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In a significant move for the online gaming sector, Online gaming company Head Digital Works has acquired Deltatech Gaming Ltd, which operates Adda52, one of india’s oldest online poker platforms. This move is aimed at strengthening its online poker portfolio.
The acquisition will happen in two phases, totaling Rs 491 crore. Head Digital Works will first acquire 51% of Deltatech Gaming. After the merger, DeltaCorp Limited will hold a 5.7% stake in Head Digital Works, the parent company of A23, which launched its poker platform in October 2024.
The acquisition will help Head Digital Works use Adda52’s expertise and technology to boost its growth in the online gaming market.
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“The acquisition will enable us to offer an enriched gaming experience, drive technological advancements, and cater to the evolving preferences of our users. Adda52 has been a trailblazer in the online poker arena with an excellent platform and a strong, loyal user base. By combining our strengths, we aim to expand our poker business, accelerate growth through new avenues and create India's most comprehensive and diversified skill-gaming platform for our customers,” said, Deepak Gullapalli, Founder and CEO of Head Digital Works.
“We’re excited for this journey with Deepak and team, whose leadership has been instrumental in shaping the online Rummy market in India. We believe that this transaction will help Adda52’s leading position in the online poker market,” said Ashish Kapadia, Managing Director, Deltatech Gaming.
Head Digital Works creates and runs real-money gaming platforms like A23 Rummy and A23 Poker. A23 has over 75 million registered users in India across its A23 Rummy and A23 Poker segments.
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