Nazara Technologies said that it has wrapped up the previously announced INR 186.4 crores worth acquisition of OpenPlay Technologies, a skill gaming company based in Hyderabad. The deal was announced by the Indian gaming and sports media company in August 2021. Nazara Technologies acquired 100% of the shares of OpenPlay Technologies from Unnati Management Consultants […]
Nazara Technologies, an Indian gaming and sports media company, is set to raise INR 315.3 crores from marquee institutional investors in order to invest in growth initiatives and strategic acquisitions. The funds raising plan, which will be implemented through preferential allotment of fresh equity, has been approved by the company’s board. It remains subject to […]
Nazara Technologies said that its subsidiary — NODWIN Gaming, a Gurgaon-based esports company, has acquired the gaming and adjacent IP business of Only Much Louder Entertainment (OML Entertainment) for INR 73 crores. Through the deal, shareholders of the Mumbai-based OML Entertainment, including CA Media, will get partial liquidity. OML Entertainment owns and executed storied IPs […]
Nazara Technologies, an Indian gaming and sports media company, has acquired OpenPlay Technologies, a Hyderabad-based skill gaming company, for INR 186.4 crores. OpenPlay Technologies has a multi-game consumer gaming platform, operated under the “Classic Games” brand. Through the brand, the platform hosts skill-based games such as Fantasy Sports, Quiz, and Rummy. Presently, OpenPlay Technologies has […]
Nazara Technologies, an Indian gaming company, has incorporated Publishme Global FZ-LLC as a step down fully-owned subsidiary in Dubai Media City. Publishme Global has been formed by Nazara Technologies with paid up capital of AED 100,000, which has been split into 100 equity shares of AED 1000 each. Belonging to the gaming and publishing industry, […]
Nazara Technologies Limited has signed a binding term sheet to acquire a stake of 69.82% in Publishme, a games marketing and publishing agency, from Arrakis Tanitim Organizasyon Pazarlama San.Tic. Ltd. Sti for nearly INR 20 crore. Publishme is said to extensively work with gaming publishers in Turkey and the Middle East and North African (MENA) […]