KPIT Becomes Majority Shareholder of N-Dream

(CONNECT) KPIT Technologies Limited, an Indian company based in Pune, has increased its stake in Zurich-based start-up N-Dream to 88.9 percent. According to a Startupticker article, KPIT wants to integrate N-Dream's AirConsole into its software services with the 16.35 million euro acquisition. This would allow the company to expand its offering and create new, monetizable experiences for automotive customers. Following the takeover, N-Dream will operate as a subsidiary of KPIT.

The AirConsole, an online video game console from N-Dream, is based on cloud OTA (over-the-air) technology that enables mobile gaming on vehicle entertainment systems. The console offers over 180 games of various genres, such as UNO Car Party, Pictionary Car Party or PAC-MAN. N-Dream already serves automotive customers such as BMW, Audi, Volkswagen and Porsche.

KPIT first invested in N-Dream as a minority shareholder in 2023 and 2024 and has increased its stake to a total of 88.9% of the equity via its subsidiary KPIT Technologies (UK) Limited. The investment in N-Dream is part of KPIT's strategy to enable automotive OEMs to improve the driver and passenger experience. At the same time, KPIT wants to offer N-Dream's automotive customers complementary software integration and validation services. "Together with KPIT, we are shaping the future of in-car entertainment and redefining how people can have fun on the go," explains Ondrej Zak, Head of Operations at N-Dream.

Following the takeover, N-Dream will retain all 20 employees and will continue to be managed by the current CEO of N-Dream, Anthony Cliquot. Andrin von Rechenberg will also remain Chief of Innovation, while Tobias Schneider will also remain as CFO. The plan is to double the number of employees by 2026. ce/nta