India’s oldest gaming company, Dhruva, was bought by one of the biggest, Rockstar Games. The deal was inked for ₹550 crore. In the past, Dhruva has worked on numerous triple-A titles. The parent company, Starbreeze, has agreed to sell about 91.82% stake. Dhruva was founded back in the of last millennium, 1997.
The famous Kaun Banega Crorepati game in India was released by Dhruva. Since its beginning, 1997, Dhruva has held its ground in the Indian video game productions.
This deal comes amidst the ongoing shift of gaming paradigm. Moving from static, hardware-limited games, tech giants are trying to shift to cloud-based gaming. More of this confirmed as Google Stadia is launched with a similar motive. Also, the recent deja-vu partnership of PlayStation and Xbox was based on the same.
Read more: Gaming rivalry to meet on a common ‘cloud’
Rockstar to stock up its inventory
With an aim to expand and diversify the team, Rockstar bought India’s oldest in-home gaming company. While the gaming giant has produced one of the highest grossing games like GTA and Red Dead Redemption, Dhruva also has some of the best upon its desk as well.
Rajesh Rao, founder of Dhruva Interactive, will continue working with both the companies for the transition period to pass smoothly.
Dhruva Interactive has been a beacon of Indian game development for decades and we are excited to bring them into the family,
– Daniel Smith (Studio Manager, Rockstar India)