Yudiz Options, a blockchain, AI, and gaming firm based mostly in India, has obtained Nationwide Inventory Alternate’s approval for an SME IPO. With NSE’s nod, Yudiz Options will turn into the primary game-developing firm to get publicly listed.
Together with the upcoming IPO, the corporate additionally has plans to take a position roughly 80 million INR, round 1 million USD, for a brand new gaming studio and a multi-gaming platform.
“The brand new enterprise ventures will allow sectoral progress, present us with the required sources to drive innovation, broaden our recreation portfolio, elevate the gaming expertise, and develop gamer communities,” commented the chairman and director at Yudiz Options Bharat Patel.
“It’ll additionally allow us to forge strategic partnerships, appeal to prime expertise, and cement our place as sturdy contenders within the area,” Patel added.
Yearly, Yudiz plans to supply round 40 video games – high-quality titles for various platforms. The corporate will use cutting-edge expertise options mixed with the experience of Yudiz’s group to design and construct video games.
As one of many first corporations, Yudiz may even develop different publishers’ video games and grant entry to different builders to construct video games on its new gaming platform.