Nazara Technologies, a leading name in India’s gaming and sports media industry, has announced a significant strategic move with the acquisition of a 47.7% stake in Moonshine Technology Private Limited, the parent company of the popular online poker platform PokerBaazi. This acquisition is set to bolster Nazara’s foothold in the online gaming sector and solidify Moonshine as an associate…
Mumbai-based gaming giant Nazara Technologies has significantly bolstered its position in the esports industry with a strategic acquisition. Through its wholly-owned subsidiary, Nazara Dubai FZ, Nazara has acquired a 15.86% stake in GetStan Technologies Pte. Ltd (STAN) for ₹18.4 crore. This all-cash secondary transaction marks a pivotal move for Nazara as it continues to strengthen its foothold…
Nazara Technologies Limited, a prominent Indian gaming company, is advancing its international expansion strategy with two major announcements this month. On August 21, 2024, the company revealed plans to invest up to £21.2 million (about ₹229.4 crore) in its UK subsidiary to fund the acquisition of Fusebox Games Ltd.
The investment will be split into a share subscription of £4,236,246…
