Nazara Technologies invests $2.5 mn in US-based Bitkraft Ventures

The announcement comes at the back of its recent partnership with Griffin Gaming Partners, in which Nazara has committed to invest $4 million.

Gaming and sports media firms Nazara Technologies announced an investment of $2.5 million in the US based game fund Bitkraft Ventures. Of the $2.5 million in upto $0.875 million will be invested upfront, while the balance investment amount of $1.625 million will be deployed over a period of three years, said the company in a regulatory filing on the BSE.

Bitkraft Ventures is a leading investment platform for gaming and Web3 / blockchain projects globally. Nazara, with the above proposed investment, aims to build a network with Limited Partners (“LP”) as well as the investee companies to gain access into the