Nazara Technologies Limited, the social gaming and eSports company, has its eyes set on expansion into real money. According to a report in the Economic Times, the firm is reportedly shopping several companies in the real-money gaming industry in Africa and India. The moves come ahead of the company’s planned public market entry scheduled for early next year.

Nazara is backed by WestBridge Capital and Rakesh Jhunjhunwala, IIFL, two large investment firms. The company is said to be in discussions with at least four entities in Africa and India to acquire several properties. Nazara will reportedly spend between $6.77 million and $10.01 million for the acquisitions, which could take place as soon as the end of October.

The company is already involved in fantasy sports, having invested in the Halaplay fantasy sports portal. It has also expressed interest in getting into real-money action through games such as poker and rummy. Nazara is also a financial backer of companies such as Mastermind Sports, Crossgate Solutions, NODWIN and Moong Labs.

This past June, Nazara made a small step into Africa when it made an investment in NZWorld Kenya Ltd., a sports gambling operation in the African nation. That investment saw Nazara pick up 70% of the company.