The proceeds from this fundraise will primarily be used to support strategic acquisitions, including the recently announced Bluetile and BestPlay transaction
Acquisition
Nazara Technologies Acquisitions
Nazara Technologies has raised Rs 500 crore through a preferential issue of warrants and is set to acquire a controlling stake in Bluetile and BestPlay for Rs 918 crore. These strategic moves are aimed at expanding Nazara's portfolio in the gaming sector.
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Growing Investment in Gaming
Nazara Technologies raises Rs 500 crore through preferential issue of warrants
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2 Events
Oct 2023
Nazara Raises Capital
Nazara Technologies raises Rs 500 crore through a preferential issue of warrants.
Latest
Oct 2023
Acquisition Announcement
Nazara announces plans to acquire controlling stakes in Bluetile and BestPlay for Rs 918 crore.
01 Oct 2023
Nazara Raises Capital
Nazara Technologies raises Rs 500 crore through a preferential issue of warrants.
15 Oct 2023
Latest
Acquisition Announcement
Nazara announces plans to acquire controlling stakes in Bluetile and BestPlay for Rs 918 crore.
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Nazara Technologies raises Rs 500 crore through preferential issue of warrants
Nazara to acquire controlling stake in Bluetile and BestPlay for Rs 918 cr
Nazara UK will initially acquire a 50% controlling equity stake in both Bluetile and BestPlay
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AI-assisted summary, reviewed by our newsroom
Nazara Technologies has raised Rs 500 crore through a preferential issue of warrants and is set to acquire a controlling stake in Bluetile and BestPlay for Rs 918 crore. These strategic moves are aimed at expanding Nazara's portfolio in the gaming sector.