Ability Games, a Kolkata-based gaming platform, has acquired an undisclosed stake in Yudiz Solutions, a development company, based out of Ahmedabad.
The acquisition will help Ablity Games to stretch out its growth and develop in-house games. This will also provide the company the scope for improving the existing products as well as bring innovative gaming products for the gaming audience.
Navneet Makharia, Director of Ability Games, said, “This is a strategic acquisition on part of Ability Games, keeping in view the future growth prospect of the company. We will now be covering various line of products in real money gaming, play money gaming, and various sports information. Now all our products will be developed in-house and we will work on 100 percent proprietary softwares.”
Ability Games was founded by Navneet Makharia in 2017. It is aiming to revolutionalize the online gaming industry with online real money and play money gaming products.
The platform is also planning to offer sports news, provide an information portal, and also offer fantasy sports and poker genre.
Yudiz Solutions, on the other hand, is a company which consists of 220 people. The company is working on various websites, game development, and mobile application development in the Virtual Reality (VR)space and wearables. It has created niche products in areas such as custom apps, business app, web apps, and game apps, among others.
The Indian gaming industry is thriving and the increase in the use of smartphones and digital payment gateway infrastructure has led to the expansion of the gaming industry in India.
Some of the significant startups under the similar roof includes Dream11, BalleBaazi, Nazara Technologies, SportsKeeda, Qunami, HalaPlay, Paytm First games, and many more.