NODWIN Expands with Trinity Gaming Acquisition

29 Nov 2024 , 01:10 PM

Trinity Gaming was purchased by NODWIN Gaming, a gaming and esports company, on Friday for a reported Rs 24 crore. Trinity Gaming is a YouTube gaming Multi-channel Network (MCN) and Meta Creator Service Provider (CSP) in India. It has partnered with companies including Samsung, Realme, iQOO, and Krafton and oversees more than 1,000 creators around the country.

“The acquisition of 100 per cent of the share capital of Trinity will be a combination of secondary sale and stock swap of NODWIN Gaming shares for a total consideration of up to Rs 24 crore,” a statement from the business stated.

It further stated that up to Rs 4.8 crore of the price would be paid in cash, with the remaining Rs 19.2 crore coming from the exchange of NODWIN Gaming equity shares.

“As part of this transaction, the founders would become shareholders of NODWIN Gaming and continue to lead the business going forward,” added the statement.

According to NODWIN Gaming, it intends to expand Trinity’s portfolio across NODWIN’s current operations and verticals into new countries such as Africa, Southeast Asia, Central Asia, and the Middle East.

Furthermore, Trinity’s founders will manage the merged company after NODWIN merges its Unpaused Talent segment with Trinity.

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