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ACQUISITION OF CURVE GAMES
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...- Gaming firm Nazara Tech to raise Rs 500 crore via warrantsGaming and sports media firm Nazara Technologies on Monday said its board has approved a proposal to raise Rs 500 crore through a preferent...
- Nazara Technologies to acquire 50% stake in Spain-based Bluetile, BestPlay for $100 millionGaming firm Nazara Technologies will acquire a 50% controlling stake in Spain’s Bluetile Games and BestPlay Systems for $100.3 million (Rs ...
- Nazara's Q1 net profit up 118%, revenue doublesNazara Technologies witnessed substantial growth in the June quarter. Net profit increased significantly, driven by its gaming portfolio. R...
- Nazara to de-subsidiarise Nodwin Gaming as esports arm raises fresh capitalDe-subsidiarisation will make Nodwin an associate firm of Nazara. However, Nazara will continue to remain the largest shareholder in Nodwin...
- Nazara Technologies shares in focus after Q4 revenue nearly doubles; net profit surges to Rs 4 croreNazara Technologies’ Q4FY25 revenue nearly doubled to Rs 520.2 crore, with net profit rising to Rs 4 crore. Despite higher marketing and em...
- Nazara Technologies Q4 revenue nearly doubles; net profit rises to Rs 4 croreNitish Mittersain, CEO of the online gaming company, said Nazara expects greater contribution from high-margin gaming businesses this year,...
- Nazara Tech Q4 results: Cons PAT doubles YoY to Rs 16 crore, revenue rises by 95%Nazara Technologies posted 90% YoY profit growth in Q4FY25 at ₹16 crore, with revenue surging 95%. FY25 EBITDA hit a record ₹153.5 crore, d...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Fintechs lose loan steam; Google’s AI platform shiftHappy Wednesday! Digital lenders bore the brunt of the slowdown in unsecured lending after a regulatory diktat last fiscal. This and more i...
- Nazara Technologies acquires UK’s console gaming publisher Curve Games for Rs 247 croreThis acquisition, the company's largest international deal, gives Nazara complete ownership of Curve, which has a strong portfolio of indie...
- H-1B visa slump; EaseMyTrip CEO under ED lensH-1B visa applications for FY26 dropped 25% as higher visa fees and a weak US economy dampened demand. This and more in today’s ETtech Top ...
- Looking into FY25, Nazara Technologies has a very good base to launch more aggressive growth: Nitish Mittersain“In the medium to long term, we are aiming to get our gaming margins above 25%. The right range is 25-30% and that is what we will keep str...
- What did Nazara learn from Rakesh Jhunjhunwala? Nitish Mittersain explains“Rakesh Jhunjhunwala invested in Nazara in early 2018 and I still remember meeting him in his conference room. It was a fanboy moment for m...
- Glance bets big on US expansion and NFT-tokensThe company will take its live commerce solutions including Roposo as well as its recent gaming acquisition, Gambit, to the US market over ...
- Development of yield curve, other measures by RBI to help market in a big way: Ashwani Bhatia“As the second Covid wave has hit us in a very significant manner in the last 15 days, some caution is warranted on the inflation front.”
- Startups on prowl for senior leadersOne crucial quality startups are looking for in candidates is the ability to manage an ambiguous environment in the post-pandemic world
- 25 years of reforms: Changing the mindset is crucial to keep up with competition, says Kumar Mangalam BirlaSo the first change that liberalisation entailed was a change in mindset, forgetting old ways of running business.
- We will continue to focus on acquisitions: Francisco D'souza, CEO, CognizantThere are pockets of strengths & weaknesses that offer opportunities for tech services cos that understand client needs, says D'souza.
- US LuxeYard teams up with Sashi Chimala for e-retail businessLuxeYard, best known for flash sales or heavy discounts for limited periods of time, is entering the booming Indian ecommerce market.
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