Stealth • 3m
Nazara Technologies Ltd, a Mumbai-based mobile gaming and sports media company, has issued shares worth Rs 100 crore to Nithin Kamath and Nikhil Kamath, the founders of Zerodha. The move is part of a broader investment in which Nazara allocated 28.66 lakh shares to seven investors for a total of Rs 250 crore at Rs 872.15 per share, exceeding its recent closing price. Plutus Wealth Management LLP and other investors also participated in the round.
Love your posts. They are quite informative.
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PocketFM • 3m
I think both bros will eventually acquire the firm haha
Why do they keep raising money all the time?
Glad to see so much investments in gaming sector. I am hopeful about its future.
Why are the kamath brothers acquiring so much stake in Nazara?
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