IPO bound Nazara Games mops up Rs 100 Cr from IGL
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Gaming and sporting media platform Nazara has raised Rs 100 crore from Instant Growth Limited, an investment vehicle of the North America based limited partners (LPs) of Hornbill Orchid India Fund, and the funding has come after three weeks of the company filing its draft red herring prospectus (DRHP) filing. The fresh infusion will bolster Nazara’s operations before its proposed public listing.