Nazara Technologies raises INR 315 Cr
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Nazara Technologies raises INR 315 Cr

Nazara Technologies Limited, an India-based diversified gaming and sports media platform, announced today that its board of directors has approved a preferential allotment of new equity to raise INR 315.30 crores from marquee institutional investors, subject to the approval of the Company’s shareholders and applicable regulatory/statutory authorities. The Company will issue 1,429,266 equity shares, each…

Nazara Technologies acquires skill gaming platform OpenPlay Tech
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Nazara Technologies acquires skill gaming platform OpenPlay Tech

Nazara Technologies Limited (BSE: 543280) (NSE: NAZARA), an India-based diversified gaming and sports media platform, announced today that it has purchased a 100% share in Hyderabad-based skill gaming business OpenPlay for INR 186.4 crores. Under the “Classic Games” brand, OpenPlay provides a multi-game consumer gaming platform that hosts popular skill-based games and adheres to the…