Q 99 · Excellent

Nazara’s new raise; PEs gravitate to startups

Nazara Technologies, an Indian gaming and sports media company, is set to raise capital through a preferential issue. This funding mechanism will provide the company with fresh capital, indicating strategic financial moves within the competitive gaming sector. The announcement was part of a broader industry dispatch, suggesting an active investment climate for tech startups.

Key points
  • Nazara Technologies, an Indian gaming and sports media company, is set to raise capital through a preferential issue.
The Times of IndiaAug 7, 20264 min read