Nazara Technologies' Major Investment in PokerBaazi Parent Company
The Investment Landscape
Nazara Technologies is spearheading a crucial shift in the gaming landscape with a noteworthy investment of Rs 982 crore in Moonshine Technology. This parent company of PokerBaazi is positioned to capitalize on the growing trends in gaming platforms and the vibrant digital economy.
Details of the Acquisition
- 47.7% stake acquisition for Rs 831.51 crore
- Combining cash and share resources
- Aiming for global expansion
The Future of Gaming Investment
This investment not only strengthens Nazara's portfolio but also enhances its influence in the competitive world of digital gaming, setting the stage for new innovations and opportunities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.