Event Capital has acquired an 80% stake in Indian Games Expo.

Event Capital, a live events intellectual property firm, has acquired an 80% stake in Indian Games Expo, which organizes gaming-focused exhibitions around India. Financial terms were not disclosed. “The gaming industry is an exciting space with inexplicable potential. This space has grown exponentially over the past couple of years with India becoming the 2nd largest in-game downloads and game sessions. Event Capital’s entry into this segment is a logical progression for us given our expertise in creating live event experiences. Being one of the strongest IPs in India in the gaming industry, IGX has managed to create a dedicated and strong community in itself. With a major acquisition in IGX, we plan on creating consumer experiences that can nurture and further grow this industry by leaps and bounds and take this IP to the next level. We also intend to boost this community with customized offerings.” Deepak Choudhary, Founder & Director, Event Capital.