Nikhil Kamath invests Rs. 100cr in Nazara Technologies, stock skyrockets
Nazara Technologies, a diversified gaming and sports media platform, has raised Rs. 100 crore from Zerodha co-founder Nikhil Kamath. The funds will be used for strategic acquisitions, investments, and growth objectives, said the company in a BSE filing. The news boosted Nazara Technologies's share price by over 11.5% to nearly Rs. 846, at the time of writing.