Nazara Technologies closes Rs 855-crore funding round to fuel acquisition spree- Moneycontrol.com
Summary
Nazara Technologies closed an Rs 855-crore funding round with participation from new and existing investors. The company plans to use the capital for acquisitions and global expansion. It has already been actively buying stakes and companies across gaming, esports, and advertising. The firm also continues to consolidate ownership in subsidiaries under its new operating model to support future growth.
Funding
Amount
$103.0M
Total raised
Date
November 28, 2023
Announcement date
Investors
GIC, Zerodha, ICICI Prudential Mutual Fund
Lead investors
Company
nazara.com
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
Mobile Games
Game Publishing
Entertainment Software
Linked Companies
Nazara Technologies
$25M to $50M