Nazara Technologies Company Profile, Funding News & Updates

This move follows the company's board approval in May 2024, which allowed investments of up to $2 million (Rs 16.6 Cr) in Play Ventures and $250K (Rs 2.1 Cr) in F4 Ventures.

This move supports Nazara’s goal to grow its global game publishing business. The acquisition will also give Nazara access to new platforms, game types, and markets in the global PC and console gaming space.

The NCLT’s Mumbai bench also resolved a dispute over the ownership of the Smaaash brand, ruling that its transfer to Fun Gateway Arena Pvt. by founder Shripal Morakhia was fraudulent and therefore cancelled.

Listed gaming giant Nazara Technologies has acquired an additional 8.97% stake in Absolute Sports Private Limited, making Sportskeeda’s parent company its fully owned subsidiary.

Listed gaming company Nazara has acquired a majority stake in Mumbai-based Funky Monkeys Play Centers Private Limited for Rs 43.7 crore (around $5.01 million).

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 20 January – 24 January 2025.

The Mumbai-based Online gaming firm Nazara Technologies has raised Rs 495 crore (nearly $60 million), led by Axana Estates LLP.

Nazara Technologies, a mumbai-based gaming and sports media company has increased its stake in Absolute Sports by 10.26% investing Rs 72.73 crore.

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 25 November – 29 November 2024.

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.