Gaming company OneVerse inks groundbreaking collaboration with PokerDangal, potentially revolutionizing the gaming industry.
In a groundbreaking move, Metaverse and gaming tech company OneVerse's partnership with online poker platform PokerDangal is expected to supercharge the gaming landscape. PokerDangal, founded in 2017 by an enterprising quintet, recently teamed up with OneVerse to expand its gaming ecosystem and scale faster.
The OneVerse and PokerDangal Collaboration
Karan Gandhi, a PokerDangal co-founder, shared his sentiment saying, "This integration propels our vision, granting us access to a broader audience and refining our gaming world. Partnering with OneVerse unlocks fresh opportunities for growth."
OneVerse Gaming, initiated by Prashanth Joshua, has already made significant strides in the Indian gaming market by partnering with leading gaming sites such as Spartan Poker, Calling Station, and PokerSaint. The company is on the lookout for further acquisitions, allocating ₹250 Crore for growth capital across its real-money gaming platforms.
Paul Michael, CEO of OneVerse Gaming, emphasized, "Welcoming PokerDangal into the OneVerse family is more than just growth-it's an investment in futuristic game development and player experience."
The Booming Poker and RMG Industry in India
As the poker and real-money gaming industry in India continues to soar, we're witnessing a flurry of mergers and acquisitions involving prominent players. For instance, Nazara Technologies has intensified its investment by increasing its stake in Absolute Sports and PokerBaazi[1]. Last week witnessed Head Digital Works' acquisition of Adda52 from its parent company, Delta Corp, for an estimated ₹491 Crore[2]. The surge in these activities is driven by a promising outlook for the real-money gaming industry in India, with some state governments forecasting India as a significant upcoming market[3].
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Sources:1. India's online gaming market: Locked and Loaded for Growth (Last accessed May 2025)2. Nazara Technologies invests in PokerBaazi for the fourth time, eyes U.S expansion (Last accessed May 2025)3. Gaming industry in India grows by 96% in 2020 over 2019, set to become the next big market (Last accessed May 2025)
OneVerse and PokerDangal's collaboration aims to refine PokerDangal's gaming world, granting access to a broader audience and exploring new avenues for growth. OneVerse, founded by Prashanth Joshua, has partnered with multiple gaming platforms and plans to allocate ₹250 Crore for growth capital. Paul Michael, CEO of OneVerse Gaming, views the partnership as an investment in futuristic game development and player experience.
As the poker and real-money gaming industry in India thrives, we see a surge in mergers and acquisitions amongst key players. Notable transactions include Nazara Technologies' investment in PokerBaazi, Head Digital Works' acquisition of Adda52, and the industry's impressive growth forecasts by various state governments. The industry's promising outlook makes India a significant upcoming market for technology-driven businesses in the real-money gaming sector.
To stay updated on the latest developments in the real-money gaming and poker industry, visit our website for the freshest news on mergers, acquisitions, and events shaping these dynamic industries.
