WestBridge completes Nazara Games exit as Plutus Wealth acquires INR 500 Cr stake
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Delhi NCR-based Plutus Wealth Management and its associates have acquired shares worth over INR 500 Cr from Nazara Games’ early investor WestBridge Capital to provide the latter a complete exit from the company. WestBridge Capital has been on Nazara’s cap table since 2005 when it invested $3 Mn. The private equity fund saw a partial exit in 2017, which brought down its 60% stake to 21%.