Informative

Nazara Raises INR 220 Cr from SBI Mutual Fund

Update / Judgement Date

21 Oct 2024

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial Management

Nazara raises INR 220 Cr from SBI Mutual Fund: Nazara Technologies, a gaming and sports media company, raised INR 220 crore from SBI Mutual Fund. The investment aims to support Nazara's growth and expansion plans. This funding round highlights the increasing interest of institutional investors in the gaming sector and underscores Nazara's potential for growth in the digital entertainment industry. The capital infusion is expected to help Nazara strengthen its market position and explore new business opportunities in the fast-evolving gaming landscape.

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Nazara Raises INR 220 Cr from SBI Mutual Fund

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