
In a significant move to bolster its position in the global gaming market, Nazara Technologies has announced a substantial investment strategy, setting aside $100 million for strategic mergers and acquisitions over the next 24 months. This initiative aims to strengthen the company's global foothold and expand its gaming platform. Additionally, OneVerse has also made headlines by acquiring two more gaming firms and allocating Rs 250 crore in growth capital. Nazara's commitment to identifying opportunities across gaming, esports, and adtech sectors, with a focus on established gaming IPs and studios, marks a strategic effort to enhance its portfolio and market presence. The company's total cash position, including funds from its subsidiaries, stands at Rs 1,500 crore, which will support its ambitious acquisition plans. Nazara Tech has also pledged Rs 830 crore for M&A strategies in the same period.
Indian gaming giant Nazara earmarks $100m for global expansion https://t.co/sqEgUMQjrT
Nazara Technologies sets aside $100 million for #acquisitions The firm’s total cash position stands at Rs 1,500 cr, including funds from its subsidiaries, from which it is earmarking this amount for buyouts, MD & CEO @mittersain told @_soumyajit37 https://t.co/6hTfcM7Nbw
#NazaraTechnologies allocates $100 million towards strategic mergers and acquisitions over the next 24 months, aiming to strengthen its global foothold and elevate its gaming platform to the world stage. by @sowmyaram_ | @mittersain Read More 👇 https://t.co/vgjp2EAfVH.


