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Metaverse and gaming technology startup OneVerse has acquired online poker platform Calling Station and fantasy sports app BatBall11.
According to an official statement, these acquisitions strengthen OneVerse's position as a vibrant hub of innovation, combining the inventive power of all acquired companies with OneVerse's technological acumen to power the next wave of gaming innovation. The company plans to promote the project. We expect to complete several more acquisitions within the next three months.
said E. Paul Michael, CEO of OneVerse Gaming. “We are very impressed with the execution capabilities of the leadership of Batball11 and Calling Station. Both companies have achieved significant growth with minimal capital injections, and we believe that both companies will bring valuable synergies. Our gaming portfolio is important not only for its business value, but also for the operational efficiency of our team, which is critical to our next stage of growth. ”
“We are looking to invest an additional Rs 250 million across our planned investment portfolio, which is expected to grow three times within a year,” Michael added.
As part of its goal to acquire 13 companies and become India's top gaming company, OneVerse acquired online poker platform Spartan Poker in February. He has $120 million secured in the initial investment round, with eight companies participating.
Arvind Jain, CEO of Calling Station, said: “At Calling Station, we have always prioritized delivering a top-notch gaming experience with a strong commitment to security and inclusivity. Through our collaboration with these companies, we are redefining the realm of innovation. We aim to provide an unparalleled gaming experience to our user base in India and around the world. ”
Varun Parikh, Managing Director, BatBall11 further added, “By partnering with OneVerse Gaming, we are poised to revolutionize the gaming experience and set new standards of excellence both in India and on a global scale. ” he added.
