Informative

Nazara raises Rs 495 Cr from Arpit Khandelwal and Mithun Sacheti-led Axana Estates

Update / Judgement Date

20 Jan 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIIT

Nazara Technologies raised ₹495 crore from Arpit Khandelwal and Mithun Sacheti-led Axana Estates in a funding round. The investment will help Nazara expand its gaming and esports offerings, further strengthening its position in the fast-growing gaming industry. Nazara aims to leverage the funding to enhance its gaming portfolio and expand its reach in global markets. The company has been diversifying its gaming offerings, focusing on mobile and skill-based games. The funding will also aid in scaling its esports operations and creating new revenue streams. This deal signifies the growing potential of the Indian gaming and esports sectors.

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Nazara raises Rs 495 Cr from Arpit Khandelwal and Mithun Sacheti-led Axana Estates

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