Nazara Technologies Limited, a diversified gaming and sports media platform announced an investment of USD 500,000 (approx. INR 4.15 cr) via its wholly owned Singapore subsidiary Nazara PTE Ltd in Israel based game developer Snax Games Ltd. Nazara Technologies has also entered into a publishing agreement with Snax Games through which it has acquired the…
Gaming & sports media platform, Nazara Technologies Limited, announced the appointment of Sudhir Kamath as Chief Operating Officer of the company, with effect from October 20, 2022. Nitish Mittersain, Founder, will be the new CEO of the company, with effect from December 1, 2022. He succeeds Manish Agarwal, who has resigned as CEO effective Dec…
Nazara Technologies Limited (NAZARA), an India-based diversified gaming and sports media company, announced the acquisition of leading U.S. children’s interactive entertainment company WildWorks earlier today. Nazara will acquire 100% of the company and its IP from existing shareholders in an all-cash transaction. WildWorks revenues were US$13.8 million in CY21 and US$5.8 million in H1CY22, and…
Nazara Technologies, a gaming and sports media platform, appointed Anupriya Sinha Das as their new Head of Corporate Development. Her role encompasses investor relations, fund raising as well as working on various strategic initiatives for the company, a statement said. Anupriya has a total of 13 years of experience across Private equity, Investment banking and…
Nazara Technologies Limited, an India based, diversified gaming and sports media company and its wholly owned subsidiary Nazara Technologies FZ LLC (Nazara Dubai) announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund. Nazara Dubai is a Limited partner in Griffin Gaming Partners Fund II, L.P for a…
Nodwin Gaming Private Limited, a subsidiary of Nazara Technologies, announced it has acquired 51 per cent stake in Rusk Distribution Private Limited. According to the company’s exchange filing, “we hereby inform that Nodwin Gaming Private Limited (“Nodwin”), a material subsidiary of the Company, on February 28, 2022, has acquired 5,100 equity shares of Rs. 10/-…
Nazara Technologies Limited, an India based, diversified gaming and sports media company, announced that it has entered an agreement to acquire a 55% stake in programmatic advertising and monetization company Datawrkz. Nazara will acquire a 33% stake (INR 60 crores payable of which INR 35 crores is partly payable in cash and the balance consideration…
Nazara Technologies Limited, an India based, diversified gaming and sports media platform, announced that its board has approved preferential allotment of fresh equity to raise INR 315.30 Crores from marquee institutional investors subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable. The Company will issue…
NODWIN Gaming, South Asia’s leading esports company, and an independent subsidiary of Nazara Technologies Limited, has acquired the Gaming and adjacent IP business of OML Entertainment. NODWIN Gaming has agreed to a consideration of INR 73 crores as part of an agreement concluded between NODWIN Gaming and OML Entertainment, according to the company’s statement. Ajay…
Nazara Technologies Limited, an India based, diversified gaming, gamified learning and sports media company, announced that it has signed a binding term sheet to acquire a majority stake in Arrakis Tanitim Organizasyon Pazarlama San. Tic. Ltd. Sti. (Publishme), the largest mobile game publishing agency in the Middle East and Turkey. Nazara will invest an approx.…
Nazara Technologies, a Mumbai-based gaming and sports media company, announced that it has made an additional investment in fantasy sports startup Halaplay through an equity swap of stocks from Kae Capital worth Rs 14.6 crores, according to an ETtech report. Post investment, Nazara becomes a majority stakeholder in Bengaluru-based Halaplay Technologies. Nazara has invested in…