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Nazara Technologies shares fall 4% after Q3 profit slumps 35% to Rs 9 croreNazara Technologies' shares dipped after reporting a 24% YoY decline in Q3 operating revenue to Rs 405.9 crore, primarily due to the decons...
Nazara Technologies Q3 FY26 revenue dips 24% to Rs 406 crore, profit falls 35%Gaming and media firm Nazara Technologies reported a 24% drop in Q3 revenue to Rs 405.9 crore, with net profit down 35% to Rs 8.8 crore, ma...
Folding in India, gaming companies lose bigAmid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainmen...
Folding in India, gaming companies lose bigAmid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainmen...
Canada’s Clairvest Group writes off investment in Head Digital Works after real money gaming banThe investment that had a carrying value of Rs 760 crore has been marked down to nil. This resulted in Clairvest reporting a net loss of ar...
Nazara posts Q2 loss after RMG ban; revenue up 65%; invests in Rusk MediaNazara Technology will invest up to Rs 27.15 crore in digital entertainment company Rusk Media for a 5.23% stake. This will be done through...
India’s online money gaming ban faces first legal challenge as A23 owner moves Karnataka HCHead Digital Works, the parent company of A23, has challenged the Promotion and Regulation of Online Gaming Law, 2025, in the Karnataka Hig...
RS clears Online Gaming Bill; Bike taxis back in BengaluruThe contentious Online Gaming Bill was passed by the Rajya Sabha on Thursday, now awaiting the President’s assent. This and more in today’s...
Nazara shares tank 15% on real money gaming banNazara Technologies' shares plummeted after the Lok Sabha passed a bill banning real money gaming. The company clarified its indirect expos...
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 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 Technologies COO Sudhir Kamath resignsAn IIM Ahmedabad alumnus, Kamath joined Nazara during a leadership transition at the company. In October 2022, then-CEO Manish Agarwal had ...
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 Technologies invests Rs 196 crore in new startups, subsidiariesThe Mumbai-based online gaming company has acquired a 60% stake in indoor play centre startup Funky Monkeys Play for Rs 43.7 crore and inve...
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 completes Rs 855 crore fundraise led by SBI Mutual FundNazara Technologies secured $100 million in funding, led by SBI Mutual Fund, to fuel acquisitions and expansion. This capital injection wil...
Nazara Technologies to raise Rs 900 crore in its biggest fundraise; acquires additional stake in Absolute SportsNazara Technologies announced a Rs 900 crore fundraising through preferential equity. The funds will be used for acquisitions, business exp...
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, ...
Nazara Tech acquires 47.7% stake in PokerBaazi parent in Rs 832 crore dealNazara Technologies has acquired a 47.7% stake in Moonshine Technology, the parent company of PokerBaazi, for Rs 832 crores. Nazara will al...
Nazara Tech shares jump 4%, hit 52 week on cos plans to acquire stake in PokerBaazi parentNazara Tech Share Price: Nazara Technologies' shares rose over 4% to a 52-week high after announcing plans to acquire a 47.7% stake in Moon...