PlaySimple Games
Multimedia, Games & Graphics Software · India · 201-500 Employees
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Overview
Headquarters
100 Feet Rd Ste 92, Domlur, Karnataka, 5...Website
www.playsimple.inRevenue
$12 MillionIndustry
About PlaySimple Games
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PlaySimple Games News & Media
Resolutions at the extraordinary general meeting of MTG
STOCKHOLM, July 28, 2021 — The extraordinary general meeting (the "EGM") of Modern Times Group MTG AB (publ) ("MTG") that was held today resolved on, among other things, a directed issue of class C shares, transfer of class B shares to the sellers of Playsimple Games Private Limited ("PGPL") as well as transfer of class B shares through an accelerated bookbuilding procedure. Resolution on a directed issue of class C shares and acquisition of ownWhy PlaySimple's acquisition is the most important exit story for the Indian startup ecosystem in 2021
PlaySimple’s acquisition by MTG for a whopping $360 million last week was the biggest news for the Indian startup ecosystemMTG Acquires PlaySimple, For USD360M
Stockholm, Sweden-based Modern Times Group MTG AB (publ) acquired 100 % of PlaySimple, a word games developer from India, for approx. USD360M. The acquisition of PlaySimple will strengthen the company’s position in the casual games’ genre. PlaySimple will strengthen MTG’s position amongst the female gaming audience while also enabling access to the strategically important talent pool […] The post MTG Acquires PlaySimple, For USD360M appeared first on FinSMEs.Swedish gaming giant MTG buys Indian games developer PlaySimple for $360 mn
Acquires 100% in cash-and-equity deal that will significantly strengthen the company's position in casual games' genre and enable access to fast-growing word games genre
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Frequently Asked Questions Regarding PlaySimple Games
PlaySimple Games is an Indian gaming studio known for popular titles such as Daily Themed Crossword, WordTrip, and Crossword Jam. The company offers a variety of games that challenge vocabulary and provide relaxing gameplay, catering to both word enthusiasts and casual gamers. Their featured selection includes games designed to engage players in fu... Read More