NODWIN Gaming acquires Trinity Gaming in Rs 24-cr deal

NODWIN Gaming has announced the acquisition of Trinity Gaming in a deal valued at Rs 24 Crore. This acquisition will see Trinity Gaming become a fully owned subsidiary of NODWIN Gaming, marking a significant step in expanding its reach and capabilities within the Indian gaming and content ecosystem.

The acquisition of 100% 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.

The consideration would be payable partly by way of Cash consideration up to Rs 4.8 crore and balance of Rs 19.2 crore by way of swap of equity shares of Nodwin Gaming.

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

Akshat Rathee, Co-Founder of NODWIN Gaming, commented: “Trinity Gaming has been a long-time partner and ally in the gaming ecosystem, and we’ve shared a strong relationship with Abhishek, Shivam, and their incredible team over the years. We are thrilled to welcome Trinity Gaming into the NODWIN Gaming family. Trinity’s deep understanding of India’s gaming creator ecosystem, coupled with their expertise in brand partnerships, agency activations, content creation, and community engagement, will be pivotal in further strengthening our footprint in the region. This acquisition allows us to offer more holistic solutions to our partners, from content creation to marketing services, while continuing to build a thriving gaming ecosystem in India.”

Abhishek Aggarwal, Co-Founder of Trinity Gaming, stated: “Joining forces with NODWIN Gaming is a momentous step for us. The synergy between our teams will accelerate our vision of creating unmatched opportunities for content creators in India, expanding the gaming ecosystem while helping brands connect more deeply with this highly engaged audience. We are excited about the future and the immense growth that lies ahead.”

Shivam Rao, Co-Founder of Trinity Gaming, added: “With NODWIN Gaming’s unparalleled expertise in esports and global reach, coupled with our focus on creators and brand partnerships, we are poised to deliver innovative and compelling solutions for the gaming community in India. This acquisition marks the beginning of a new era of opportunities for creators, and brands alike.”