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Indian gaming and sports media platform Nazara completes US$49.2 million in financing and will invest in blockchain games
2023-09-07 13:22:57
Odaily News Indias diversified gaming and sports media platform Nazara Technologies Limited completed US$49.2 million in financing at a valuation of US$230 million. SBI Mutual Fund, SBI Magnum Global Fund and SBI Technology Opportunities Fund participated in the investment. Nazara announced that it will use the new funds to invest in new businesses such as e-sports and blockchain games, and will also make strategic acquisitions and investments in some gaming and sports media companies. (Techinasia)