Datawrkz, a subsidiary of Nazara Technologies Limited, has acquired a majority stake in the UK-based growth marketing agency, Space & Time, for approximately GBP 4.8 million (INR 52.3 crores) in a cash and stock deal. This strategic move is set to accelerate Datawrkz’s growth ambitions across Europe and North America, positioning itself as a significant […]
Nazara Technologies Limited, a leading Indian gaming and sports media company, has secured its largest-ever fundraise of ₹900 crores. The preferential equity issue, approved by the board of directors, is designed to fuel the company’s expansion plans, including strategic acquisitions and enhanced growth opportunities. This fundraise will significantly strengthen Nazara’s financial base, placing it in […]
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 […]
Nazara Publishing, a division of Nazara Technologies—India’s sole publicly listed gaming company—has announced a significant publishing partnership with nCore Games for the release of FAU-G: Domination. This latest installment in the FAU-G franchise is anticipated to build on the success of its predecessor, which amassed up to 50 million downloads. Pre-registrations for FAU-G: Domination are […]
Mitter Infotech LLP, a key promoter of Nazara Technologies Limited, has executed a significant transaction, selling 4,884,000 equity shares or 6.38% of the issued share capital. This block trade was conducted on May 27, 2024, through the stock exchange’s block deal window, involving Plutus Wealth Management LLP as the buyer. Transaction Details and Strategic Rationale […]
In a bold move that underscores its ambition to become a global powerhouse in the gaming and esports sector, Nazara Technologies Limited (NSE: NAZARA) has announced plans to allocate US$100 million (~INR 830 cr) towards mergers and acquisitions (M&A) over the next 24 months. This strategic pledge follows a successful fundraise of Rs. 760 crore […]
In a landmark deal that is set to reshape the landscape of the entertainment industry, NODWIN Gaming, a leading name in South Asia’s esports and gaming sector and a key subsidiary of Nazara Technologies, has announced its acquisition of Comic Con India, the premier organizer of pop cultural festivals in India. This strategic move, valued […]
Nazara Technologies Limited, a diversified gaming and sports media platform based in India, has announced a strategic move in the gaming industry. The company’s board has approved the acquisition of a 10.77% stake in Kofluence Tech Private Limited from certain existing investors, in a share swap transaction. Acquisition Details and Share Swap Transaction The transaction […]
Nazara Technologies Limited, a prominent player in the gaming and sports media industry, has taken a significant step forward in promoting the “Make in India” vision within the gaming sector. The company announced its collaboration with four distinguished Indian game studios, marking a new era in the Indian gaming landscape. Diverse Portfolio of Games and […]
In an exciting development for the gaming industry, Nazara Technologies Limited, a leader in diversified gaming and sports media, has announced the inauguration of its new game publishing division, “Nazara Publishing.” This launch marks a significant milestone, positioning the company as a pivotal player in game publishing, both in India and internationally. Empowering Game Developers […]