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NAZARA TECH FUNDING
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’ Q3 net profit drops 53% amid mounting expensesExpenses at the online gaming company rose 76% to Rs 530.9 crore, driven by a threefold rise in ad and promotional costs and an 86.5% incre...
Nazara Tech shares in focus after raising Rs 855 crore via preferential issue to fuel expansionNazara Technologies' shares are in focus after raising Rs 855 crore ($100 million) through a preferential issue of 8.9 million equity share...
Nazara to raise Rs 900 crore, hikes stake in Absolute Sports to 91%This is Mumbai-based Nazara's largest fundraise so far. Investors in the round included SBI Mutual Fund, CaratLane founder Mithun Sacheti, ...
Gaming firm Nazara Technologies raises Rs 250 crore in funding from ICICI Prudential, Nikhil KamathEntities related to Nikhil Kamath invested a total of Rs 100 crore, while entities related to ICICI Prudential put in Rs 75 crore. The rema...
Mutual Fund Tracker: How money managers tweaked their portfolios last monthA look at the top additions for three consecutive months shows that mutual funds have been consistent buyers in RIL, HDFC Bank, ICICI Bank,...
Nazara Tech raises Rs 410 crore from SBI Mutual FundThe firm’s board approved the issue of 5.7 million equity shares at Rs 714 per share to SBI Mutual Fund.
After Kamath brothers, Nazara to issue Rs 410 crore worth of shares to SBI MFThe gaming company will use the funds to invest in funding requirements and growth objectives of the company including for making strategic...
Nazara Tech to raise Rs 100 crore from Zerodha’s Nikhil Kamath; shares soar 12%Shares of Nazara Technologies jumped over 12% to hit a 52-week high of Rs 854 on the NSE on Monday after the company approved preferential ...
Nazara Technologies board approves raising of up to Rs 750 crore through equity issueThis will be the first fundraise activity by the company after its initial public offering (IPO) in March 2021, when it raised Rs 583 crore.
Nodwin Gaming raises $28 million in funding from Nazara, Sony, KraftonAccording to a regulatory filing by Nazara, the funding round values Gurgaon-based Nodwin Gaming at $325 million pre-money, and $349 millio...
This FII picks up stake in Jhunjhunwala-owned gaming stock via bulk dealFrench-based investment company Societe Generale has acquired a stake worth INR33.83 crore ($4.5m) in Indian diversified gaming and sports ...
SVB fall: US admin's statement positive outcome, gives confidence on recovery of money, says Nazara Tech CEOThe two subsidiaries have working capital to meet their requirements, including payroll, Nitish Mittersain, Founder and CEO of Nazara Techn...
Rakesh Jhunjhunwala-backed Nazara Tech now a leading gaming companyAs the Indian game developers begin to expand their global footprint, shares of ace investor Rakesh Jhunjhunwala-backed online gaming compa...
Nippon India Small Cap mutual fund review: Solid long-term track recordEven with bloated portfolio, the fund has put in a good show in recent years and enjoys a solid longer term track record. Yet, investors sh...
- Rakesh Jhunjhunwala-backed Nazara Tech raises fresh capital
Nazara Technologies issued 1.42 million shares to Gamnat Pte and Plutus Wealth Management at Rs 2,202 per share, a discount of 16 per cent ...
Nazara Technologies raises Rs 100 crore fundingNazara has invested over Rs 300 crore in the last five years in the Indian gaming ecosystem.