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Business Gaming

Halaplay Raises INR 2.94 Cr from Gaussian, Nazara to Stay Afloat Amidst Postponement of IPL

Bengaluru-based Halaplay Technologies Pvt. Ltd, operator of the daily fantasy sports platform Halaplay, has raised INR 2.94 Cr. (About US$383K) from Delta Corp’s online gaming subsidiary Gaussian Networks (the company that operates Adda52) and Nazara Technologies.  The funding will help the brand stay afloat and mitigate the effect on its fund availability caused by postponement […]

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Gaming

WCC is No.1 Cricket Game in the World, Announces Nazara

A recent press release by Nazara Technologies Limited announced that their franchise World Cricket Championship (WCC) has become the number one Cricket game in the world as it has amassed about 110 Million downloads in India and abroad. WCC, which is published by Nazara’s subsidiary Nextwave Multimedia, comprises three versions of the game called WCC, […]

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Business Gaming

Nazara pledges to invest $20 million in startups in 2020

Social gaming and sports content company Nazara Technologies Limited has announced its intention of investing upto US$20 million in select startups in the gaming and sports ecosystem in the Indian sub-continent, Africa and Middle-East over the next one year. The company  aims to act as a catalyst to further expedite growth of gaming; esports and […]

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Business

Nazara invests Rs. 83.5 crores in preschool edutainment app Kiddopia

Online gaming and sports media company Nazara Technologies Limited has announced that it has made an investment of Rs. 83.50 crores in Paper Boat Apps, the creator and publisher of Kiddopia, a subscription based preschool edutainment app. With the closure of the transaction, the company will acquire a majority stake of 51% in Paper Boat Apps […]

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Business

Nazara invests Rs. 7.5 crores in Qunami, acquires majority stake

Online gaming and content company Nazara Technologies Limited has announced that it has invested Rs. 7.5 crores in Sports Unity Private Limited, the Delhi-based company that operates real money multiplayer quizzing app Qunami. Apart from Nazara, Vaibhav Gaggar, a Delhi-based lawyer and managing partner of law firm Gaggar & Partners also participated in the investment […]

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Business

Nazara officially announces Sportskeeda acquisition, delays IPO

Online gaming company Nazara Technologies Limited has officially announced that it has acquired a 67% stake in Absolute Sports Private Limited, the company that operates online sports media portal Sportskeeda. Nazara has reportedly invested Rs. 44 crores for the stake in the sports content portal, valuing it at about Rs. 65 crore. It was reported last […]

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Business

Nazara invests in Sportskeeda and Qunami, ups stake in Halaplay

Online game publisher Nazara Technologies Limited is reportedly on the verge of closing a Rs. 36 crore deal to gain majority stake in Absolute Sports Private Limited, the parent company of leading online sports content and news website Sportskeeda. According to an exclusive report on online news portal Inc42, Nazara is proposing to acquire 118,000 […]

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Business

Nazara Technologies invests Rs. 75 lakhs in social contests platform Bakbuck

Online games company Nazara Technologies Limited has announced that it has invested an undisclosed amount in Khichadi Technologies Private Limited, the company that runs social contest platform Bakbuck. However, as per Registrar of Companies (ROC) records, Nazara has invested around Rs. 75 lakhs (Rs. 75,00,500/-) in the company for 2143 compulsorily convertible preference shares. Some […]

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Business Gaming

Nazara Technologies likely to acquire real money gaming companies in India and Africa; IPO plans delayed

Popular social gaming and e-sports company Nazara Technologies Limited is likely to acquire multiple companies in the real money gaming space in the Indian and African regions, Economic Times reports. As per press reports, Nazara has earmarked around Rs. 50-75 crores for acquiring real money gaming companies in the two regions where it is the […]

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Business

Nazara Technologies buys minority stake in real-money quiz app CrimzonCode

IPO-bound Nazara Technologies Limited has acquired a 27.42% stake in Jatia Education Private Limited, the company that operates real money skill-based quiz app CrimzonCode for an undisclosed sum. CrimzonCode operates Top Quiz, a quizzing game that challenges players on various questions relating to history, sports, entertainment, current affairs etc. The app allows players to stake […]