KRAFTON Acquires Stake, BluSmart’s Struggles, and Zaggle’s Global Ambitions

South Korea’s KRAFTON is now in the driver’s seat at Nautilus Mobile, snagging a controlling stake for ₹118 crore and bringing the Real Cricket franchise under its wing. Meanwhile, BluSmart is making an unexpected pivot, rolling out 300 EV cabs on Uber’s platform—because if you can’t beat them, might as well ride with them. And in fintech, Zaggle is tightening its global ambitions with a ₹41.31 crore majority stake in EffiaSoft, betting big on cloud-based ERP.

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“Kar Har Maidaan Fateh”: KRAFTON acquires controlling stake in Nautilus Mobile for Rs 118 Cr

KRAFTON’s Rs 118 crore acquisition of Nautilus Mobile marks a significant shift in India’s gaming landscape, as the South Korean giant takes control of the Pune-based studio.

With the Real Cricket franchise now under KRAFTON’s umbrella, the deal signals both expansion and consolidation—offering Indian game developers new opportunities but also raising questions about the future of homegrown studios. Meanwhile, JetSynthesys quietly steps away, closing its chapter as Nautilus’ majority investor.

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“Well Well Well… How TheTurntables ”: BluSmart to deploy 300 electric cabs on Uber’s platform

BluSmart, once Uber’s challenger in India’s EV ride-hailing space, is now quietly putting 300 of its own electric cabs on Uber’s platform.

With financial pressures mounting, this “experiment” feels less like innovation and more like a survival move. As The Morning Context first reported, the line between competition and compromise is getting blurrier.

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“Sochna Kya Jo Bhi Hoga Dekha Jaayega”: Zaggle acquires majority stake in EffiaSoft to expand global footprint

Zaggle is tightening its grip on the fintech space with a ₹41.31 crore deal to acquire a 51% stake in EffiaSoft.

By bringing the cloud-based ERP firm into its fold, Zaggle is looking beyond borders, eyeing global expansion. But as Koushik Shee and Akula Krishna Rao exit, the real question is—what’s next for EffiaSoft under its new majority owner.

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1. Smallcase has secured $50 million in a Series D round led by Elev8, aiming to broaden its investment offerings. With new backers on board, the platform is doubling down on retail investor engagement and financial partnerships.
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2. Expertia AI has raised ₹20 crore in a pre-Series A round led by Rockstud Capital to scale its AI-driven hiring platform. With backing from Flipkart and others, the startup is gearing up for tech expansion and faster product development.
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3. Lendingkart has closed its Series E round with Fullerton taking majority control after injecting ₹252 crore. With RBI’s nod, the fintech firm now looks to scale its reach and bolster its tech-driven credit underwriting.
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4. Bistro 57 has secured seed funding to scale its vegetarian-only café chain across India. The funds will fuel expansion, improve customer experience, and fortify its supply chain.
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