Nazara Technologies, a gaming and esports firm based in Mumbai, has achieved the 8th rank on the worldwide list of gaming acquirers, as stated in the most recent study by Drake Star Partners’ Global Gaming study for Q2 2024.
Significantly, the Indian gaming firm has outperformed renowned corporations like MTG and Atari, which held the ninth and tenth positions, respectively.
Nazara Technologies is focused on uncovering possibilities in the global gaming, esports, and ad tech sectors.
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The company has a specific interest in well-established gaming intellectual properties (IPs) and studios, particularly those that are making progress in innovative technologies like as Web3, Virtual Reality, and AI.
In the beginning of this year, Nazara set aside $100 million specifically for mergers and acquisitions (M&A). Nazara’s significant investment is a key component of its plan to broaden its international presence and sustain its growth trajectory.
Nitish Mittersain, CEO and Founder of Nazara Technologies said: “This is extremely encouraging as Nazara is set for more international acquisitions in 2024. We are honored to be recognized on the global stage. This ranking is not just a win for Nazara but for the entire Indian gaming community. Together, we are making India a global gaming giant to reckon with.”
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