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Gaming Firm Nazara Raises Rs 100 Crore From Zerodha's Nikhil Kamath

PRIVATESep 04, 2023

Amount Raised

₹1 Billion

Round Type

Funding Round

MumbaiGamingBlockchainEsports

Description

Gaming and media firm Nazara Technologies on Monday said it was raising Rs 100 crore from Nikhil Kamath, cofounder of retail stockbroker Zerodha, via an equity share issue. The firm said it is issuing shares to Kamath at Rs 714 per share. The firm’s shares rose about 9.7% to Rs 833.45 in early morning trade on the National Stock Exchange (NSE). Elevate Your Tech Process with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Digital MarketingVisitIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Digital MarketingVisitOn July 10, Nazara’s board had approved raising of up to Rs 750 crore through equity shares.“Gaming in India is poised for strong growth in the years to come and Nazara has built a well-diversified, profitable gaming platform well suited to take advantage of opportunities in the years ahead

Quick answer

Nazara raised ₹1 Billion in a Funding Round round, dated September 4, 2023. Nazara is based in Mumbai, Maharashtra, India.

How much did Nazara raise?
Nazara raised ₹1 Billion in a Funding Round round on September 4, 2023.
What does Nazara do?
Nazara Tech is a global gaming and sports media company.
Where is Nazara based and how big is it?
Nazara is based in Mumbai, Maharashtra, India. Fundz records about 180 employees.
Who are the decision-makers at Nazara?
Fundz holds 1 contact at Nazara, including the Sr. Vice President - Strategy and M&A. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Gaming and Blockchain around the same time

Companies in the same sectors as Nazara that raised within 45 days of this round, from Fundz verified event records.

  • Alpha Compute raised $1 on September 29, 2023.
  • Proof raised $33M (Funding Round) on September 21, 2023.
  • Aethir raised an undisclosed amount (Funding Round) on July 26, 2023.
  • SynFutures raised $22M (Series B) on October 19, 2023.
  • Game Theory raised $2M (Seed) on October 17, 2023.
  • Zeedz raised $1M (Seed) on October 16, 2023.

Who to call at Nazara, and when

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  • Who you already know at Nazara, from your own LinkedIn network

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Company Information

Company

Nazara

Location

Mumbai, Maharashtra, India

About

Nazara Tech is a global gaming and sports media company. It offers a diverse portfolio of mobile games, esports, and other interactive entertainment. The company aims to engage users through innovative gaming experiences.

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Related People

1 contact
Verified contactsSaikat M., Sr. Vice President - Strategy and M&A hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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Nazara raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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