iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Vodafone Idea ties up with Nazaria Tech; makes debut in e-sports

15 Mar 2022 , 11:49 AM

Vodafone Idea Limited
Vodafone Idea Ltd. informed the investors that the telecom operator made a foray into the online gaming segment in collaboration with Nazaria Technologies.

VIL believes that gaming is a highly monetizable segment with significant growth potential.

VIL stated that Gaming aligns perfectly with the company’s strategic focus of driving a higher engagement quotient with a transition in consumers’ shifting from offline to online world. This will upgrade the average revenue per user for the company and therefore monetization.
Vodafone Idea has reported an ARPU of Rs115 in December 2021 quarter. The company is looking to strategically build the gaming ecosystem through this partnership.

The e-sports platform will be launched in the next couple of weeks followed by social gaming in the next 3-4 months.

These games will be offered by the company on both a free and paid basis in the range of Rs25-26 per month.

Vodafone Idea Ltd is currently trading at Rs10.37 up by Rs0.15 or 1.47% from its previous closing of Rs10.22 on the BSE.

Related Tags

  • Vodafone Idea e-sports
  • Vodafone Idea News
  • Vodafone Idea Partnership
  • Vodafone Idea Stocks
  • Vodafone Idea Updates
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.