OneVerse, a leading player in metaverse and gaming space, continues on its acquisition spree in the real money gaming sector. Following the successful acquisition of major brands like Spartan Poker, Batball11 & Calling Station, the company has now acquired PokerSaint, a prominent online poker platform. This marks the company’s fourth acquisition this year, signaling their dominance in India’s gaming industry.
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OneVerse has been aggressively reshaping the gaming landscape and aims to become India’s leading gaming firm with a $120 million investment with plans to acquire over 13 to 14 companies in the first phase. This aggressive expansion move reflects OneVerse Gaming’s commitment to expansion and market leadership for sustained growth and profitability in the highly competitive gaming space.
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The acquisition of PokerSaint serves as a key milestone in OneVerse Gaming’s growth trajectory. PokerSaint is known for offering immersive gaming experiences and nurturing community engagement. The platform brings substantial value and a loyal user base to the OneVerse Gaming network.
“This acquisition fits perfectly with our strategic vision and growth objectives,” said Paul Micheal, CEO of OneVerse Gaming. “PokerSaint’s pioneering gaming strategies and fair market position make them an ideal addition to OneVerse Gaming as we seek to expand our player base and boost shareholder value over the long term.“
Founder of PokerSaint, Kshitij Anilkumar expressed optimism, saying, “Joining forces with OneVerse marks a significant milestone in our journey. We are proud of what we have achieved at PokerSaint and excited for what the future holds. This partnership will enhance our ability to innovate and expand, bringing unparalleled experiences to our users. With OneVerse’s resources and our deep understanding of the poker community, we are set to revolutionize the online poker industry.“
Talking about the acquisition, Dhyanesh Sundarmurthy, Co-Head, RMB Capital India, who acted as OneVerse’s advisor on the transaction, said, “As the gaming industry continues to evolve at an unprecedented pace, strategic acquisitions such as OneVerse Gaming’s purchase of PokerSaint exemplify a forward-thinking approach to market expansion. By strategically integrating complementary assets and expertise, companies can position themselves to capitalize on the emerging opportunities and drive sustainable growth in this rapidly evolving sector.”
With this landmark acquisition of PokerSaint, OneVerse promises a new era of player-centric poker games and services. The two gaming brands aim to work together to reach more people who play games and thereby expand the gaming community in the country.
While the financial details of the acquisition deal have not been disclosed, OneVerse will retain PokerSaint’s workforce, highlighting a shared ethos and commitment to excellence. As the company continues on its acquisition spree, we expect further expansion and consolidation within the highly dynamic and competitive gaming sector of the country.
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