Tag: Nazara Technologies

Nazara Technologies partners with nCore to launch FAU-G: Domination

Nazara Technologies’ publishing wing today announced a partnership with Vishal Gondal’s nCore to launch FAU-G: Domination, a new made-in-India multiplayer shooter game. This collaboration...

Mitter Infotech sells significant 6.38% stake in Nazara Technologies to Plutus Wealth Management

Mitter Infotech, a promoter of Nazara Technologies Limited, has sold 48,84,000 equity shares, amounting to 6.38% of the issued share capital, to Plutus Wealth...

Nazara Technologies reports strong Q4 results with 43% increase in PAT

Mumbai-based gaming and media giant Nazara Technologies has reported a 43% rise in profit after tax (PAT) from continued operations, reaching Rs 17 crore...

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...