Thu, Aug 08, 2024
Nazara Technologies has acquired UK-based Fusebox Games for ₹228 crore ($27.2 million) in an all-cash deal. Fusebox, known for its interactive story game 'Love Island,' will enhance Nazara’s global gaming portfolio. This acquisition aligns with Nazara’s strategy to expand its IP-driven gaming business and leverage its Indian base for global growth. The deal follows Nazara’s recent acquisition of a 48.42% stake in Paper Boat Apps, further solidifying its position in the global gaming market.
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Wed, Aug 16, 2023
Gaming and sports media platform Nazara Technologies on Wednesday said it has invested USD 500,000 (about Rs 4.15 crore) in Israel-based game developer Snax Games.
Thu, Apr 06, 2023
With this acquisition, NODWIN Gaming will not only acquire all of Branded`s existing event IPs but also onboard a capable international team that will focus on growing international sponsorship revenue for all of NODWIN Gaming`s IPs both in India and globally.
Thu, Mar 18, 2021
Nazara Technologies IPO subscribed 4.01 times. The public issue subscribed 16.75 times in the retail category, 0.36 times in QIB, and 2.85 times in the NII category by Mar 17, 2021 5 pm. Rakesh Jhunjhunwala, known as the Big Bull of the market is one of the ace investors who is confident about the growth of this company.
Wed, Mar 17, 2021
Nazara Technologies IPO subscribed over 2 times. The public issue subscribed over 7.5 times in the retail category till 1.15 pm. Retail Investors are lapping on the opportunity to invest in Rakesh Jhunjhunwala backed company. The Big Bull holds 11% stake in the company and he is bullish on the future of the company.
Nazara Technologies is coming out with an Initial Public Offer (IPO) through an offer for sale (OFS) of equity shares up to 52,94,392 equity shares with a face value of Rs. 4 per share, aggregating to Rs. 582 - Rs.583 cr (at the lower and upper price band). Nazara Technologies has reserved shares aggregating up to Rs 2 cr for eligible employees, which would get a discount of up to Rs 110 per share.
Wed, Dec 13, 2017
The Mumbai-based company, which was founded by Nitish Mittersain in 2000, could be valued at around Rs 3,000-3,500 crore and has users in 61 countries.
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