Kwalee plans $30M investment in India
UK-based game developer and publisher Kwalee announced on Tuesday that it is looking to invest USD 30 million (about Rs 221 crore) in its India operations over the next five years.
The Leamington Spa-headquartered firm had revealed strategies to establish its first overseas studio in May last year in Bengaluru, originally creating the team on a remote basis due to the ongoing pandemic.
In a conversation with PTI, Kwalee CEO and founder David Darling CBE said the Bengaluru team already has about 50 people and the company is now thinking about a significant expansion.
‘We have around 80 current vacancies in India across all disciplines and 25 new vacancies in the UK. A major part of the USD 30 million investment will be on the people front,’ he added.
Team members in India have already contributed to the development of games like BladeBlade Forge 3D (20 million+ downloads), Teacher Simulator (more than 25 million downloads), and Let’s Be Cops 3D (over 21 million downloads).
Darling said while India has an important role in game development, it also has more downloads of its mobile games than any other country.
Darling, who co-founded Codemasters in 1986 and paved the way for the midlands gaming hub now known as ‘Silicon Spa’, said the company is also planning to publish games on PC and console platforms.
‘The vision from the start was for our teams in the UK and India to collaborate as though they were one studio, and even under difficult circumstances, we’ve seen the fruits of that with great games and a fundamental contribution from our colleagues in Bengaluru.’
‘Our projected investment shows our commitment to continue building this amazing team and to maintain our rapid growth as we build a global team to make global hits,’ he added.
The Indian gaming space will immensely benefit if the investment comes through and small companies would be able to grow their business.Shishir Gupta, Founder and CEO, StartupLanes
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