Nazara invests Rs 7.5 cr in Sports Unity

Gaming and sports media company Nazara Technologies on Tuesday said it has invested Rs 7.5 crore in Sports Unity that owns Qunami, a short format, multiplayer quiz game in India.

Sports Unity's Qunami has over 40,000 monthly active quizzers playing up to 30 minutes per day and has crossed over one crore transactions.

"With this investment, Nazara acquires majority stake in Sports Unity and is consolidating its presence in the fast growing quizzing /trivia category," the statement said.

Nazara has invested in mobile gaming companies such as Mastermind Sports and MoongLabs Technologies. It has taken a majority stake in NextWave Multimedia, NODWIN Gaming, Halaplay Technologies in addition to Sportskeeda and NZ World Kenya Ltd to set up operations for real money gaming in Kenya.

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