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OneVerse Acquires Gaming Companies Calling Station, BatBall11 Gaming
Gutshot Editorial
Posted on 12 Mar, 2024
By Gutshot Editorial
On 12 Mar, 2024
By Gutshot Editorial
On 12 Mar, 2024

OneVerse Acquires Gaming Companies Calling Station, BatBall11

These buys add to the portfolio of gaming companies it has acquired recently

In a significant move poised to revolutionize the gaming sphere in India, OneVerse, a pioneering Metaverse and gaming technology entity, has clinched the game-changing acquisitions of poker platform Calling Station, and multi-gaming app BatBall11. The landmark deal not only represents a significant milestone in the trajectory of these firms but also heralds a transformative era in the Indian gaming landscape. It unleashes a cascade of synergistic opportunities set to redefine the very essence of gaming as we know it.

OneVerse Gaming Acquisition

As part of OneVerse’s ongoing M&A strategy to solidify its position in the gaming market and advance its goal of becoming India’s leading gaming entity, recent macroeconomic challenges have presented favourable conditions for M&A efforts. The company is looking to close a few more acquisitions in the next three months, as a part of a larger strategy announced earlier.

Calling Station is One of the fastest-growing platforms and a secure online destination to enjoy Poker. “At Calling Station, we stand at the forefront of gaming innovation, delivering an unparalleled experience driven by cutting-edge software and unwavering commitment to online safety and security. Through this landmark acquisition, we are proud to affirm our dedication to pioneering excellence in the gaming industry. At Calling Station, we’ve always prioritized delivering top-notch gaming experiences with a steadfast commitment to security and inclusivity,” said Arvind Jain, CEO, Calling Station.

Through our collaboration with these firms, we aspire to redefine the realm of innovation, offering unmatched gaming encounters to our user base in India and across the globe. This strategic acquisition is a testament to our shared vision to redefine the gaming industry,” remarked Varun Parikh, Managing Director, BatBall11. “By teaming up with OneVerse Gaming, we’re poised to revolutionize gaming experiences, setting new benchmarks for excellence both in India and on a global scale,” added Parikh. For those who don’t know, BatBall11 is one of India’s fastest growing fantasy sports companies, that also forayed into poker, rummy, ludo, and other casual games recently. 

Speaking on the acquisitions, Dhyanesh Sundarmurthy, Co-Head, RMB Capital India, who acted as OneVerse’s advisor on the transaction, said, “All three firms have an extensive user base. Coupled with a clear trajectory towards profitability, the acquisitions are ideal assets for OneVerse’s MetaVerse-centric gaming ecosystem. The acquisition presents an opportunity for seamless integration of networks and players on the platform, promising immersive transactional experiences within the online gaming realm. The terms of the buyout ensure that the management teams of all three firms will remain in place and continue driving growth initiatives and fostering continued value creation within the gaming landscape”

E. Paul Micheal, CEO of OneVerse Gaming

E. Paul Micheal, CEO, OneVerse Gaming

E. Paul Micheal, CEO of OneVerse Gaming, voiced his excitement about the acquisitions, emphasizing its strategic importance. “They are both very efficient companies when it comes to unit economics and are in a high growth trajectory phase. We are very impressed with the execution capabilities of the leadership at Batball11 and Calling Station. They have achieved substantial growth with very minimal capital infusion. We believe that they bring a valuable synergy to our gaming portfolio not just in terms of business value but the operating efficiency of their teams which is crucial for the next phase of growth. We are looking at investing an additional ₹250 Crores across our portfolio of planned investments which is expected to triple growth within one year.” Remarked Micheal. 

Spartan Poker Acquired By OneVerse For An Undisclosed Sum

Around a month back, the gaming giant announced the acquisition of leading poker brand Spartan Poker as well. These acquisitions solidify OneVerse’s position as a dynamic centre of innovation, amalgamating all the acquired firms’ inventive prowess with OneVerse’s technological acumen to spearhead the next era of gaming breakthroughs. Gamers can anticipate an enriched assortment of pioneering games seamlessly merging immersive experiences with cutting-edge technology. Moreover, with an extended global reach, OneVerse is primed to penetrate new territories and foster connections with varied gaming communities worldwide.

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About OneVerse

OneVerse is a MetaVerse platform dedicated to enabling an immersive experience for gamers. With a relentless focus on innovation, OneVerse continues to redefine industry standards and shape the future of gaming. 

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