Nazara Technologies

News and Trends

NODWIN Gaming Secures INR 64 Cr Investment from Nazara Technologies

The raised funds will be primarily allocated to fuel NODWIN Gaming's ongoing expansion momentum, focusing on enhancing its capabilities, growing its portfolio of intellectual properties (IPs), and strengthening its presence in emerging markets.

News and Trends

Nazara Expands Gaming Portfolio with INR 196 Cr Investment Across Five Companies

The raised amount is going to be invested in Funky Monkeys, Learntube.ai, and subsidiaries including Nodwin Gaming, Sportskeeda, and Datawrkz, bolstering gaming, education, and entertainment ecosystem for strategic growth.

News and Trends

Nazara Technologies Secures INR 855 Cr in Preferential Issue for Expansion

The allotment has received in-principle approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), with final approvals for listing and trading expected shortly.

News and Trends

Nazara Technologies Secures INR 75 Cr Loan from Kiddopia

Kiddopia will disburse INR 75 crore (approximately GBP 6.8 million) to Nazara UK in one or more tranches. This internal funding is earmarked for business purposes and the repayment of existing loans, all in accordance with applicable laws.

News and Trends

Nazara Technologies Secures INR 220 Cr from SBI Funds Management

Under the agreement, Nazara will issue 23.5 lakh equity shares to the SBI fund at a price of INR 954.27 per share, generating a total of INR 219.99 crore.

News and Trends

Nazara Technologies Acquires 47.7% Stake in PokerBaazi's Parent Moonshine Technology for INR 982 Cr

Nazara Technologies has made strategic acquisitions in six startups since FY25, including e-sports startup STAN, Fusebox Games, Paper Boat Apps, and assets of DeltiasGaming, strengthening its gaming portfolio.

News and Trends

Nazara Technologies Acquires 15.86% Stake in Blockchain E-Sports Startup STAN

The acquisition follows Nazara's recent USD 27.2 million purchase of UK-based Fusebox Games Limited and other strategic deals, including the acquisition of Kiddopia's developer Paper Boat Apps and the IP rights of Ultimate Teen Patti.

News and Trends

Nazara Technologies Acquires UK-Based Fusebox Games for INR 228 Cr

This acquisition is part of Nazara's broader strategy to diversify and strengthen its portfolio.

News and Trends

Nazara's Absolute Sports Acquires Assets of US Gaming Content Platform DeltiasGaming.com

With this acquisition, Absolute Sports aims to deepen its presence in the gaming and esports media publishing sector in the US region.

Technology

The Man Behind India's Only Listed Gaming Company: Nitish Mittersain

Up next, Nitish is looking forward to more acquisitions in the coming time

News and Trends

Sportskeeda's Parent Absolute Sports Acquires SoapCentral for USD 1.4 Mn

For Absolute Sports, this is their second acquisition in the US sports media sector. Absolute Sports had acquired a 73.27% stake in US-based Pro Football Network LLC earlier this year.

News and Trends

Circle of Games Raises USD 1 Mn from Nazara Technologies and The Hashgraph Association

The gaming platform intends to use the fresh funding to fast-track its go-to-market strategy, improve platform capabilities, and widen its international presence in the US, EU, Middle East & Africa, and Asia in 2024.

News and Trends

Nazara Technologies Pledges USD 100 Mn for Global Expansion

The Mumbai-based startup will focus on established gaming IP's, studios and also those advancing in cutting-edge technologies like web3, virtual reality, and AI.