Absolute Sports, the parent company of Sportskeeda and one of the world’s leading providers of sports news and analysis with over 76 million monthly active users (MAU), announced today that it has signed definitive agreements, subject to closing conditions, to acquire a 73.27% stake in Pro Football Network LLC (PFN), a premier source of coverage and analysis of the…
Nazara Technologies Limited, an India-based diversified gaming and sports media company, announced the acquisition of leading U.S. children’s interactive entertainment company WildWorks earlier today. Nazara will acquire 100% of the company and its IP from existing shareholders in an all-cash transaction. WildWorks revenues were US$13.8 million in CY21 and US$5.8 million in H1CY22, and EBITDA…
Leading gaming and sports media platform Nazara Technologies recently appointed Anupriya Sinha Das as their new Head of Corporate Development. Her role encompasses investor relations, fund raising as well as working on various strategic initiatives for the company. Anupriya has a total of 13 years of experience across Private equity, Investment banking and Consumer Tech…
Nazara Technologies, an India-based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, has announced its audited standalone and consolidated results for the fourth quarter and full year ended March 31, 2022. As of March 31, 2022, Nazara has diverse…
Nazara Pte. Ltd., a wholly owned subsidiary of Nazara Technologies Limited, an India-based diversified gaming and sports media company, has made an investment in BITKRAFT Ventures, a US-based game fund. Nazara will invest USD 2.5 million in BITKRAFT Ventures, with USD 0.875 million going into the company right once and the remaining USD 1.625 million…
Nazara Technologies Limited, an India based, diversified gaming and sports media company and its wholly owned subsidiary Nazara Technologies FZ LLC announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund. Nazara Dubai is a Limited partner in Griffin Gaming Partners Fund II, L.P for a capital commitment…
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 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…
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