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Jeet Sarkar

Technology, Developm... • 1y

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.

5 Replies

Replies (5)

Anonymous 2

Hey I am on Medial • 1y

Glad to see so much investments in gaming sector. I am hopeful about its future.

Anonymous 1

Hey I am on Medial • 1y

Why are the kamath brothers acquiring so much stake in Nazara?

Anonymous 4
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PocketFM • 1y

I think both bros will eventually acquire the firm haha

Anonymous 3

Hey I am on Medial • 1y

Why do they keep raising money all the time?

Anonymous 5

Hey I am on Medial • 1y

Love your posts. They are quite informative.

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