13 Nov 2025 | 5 Mins Read
Sweden's Modern Times to list PlaySimple in $450m IPO
Flipitmoney
Modern Times Group plans a $450 million IPO for PlaySimple, its Indian game developer, to be launched in Mumbai. Founded in 2014, Bengaluru-based PlaySimple offers word games like Daily Themed Crossword. Modern Times acquired it in 2021 for $360 million. This IPO comes as India becomes the world's third-largest IPO market with $16 billion raised so far this year.