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...
13 Nov, 2025, 08.38 PM IST
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...
12 Nov, 2025, 09.41 PM IST
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...
28 Aug, 2025, 01.29 PM IST
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...
21 Aug, 2025, 08.19 PM IST
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...
21 Aug, 2025, 06.18 AM IST
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...
13 Aug, 2025, 12.12 AM IST
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...
16 Jul, 2025, 10.29 PM IST
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,...
26 May, 2025, 08.29 PM IST
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 ...
13 Mar, 2025, 11.05 AM IST
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...
13 Feb, 2025, 09.56 PM IST
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...
02 Dec, 2024, 08.24 PM IST
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...
29 Nov, 2024, 08.50 AM IST
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...
28 Nov, 2024, 04.05 PM IST
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...
19 Sep, 2024, 03.41 PM IST
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, ...
18 Sep, 2024, 04.55 PM IST
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...
13 Sep, 2024, 01.18 PM IST
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...
13 Sep, 2024, 12.34 PM IST