Post-IPO, Nazara makes its first acquisition

India’s home grown Nazara Technologies announced on Thursday that it has signed a binding term agreement to acquire majority stake in PublishME. PublishME is the largest mobile game publishing agency in the Middle East and Turkey. Nazara will invest approximately INR 20 Crore for acquiring 69.82% stake in the company. The deal will be done…

ByGirish ShettiJune 17, 20210Comments

News

Nazara claims 84% YoY Revenue Growth in FY21 in its Unaudited Report

After a stellar IPO debut, Nazara has reported an impressive consolidated revenue of 4,542 Mn INR in FY21, which the Mumbai-based company claimed that this is an 84% YOY growth over FY20’s consolidated revenue of 2,475 Mn INR. However, the company has categorically stated that these SEBI complied figures are part of its unaudited report. In…

ByGirish ShettiApril 23, 20210Comments

News

Nazara buys Kae Capital’s stake in Halaplay for INR 14.6 Cr

Global gaming and sports media company, Nazara Technologies, has bought Kae Capital’s stake in Halaplay Technologies Pvt. Ltd for INR 14.6 crores. Both are existing investors in Halaplay Technologies – a fantasy sports company. Following this equity swap exercise Nazara has now become the largest stake holder in Halaplay. Nazara invested in the Bengaluru based sports…

ByGirish ShettiJune 12, 20200Comments

Acquisitions

Gaming company Nazara is planning for a major Acquisition spree in India & Africa: Report

Mumbai based mobile gaming company Nazara Technologies is planning for a major acquisition spree to buy promising companies across India and Africa, according to media reports. The gaming company is planning to buy at least four companies based in the domestic Indian market as well as in different African countries. Nazara’s decision to target African market…

ByGirish ShettiOctober 15, 20180Comments

Best Choice for Creatives