Nazara Technologies secures Rs. 410cr investment from SBI Mutual Fund
Shortpedia
Content Team
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Nazara Technologies has gained board approval for a capital infusion of Rs. 410 crore from SBI Mutual Fund through the equity share issuance. This step comes as the diversified gaming and sports media company aims to bolster its financial resources for potential acquisitions, with the goal of expanding its business. The latest development comes a couple of days after Zerodha co-founder Nikhil Kamath invested Rs. 100 crore in Nazara Technologies.
