India’s only listed gaming company Nazara Technologies has raised Rs 855 crore ($101 million) via a preferential issue, which saw participation from SBI Innovative Opportunities Fund, Junomoneta Finsol, and Think India Opportunities Master Fund LP, among others. The company has recently been on an expansion spree as it has been pushing inorganic growth via acquisitions, and is looking to enter international markets.
Nazara Technologies arm acquires AFK Gaming for ₹7.6 crore
Nazara Technologies Ltd on Thursday, December 19, said its subsidiary NODWIN Gaming, a leader in gaming, esports, and youth entertainment, has acquired gaming and esports media company AFK Gaming for ₹7.6 crore.
Axana Estates and Plutus Wealth Management, along with Junomoneta Finsol, have made an open offer to acquire up to a 26% stake in Nazara Technologies Ltd.
The acquisition of Fusebox Games is part of Nazara's aggressive expansion strategy, leveraging its strong cash reserves to build a robust gaming ecosystem. In addition to the Fusebox acquisition, Nazara Technologies has also received a letter of intent (LOI) for the acquisition of Smaaash Entertainment, a company currently undergoing insolvency.
Nazara Technologies to invest Rs 982 cr in PokerBaazi parent to boost its skill gaming presence
Nazara invests $117 million PokerBaazi parent Moonshine
Nazara Technologies to raise Rs 900 crore in its biggest fundraise; acquires additional stake in Absolute Sports
Nazara Technologies announces $100 million war chest for global expansion
Nazara Tech gets board nod to raise Rs 250 crore; buys 10.7% stake in Kofluence
Nazara’s NODWIN Gaming To Buyout Comic Con India For INR 55 Cr
Nazara Technologies to raise ₹250 crore through preferential issue
Fit to Lead | Nazara Tech’s Nitish Mittersain: ‘Israeli Krav Maga is physically challenging & mentally stimulating’
GAMING FIRM NAZARA KEEN TO LAUNCH HIGH-QUALITY MADE-IN-INDIA GAMES THROUGH ITS PUBLISHING VERTICAL
Buy Nazara Technologies; target of Rs 1080
Compellingbuy! Nazara Tech can rally up to 44%, says ICICI Securities
Zerodha Founders To Invest INR 100 Cr In Nazara
Zerodha's Kamath brothers to invest Rs 100 crore in Nazara Technologies
After Zerodha's Nikhil Kamath, SBI Mutual Fund to invest Rs 410 crore in Nazara Technologies
SBI MF buys 8% in Nazara for ₹410 crore
Nazara Launches Game Publishing Division For Indian Game Developers
Nazara Technologies launches ‘Nazara Publishing’
Nazara Technologies Q2 net profit surges 53%, revenue up 13%
Nazara Tech Q2 results: Net profit jumps 53.3%
Buy Nazara Technologies, target price Rs 911: Prabhudas Lilladher
Nazara Records 70% Jump In Revenues To INR 223 Cr In Q1 FY23
Nazara Technologies Reports Almost Fourfold Growth In FY22 PAT At INR 50.7 Cr
BloombergQuint – Rakesh Jhunjhunwala-Backed Nazara Technologies’ Stock Gains As FY21 Revenue Surges
Business Standard – Nazara Technologies clocks 84% jump in FY’21 revenue at Rs 454.2 cr
CNBCTV18 – Don’t have any debt on our books, confident of being profitable at PAT level: Nazara Tech’s Manish Agarwal
Krav Maga workouts kept Nazara Technologies founder fit during lockdown, also taught him business lessons
Nazara Technologies Becomes Majority Stakeholder In Halaplay
Nazara’s acquisitions will keep it up to speed on all things gaming. Next, becoming India’s Tencent.
Gaming firm Nazara acquires Sportskeeda
Inc42 UpNext: Nazara Bets On Its Gaming Ecosystem To Get India To Pay To Play
Nazara plans 20 startup bets in 2020
Will Nazara Technologies’ IPO Push The Company Into God Mode In The Indian Gaming Industry?
India’s gaming market seen growing on cheaper, faster data
Are You Game?
IIFL Fund picks up small stake in Nazara for Rs 330 crore
For Nazara’s IPO run, a long-haul horse
Ace investor Rakesh Jhunjhunwala picks up stake in Nazara in first digital bet
Nazara Games: Playing to Win
Nazara Games, Stick Sports to play cricket with Virat Kohli, Rohit Sharma
India’s Nazara Games invests in U.K. mobile studio Mastermind Sports
CNBC Awaaz (Hindi) | क्या है भारतीय Gaming Startups की स्ट्रैटेजी ?
13 September 2020
गेमिंग में आत्मनिर्भर बन रहा हैं भारत, चीनी ऐप बैन के बाद क्या है भारतीय गेमिंग स्टार्टअप की स्ट्रैटेजी। Vishal Gondal, Nitish Mitter Sain, और CO founder Inflection Point Ventures Ankur Mittal से जानिए Harshada के साथ.
ET Now’s | ‘Leaders of Tomorrow - Season 8
3 August 2020
The gaming industry in India is thriving, despite the widespread economic disruption due to Covid-19. As entertainment avenues became limited during the lockdown, gaming has become an engaging activity for people at home, especially teens looking for social interaction.
Republic World | Gaming post Covid
3 May 2020
Fab Hotels Co-Founder Adarssh Mnpuria & Nazara Technologies Managing Director Nitish Mittersain speak on Coronavirus’ (COVID-19) impact on digital, gaming platforms and hospitality industry.
ET Now | Top 3 games in India
27 Feb 2020
We caught up with Nitish Mittersain, Founder and MD of Nazara Technologies in between his gaming session to find out about the booming gaming industry, why investors are paying top dollar for online gaming and which games Indians are hooked onto!
CNBCTV18 | Games now a social platform; glorious decade ahead for gaming in India: Nazara
15 Oct 2020
India is now among the top five mobile gaming markets in the world with 365 million online gamers in 2019 which is estimated to increase to 440 million in 2 years.
PR Intimation Hasbro Kiddopia PJ Masks
PR Intimation Nazara Optimizes Gaming Portfolio with Strategic Sale of OpenPlay to Moonshine
PR Intimation Nazara reports highest ever EBITDA of INR 52.4 crores on record revenues of INR 534.7 crores in Q3FY25
PR Intimation Barbie Jan 31, 2025
PR Intimation Nodwin X Starladder
PR Intimation Nazara Raises INR 495 Crores and Trigger Open Offer
PR Intimation Absolute acquiers Deltias Gaming Aug 8, 2024
PR IntimationNODWIN x AFK Gaming
PR Intimation Kiddopia's Content with Moonbug
PR Intimation Nazara & Lysto sign LOI to launch “The Growth Protocol”
PR Intimation Nazara announces five investments totalling INR 196 Crores
PR Intimation Trinity X Nodwin in Investor in News
PR Intimation WTFund
PR Intimation Nazara Technologies Approves Merger with Paper Boat Apps
PR Intimation gCommerce_Unlocking a new era of In-Game Monetization Nov 13, 2024
PR Intimation Space & Time acquired by Datawrkz Operations October 30, 2024
PR Intimation August 08, 2024
Pref Press Release Sep 18, 2024
PR Intimation Nazara to invest INR 982 Cr. in PokerBaazi Sep 12, 2024
PR Intimation Investment in STAN Sep 11, 2024
PR Intimation revealed FAU-G gameplay trailer Sep 05 2024
PR Intimation MOU with Government of Telangana Sep 05 2024
PR Intimation July 19, 2024
Prfreaks Intimation June 28, 2024
PR June June 26, 2024
PR intimation June 05, 2024
PlutushPR May 27, 2024
PRESSRelease May 24, 2024
Press Release - March 13, 2024
PR Ninja - February 14, 2024
Press Release - February 06, 2024
Press Release Intimation
Nazara approves preferential issue of equity shares to Kamath Associates & NKSquared
Intimation of Press release titled Nazara approves INR 410 crore preferential issue of equity shares to SBI Mutual Fund
Intimation of Press release titled NODWIN Gaming’s Singapore arm acquires 100% stake in game marketing agency PublishMe
Nazara Technologies announces launch of “Nazara Publishing” for game developers
Nazara acquires majority in ad tech company Datawrkz (January 2022)
Nazara Acquires Licensed Merchandising D2C Brand Planet Superheroes. (January 2022)
Nazara Technologies’ subsidiary Nodwin Gaming to acquire 100% stake in Superhero Brand. (January 2022)
Nazara records Rs. 4,466 Mn revenue for 9MFY22, EBIDTA grows by 141% to Rs. 797 Mn for the same period (February 2022)
Nazara Technologies jumps 3% as firm to invest $2.5 million in BITKRAFT funds. (March 2022)
Nazara Tech Buys Majority Stake In Datawrkz & Rusk Distribution. (March 2022)
Plutus Wealth purchase Nazara shares worth INR 500 Cr from WestBridge (January 2021)
World Cricket Championship inks exclusive deal with Israel-based in-game ad solution provider Anzu to bring new-age blended ad technology (February 2021)
Nazara Technologies raises INR 100 Cr funding through Hornbill Capital (February 2021)
Nazara Technologies Limited Initial Public Offer to open on (March 17, 2021)
Business Update for the year ended on (March 31, 2021)
Nazara delivers 84% Revenue Growth, 508% EBIDTA Growth YoY resulting in healthy net profit after tax & strong operating cash flows (May 28, 2021)
The WCC franchise amassed 110 million downloads internationally and in India (March 2020)
WCC2 partners with MPL (Mobile Premier League) for Multiplayer e-sports Cash Tournament (March 2020)
Aakash Chopra joins online cricket with the world’s No.1 cricket game, World Cricket Championship (April 2020)
Aussie star Matthew Hayden joins the virtual gaming space (May 2020)
Matthew Hayden to recreate cricket experience during the lockdown (May 2020)
Nextwave Multimedia caters to 110 Million cricket fans during the lockdown (May 2020)
Prime Minister Shri Narendra Modi’s Swachh Bharat Abhiyan inspires Nazara’s new mobile game ‘Chhota Bheem Swachh Bharat Run’. (January 2019)
World Cricket Championship 2 Named one of the top 10 Games by App Annie Report (January 2019)
Nazara Technologies Ltd. and Delta Corp Ltd. invest INR 40 crores in HalaPlay (March 2019)
Batting for the win: How top gaming and digital advertising platforms plan to leverage India’s passion for cricket to drive brand engagement (March 2019)
Nazara Technologies invests in BakBuck, a social contesting platform targeting the next 100 million India women (May 2019)
Nazara selects DT One to deliver incentive marketing solutions for Africa’s gaming consumers (June 2019)
Nazara Technologies Brings its Popular Games to Amazon Fire TV (April 2018)
Nazara Technologies sets up operations for ‘Real Money Gaming’ in Kenya (June 2018)
Nazara Technologies acquires a minority stake in CrimzonCode (July 2018)
Nazara Technologies invests in InstaSportz marking their entry into offline and VR gaming (August 2018)
Nazara Technologies’ subsidiary Next Wave Multimedia strikes a partnership with Cricket Australia (September 2018)
Nodwin Gaming brings DreamHack to India / Asia (September 2018)
Nazara Games to launch a professional eSports league in India (February 2017)
Nazara Games to invest USD 20 million to develop an eSports ecosystem in India (February 2017)
Nazara Games partners with Royal Challengers Bangalore to build the largest cricket community on mobile (April 2017)
Nazara Games partners with ‘Hrithik Roshan’ to develop a bike racing game (August 2017)
Nazara Games invests in Moong Labs to tap the mobile gaming market globally (August 2017)
Nazara wins for ‘Sportsie’ at mBillionth Awards (August 2017)
