Nazara Technologies acquires 47.7% stake in PokerBaazi owner Moonshine Technology for Rs 982cr
Nazara Technologies Limited, India’s leading publicly listed diversified gaming and sports media company, has made a monumental move by acquiring a 47.7% stake in Moonshine Technology Private Limited—the parent company of PokerBaazi—for a staggering INR 832 crores through a secondary transaction. In addition, Nazara Technologies will inject INR 150 crores in primary capital into Moonshine […]