markets,” said Nitish Mittersain, Managing Director and CEO of Nazara Technologies, in a LinkedIn post. Mittersain highlighted Curve’s deep expertise in publishing and its strategic value in bolstering Nazara’s international ambitions.
Echoing similar sentiments, Curve Games’ executive chairman Stuart Dinsey remarked, “This deal is a perfect fit. With Nazara, we will build on our strengths across console and PC, staying true to our indie spirit. It’s still about great games, great studios, and great players. Our next chapter starts here.”
This is Nazara’s second major acquisition in the UK gaming scene, following its purchase of Fusebox Games in August 2024 for INR 235 crore. That deal brought in a studio known for mobile games based on TV IPs like Love Island.
The Curve Games acquisition is part of Nazara’s broader $100 million (INR 860+ crore) M&A strategy aimed at strengthening its foothold across key gaming segments, including development, publishing, esports, and adtech. In just the past year, the company has made a series of headline-making acquisitions:
Acquired bankrupt arcade chain Smaaash Entertainment for INR 126 crore in June 2025
Acquired a 50% stake in PokerBaazi’s parent company for INR 832 crore (September 2024)
Took full ownership of Sportskeeda by acquiring more shares in parent company Absolute Sports (March 2025)
Bought two game IPs from ZeptoLab for INR 64 crore (January 2025)
Acquired esports event firm StarLadder via NODWIN Gaming for INR 46.8 crore (January 2025)
Acquired 60% of Funky Monkeys, a kids’ play center chain, for about INR 44 crore (February 2025)
Despite the bold moves, Nazara’s profitability has taken a hit in recent quarters. The company’s profit after tax dropped steadily from INR 23.6 crore in Q1 FY25 to INR 4.1 crore in Q4. Nevertheless, Mittersain remains optimistic, stating that the impact of recent acquisitions will begin to reflect positively in upcoming quarters.
Investors responded positively to the latest acquisition news, with Nazara’s shares closing 6.5% higher at INR 1,328 on the Bombay Stock Exchange.
As Nazara sharpens its focus on PC and console gaming while nurturing homegrown IPs and esports ventures, its multi-pronged growth strategy continues to shape the future of India’s most prominent gaming company on the global stage.
