NODWIN Gaming, South Asia’s foremost gaming and esports media company, a material subsidiary of Nazara Technologies Ltd (BSE: NAZARA), has successfully acquired a 100% stake in game marketing agency PublishME. This strategic move, valued at USD 2 million, involved the acquisition of shares from Nazara Technologies Limited and Ozgur Ozalp, the existing shareholders. The integration […]
India-based diversified gaming and sports media platform, Nazara Technologies Limited (BSE: 543280) (NSE: NAZARA), announced that its board has approved the issuance of 57,42,296 Equity Shares at a price of Rs. 714 each. This preferential issue on a private placement basis to SBI Mutual Fund amounts to INR 4,099,999,344 (approx INR 410 crores). Schemes Through […]
Nazara Technologies Limited, a diversified gaming and sports media platform based in India, has announced its board’s approval for a preferential allotment of equity shares. The fundraising aims to generate up to INR 100 crores, contingent upon shareholder and regulatory approval. The proposed issue involves 14,00,560 equity shares, each with a face value of Rs. […]
Leading diversified gaming and sports media platform, Nazara Technologies Limited (BSE: 543280) (NSE: NAZARA), has broadened its international portfolio by investing a substantial USD 500,000 (equivalent to INR 4.15 cr) in Israeli game developer Snax Games Ltd via its Singapore arm, Nazara PTE Ltd. The alliance goes beyond just investment. Nazara Technologies has inked an […]
Indian gaming and sports media company Nazara Technologies said that its material subsidiary NODWIN Gaming is set to raise INR 232 crores ($28 million) from new and existing investors. In this connection, NODWIN Gaming, which is a gaming and esports company, has inked definitive and binding documentation to secure the investment from five investors. According […]
Nazara Technologies said that its subsidiary Absolute Sports, the parent company of Sportskeeda, has acquired a stake of 73.3% in Pro Football Network (PFN) for INR 16 crores ($1.8 million). Pro Football Network is engaged in covering and analyzing the NFL and college football. In the year 2022, Pro Football Network earned revenues of $2.1 […]
Nazara Technologies revealed that two of its step-down subsidiaries Kiddopia and Mediawrkz have cash balances of $7.75 million (INR 64 crores) in the troubled Silicon Valley Bank (SVB). Presently, Silicon Valley Bank has been placed under the receivership of the Federal Deposit Insurance Corporation (FDIC). Kiddopia is a fully-owned subsidiary of Paper Boat Apps in […]
Nazara Technologies, an Indian gaming and sports media company, has acquired WildWorks, an American children’s interactive entertainment company, in an all-cash deal worth $10.4 million. Established in 2003, WildWorks is a game studio focused on the children’s market for the 8-12 age group. Its mobile apps are claimed to have drawn more than 150 million […]
Nazara Technologies said that Nodwin Gaming Private Limited, its material subsidiary, has closed acquisition of a 35% stake in Brandscale Innovations for INR 10.01 crores. Nodwin Gaming picked up the stake in the Nagpur-based Brandscale Innovations by subscribing to 567 equity shares having a face value of INR 100. Brandscale Innovations is engaged in trading […]
Nazara Technologies, an Indian gaming and sports media company, said that it will invest up to $4 million (INR 30 crores) in Griffin Gaming Partners’ Griffin Gaming Partners Fund II. Griffin Gaming Partners is a global venture fund that focuses exclusively on gaming. Nazara Technologies will make the investment through its fully-owned subsidiary — Nazara […]