Nazara Technologies

Nazara CEO Manish Agarwal resigns; founder Mittersain to take over

SportzPower Team

Oct 21, 2022 11:10

Read more about Nazara CEO Manish Agarwal resigns; founder Mittersain to take over
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MUMBAI: Nazara Technologies on Thursday announced that its CEO Manish Agarwal is stepping down from his position effective 1 December.

As per an official release, while Agarwal has decided to pursue entrepreneurial avenues, he will remain associated with Nazara Technologies as a nominee on the boards of material subsidiaries.

Mar 18, 2021 12:03

1st IPO from an Indian gaming co. heavily oversubscribed

MUMBAI: The initial public offering of India-based gaming and sports media platform Nazara Technologies was subscribed 6.89 times by the Thursday morning, March 18, the second day of the IPO's opening, Moneycontrol reports. The IPO closes for subscription on Friday, March 19.

Mar 17, 2021 19:03

Nazara IPO opens, marks India's 1st gaming co. public issue

MUMBAI: Mobile gaming company Nazara Technologies opened its Rs 5.83 billion initial public offering on Wednesday. The IPO, the first from an Indian company in the pure play gaming business, has received an enthusiastic 'subscribe' rating from analysts.

Feb 10, 2021 12:02

Nazara raises Rs1bn funding through Hornbill Capital

BENGALURU: IPO-bound Nazara Technologies Limited Tuesday announced that the Indian gaming and sports media platform has raised Rs 1 billion from Instant Growth Limited (IGL), which is advised by Hornbill Capital Advisers LLP. IGL is an investment vehicle of the North America based limited partners (LPs) of Hornbill Orchid India Fund.

Jan 18, 2021 12:01

Nazara Technologies becomes 1st Indian gaming major to file IPO

MUMBAI: Nazara Technologies has become the first Indian gaming technology company to seek a market debut, having filed initial public offering documents with the market regulators on Friday.

Jun 12, 2020 16:06

Nazara buys out Kae Capital stake in Halaplay

MUMBAI: Mobile gaming company Nazara Technologies has made an additional investment in fantasy sports startup Halaplay Technologies Pvt Ltd through an equity swap of stocks from Kae Capital worth Rs 146 million. The fresh funding makes the Mumbai-headquartered firm a majority stakeholder in Bengaluru-based Halaplay.

Mar 18, 2020 17:03

World Cricket C'ship mobile game claims 110m+ downloads

MUMBAI: Nextwave Multimedia, a subsidiary of leading Indian game developer Nazara Technologies, has announced that its franchise World Cricket Championship (WCC) has amassed 110 million downloads, and laying to the status of the world’s no. 1 mobile cricket game.

Nov 23, 2019 13:11

Nazara parks $20m for investment in sports startups in 2020

MUMBAI: Nazara Technologies, an interactive gaming and sports media company, has said that it plans to invest up to $20 million in startups in India, Africa and Middle East in 2020. The company has already undertaken transactions worth $50 million in 13 startups in the last two years and has been the most aggressive investor in the gaming and sports ecosystem in India.

Sep 18, 2019 15:09

Nazara invests Rs75m, takes controlling stake in Sports Unity

MUMBAI: Nazara Technologies, a leading global interactive gaming and sports media company invests Rs 75 million in Sports Unity, which owns Qunami, a short format, multiplayer quiz game in India. Leading Delhi-based lawyer Vaibhav Gaggar has also participated in the round.

Aug 23, 2019 16:08

Nazara acquires 67% stake in Sportskeeda parent co.

MUMBAI: Mobile gaming company Nazara Technologies Limited has acquired a 67% stake in Absolute Sports Private Limited, the parent company of sports news website Sportskeeda for a total consideration of Rs 440 million.

Jul 12, 2019 18:07

Nazara acquires SportsKeeda, SportsUnity: Report

MUMBAI: Investment action is heating u and how in the Indian sports content arena and how. A little under three months since fantasy sports platform Dream11 announced the launch of FanCode, an "ad-free multi-sport aggregator platform, offering a wide spectrum of content, commerce and community engagement", rival gaming company Nazara Technologies is making some big moves of its own.

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