Diverse gaming and sports media platform Nazara completes $49.2 million financing, plans to invest in blockchain gaming

2023-09-07 21:28:29

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ChainCatcher news, according to Techinasia, Indian diversified gaming and sports media platform Nazara Technologies Limited has completed a $49.2 million financing round, with participation from SBI Mutual Fund, SBI Magnum Global Fund, and SBI Technology Opportunities Fund. The company's valuation in this round of financing reached $230 million.

Nazara announced that it will use the new funds to invest in new businesses such as esports and blockchain gaming, while also making strategic acquisitions and investments in some gaming and sports media companies.

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Nazara India investment and financing

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