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Nazara Tech shares tumble over 8% intraday post Rs 1,120 crore GST noticeOn Thursday, shares of Nazara Technologies, an online gaming and sports company, dropped by up to 8% to Rs 845.65 on the BSE. This decline ...- Nazara Technologies' two subsidiaries get Rs 1,120 crore GST demand noticeAccording to an exchange filing, the Director General of GST Intelligence in Kolkata issued show cause notices to Openplay Technologies and...
- Nazara CEO on esports and other key growth drivers in FY23"For next few quarters – we expect esports to continue to build on the momentum of Q4 and with opening of offline events and growth of D2C ...
- Nazara Technologies clocks 84% jump in revenue in FY21The gaming company expressed confidence that it will continue to drive profitable growth.
- Nazara a niche play for seasoned investorsThe company operates in a fast growing business category and has shown a sharp revenue growth in the past fiscal and the first semester of ...
- Fantasy sports in India gaining fast popularity on the back of IPLThe fantasy sports market is big business. In the US, it is a $7.8 billion market in 2020. In India, a FICCI-EY report said the online gami...
- Fantasy gamers' e-spends may hit $1 billionThe fantasy gaming market saw 167% growth in the contest entry amount (CEA) to Rs 16,500 crore in FY20, according to a report by industry b...
- Nazara acquires majority stake in children’s ed-tech app KiddopiaKiddopia will also step up hiring across all levels, including middle to senior management.
- Nazara buys Kae Capital stake worth Rs 14.6 crore in Halaplay TechnologiesNazara has invested in Halaplay over the years in two tranches.
- Telegram takes off in India as startups drive adoptionAccording to Prabhu Ram, head, Industry Intelligence Group at CyberMedia Research, businesses prefer Telegram because it marries capabiliti...
- Nazara invests Rs 7.5 crore in Qunami creator Sports UnityNazara has previously backed companies like Halaplay, Sportskeeda, Mastermind Sports, MoongLabs and NZ World Kenya.
- Businesses find Telegram a faster route to usersThe secure messaging app has become the destination of choice for businesses to onboard and retain customers.
- The game is on: Online gaming companies on a talent huntIndustry players offering Rs 5-6 lakh to freshers & are going up to Rs 1 crore for experienced workers.
- Silicon Valley’s AngelList at work on India-dedicated fund‘The Collective’ will deploy about ₹1 crore each across 60-80 companies annually and give access to quick capital to its Syndicate leads.
- Nazara, Delta Corp invest Rs 40 cr in Halaplay TechThe startup, which operates a daily fantasy sports platform and counts Kae Capital as a seed stage investor, plans to use the funds to boos...
- Nazara buys a stake in CrimzonCodeCrimzonCode runs Top Quiz, a quizzing game that allows players to win real money.
- This IPO-bound firm has Jhunjhunwala backing, to exploit betting on 2018 FIFA World CupThe company plans exploit betting in sports and the fantasy market in the African countries.
- Will Nazara’s IPO mainstream Indian gaming industry?While India’s consumer internet market is dominated by cashguzzling businesses reporting huge losses, the 19-year-old Nazara was able to bu...
- Turtle Entertainment picks up small stake in Nazara GamesThe Indian e-sports gaming company has a five year contract with ESL, with the focus being on developing the e-sports gaming market across ...
- Kae Capital, Nazara Games invest in fantasy sports platform HalaPlayThe platform uses analytics and machine learning to help gamers analyse their playing behaviour and enable them to improve their fantasy sk...
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