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Tag: Nazara Technologies

Circle of Games secures $1M investment from Nazara Technologies and The Hashgraph Association

Circle of Games, a Web3 multi-gaming platform, has raised $1 million in funding from investors Nazara Technologies and The Hashgraph Association, it announced on...

Former Unacademy executive launches LightFury games, aims to bring AAA titles from India

Karan Shroff, the former Chief Marketing Officer (CMO) and partner at Unacademy has ventured into the gaming industry with the establishment of LightFury Games. Announcing...

Nazara Technologies to acquire Ultimate Teen Patti from Games24x7 for Rs. 10 crores

Gaming firm Nazara Technologies has disclosed its plans to acquire the intellectual property rights associated with Ultimate Teen Patti from Games24x7 for a sum...

Nazara Technologies sets aside $100 million for mergers and acquisitions

Nazara Technologies, the Indian gaming firm, has revealed plans to allocate $100 million (approximately Rs.830 crore) over the next 24 months for mergers and...

Nazara Technologies reports Q3 results: net profit surges 47% to Rs 30 Cr

Mumbai-based gaming and sports media company Nazara Technologies has announced robust financial results for the third quarter ended December 31, 2023. The company reported...

Nazara Technologies secures board approval for Rs 250 crore fundraising and acquires 10.77% stake in Kofluence

Mumbai-based Nazara Technologies has garnered board approval for fundraising of Rs 250 crore from a mix of new and existing investors. Notable contributors include...

Nazara Tech: Company to launch 5 games through Nazara Publishing

Nazara Technologies Ltd., a gaming and esports firm, recently announced the upcoming launch of five games. Notably, the launch of these games will be...

PhonePe’s Indus onboards popular RMG apps on its marketplace

Leading digital payments firm, PhonePe, recently announced the launch of its android-based appstore called Indus. Now, the platform has onboarded apps like Dream11, Nazara...

Nazara Tech considers acquiring real money gaming firms hit by GST demands

Nazara Technologies may soon expand its real money gaming offerings further as CEO Nitish Mittersain said that it is looking to acquire companies hit...

Siddharth Kedia steps down as CEO of Nodwin Gaming

After four years of service, Siddharth Kedia, CEO of Nodwin Gaming, is stepping down from his position. The company is the esports and gaming...

Nazara Tech announces launch of game development division ‘Nazara Publishing’

Nazara Technologies announced the launch of its game publishing unit today named “Nazara Publishing”, aiming to help the Indian game developers publish their games...

Nazara Technologies slapped with Rs 2.83 crore tax notice by DGGI

Gaming and sports media company Nazara Technologies has become the latest online gaming firm to receive a show cause notice from the GST authorities...

Nazara Tech raises Rs 100 crore from Zerodha co-founder Nikhil Kamath’s firms

Gaming and sports media company Nazara Technologies has raised Rs 100 crore from Zerodha co-founder Nikhil Kamath's firms through an equity share issue. Earlier...

28% GST rate on online gaming will have minimal impact on our overall revenues: Nazara Tech

The decision by the GST Council to tax online gaming at 28% on full face value amount has shaken the industry. Nazara Technologies, in...

Dream11, Nazara Tech CEOs to hold prominent positions in IAMAI governing council

Fantasy sports platform Dream11 founder Harsh Jain will now be acting as chairperson for Internet and Mobile Association of India (IAMAI), while Nazara Tech's...

Nodwin Gaming raises $28 million in latest funding round led by Nazara, Krafton, JetSynthesys

Nodwin Gaming, an esports subsidiary of Nazara Technologies, has raised $28 million in equity investment from its existing and new investors. According to its...