Nazara Technologies announces investment by ESL
MUMBAI: Nazara Technologies Limited (Nazara) announced that ESL, one of the world’s largest Esports company has invested for a minority stake in the Indian company. Founded in 2000, ESL runs amateur to professional leagues, ranging from online tournaments through major global mega stadium events in venues around the world, distributing its content and original programming across digital and linear channels, including Facebook, Twitter, Twitch, Sony Vue, Disney XP, and Hulu. Additionally, ESL has signed a license agreement with NODWIN Gaming, the pioneer of esports in India (source: F&S report), which was recently acquired by Nazara Technologies. As part of this, NODWIN Gaming secures multi-year exclusive licensing rights for the ESL system and ESL community platform for organising and operating ESL competitions in India. It also secures media distribution rights of ESL global content to local linear and digital platforms in Indian subcontinent.