• Spanish gaming acquisitions: Nazara is investing approximately $100 million (₹900 crore) upfront to acquire Spanish firms Bluetile Games and BestPlay at about 10x EBITDA, with additional performance-linked payouts structured over the next 3–4 years.
• Target financial metrics: The acquired entities generated ₹1,400 crore in revenue and ₹254 crore in EBITDA in 2025 with a 70% operating cash flow conversion, which is set to almost double Nazara's revenue and EBITDA on a pro-forma basis.
• Organic growth strategy: To drive post-acquisition expansion, Nazara has set up dedicated Centers of Excellence focused on artificial intelligence, data analytics, and user acquisition.
• Market expansion outlook: While expanding into PC and console games to tap the $200 billion global market, the company is also targeting future monetization opportunities across India's base of 500 million mobile gamers.