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NAZARA TECH FUNDRAISE
Gaming firm Nazara’s Q4 revenue down 23%, profit jumps 13xNazara Technologies reported a 23% revenue decline to Rs 398 crore in Q4FY26, but saw net profit surge over 13x to Rs 56 crore, boosted by ...- Nitish Mittersain on buying Trinity Gaming, initiating gCommerce & moreNazara Technologies plans to boost monetisation by integrating e-commerce into gaming and using innovative approaches. They are incorporati...
- 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...
- Govt for fair AI development; Google in CCI crosshairsHappy Friday! The government is leading multiple projects to foster responsible growth of AI. This and more in today’s ETtech Morning Dispa...
- CCI probe against Google; Nazara’s fundraiseIndia’s antitrust watchdog has ordered a probe against Google on alleged anti-competitive practices against real money gaming. This and mor...
- Hemang Jani on 3 liquor stocks to bet on for long termSo, on an overall basis, very positive outlook on the spirits companies per se. I think United Spirits, Radico Khaitan, United Breweries, a...
- Stocks in news: NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, Power GridDomestic markets experienced another session of volatility, closing flat in accordance with global trends as the US Fed meeting approaches....
- Amazon’s new India head; Nazara to raise Rs 900 croreSamir Kumar, an Amazon veteran, will replace Manish Tiwary as the country manager for India. This and more in today’s ETtech Top 5.
- Stock gaming apps under Sebi scanner; ETtech Done DealsThe capital markets regulator is cracking down on illicit gaming apps that offer virtual trading services and fantasy games. This and more ...
- Nazara Technologies reports 47% growth in quarterly profit, revenue up 2%Nazara’s esports division, which includes businesses like esports and media firm Nodwin and sports news firm Sportskeeda, contributed 55% o...
- 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...
- Nikhil Kamath's investment will add significant boost to business: Nitish Mittersain, Nazara TechnologiesI think the evolution of both verticals for us will be in tandem because our eSports business is also growing very well and our gaming busi...
- 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...
- Zerodha's Nikhil Kamath invests Rs 100 crore in Nazara; Udaan CTO to exit amid rejigGame on! Online gaming and media firm Nazara Technologies on Monday said it was raising Rs 100 crore from Nikhil Kamath, cofounder of retai...
- 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 ...
- 28% GST on online gaming: Nazara anticipates 'minimal impact' on overall revenueIn a major setback to the country's online gaming industry, the GST Council on Tuesday decided to levy a 28% tax on the full value of monie...
- New policy won't have any major financial impact on our performance: Nitish Mittersain, Nazara TechAnd I think we will have to see how this impact on this 5% of our business plays out. It is still, to be honest, very early to predict it. ...
- 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.
- ETtech Deals Digest | VerSe Innovation, Fetch Rewards, Nord Security raise fundsVerSe Innovation, the parent firm of online news aggregator DailyHunt and short-video platform Josh, signed definitive documents and raised...
- What acquisition of Datawrkz & Planet Superheroes means for Nazara“Q3 results are going to be out soon and I cannot pre-empt that but the overall trend for the business is very healthy and we are very exci...
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