Nazara's Strategic Investment in Moonshine Technology: A New Era for Gaming Sector
Nazara's Investment in Moonshine Technology
Investing in gaming has reached a new pinnacle as Nazara Technologies takes a bold step with a whopping Rs 982 crore investment in Moonshine Technology. This move illustrates Nazara's belief in the potential of the online gaming sector, especially with its flagship platform, PokerBaazi, which accounts for a staggering over 85 percent of Moonshine's net revenue.
Impact of PokerBaazi
- 340,000 monthly active users as of May 2024, showcasing player engagement.
- Fantasy sports platform SportsBaazi also contributes significantly at 12 percent of revenue.
- Investment represents a growing trend in the online gaming landscape.
This strategic investment not only highlights the growth within the sector but also positions Nazara as a key player in the vibrant world of online gaming. For more details, visit the source.
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.