Gaming firm plans Rs 500 crore fundraise via preferential warrants to back acquisitions such as Bluetile and BestPlay and accelerate growth across business verticals
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Nazara UK will initially acquire 50 per cent of the equity in Bluetile and Bestplay
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Gaming firm Nazara Technologies reports sharp fall in Q3FY26 profit and revenue after real money gaming ban hit subsidiary operations
With its portfolio clean-up largely completed and execution improving across mobile, PC/console, ad-tech, and offline gaming, Choice believes Nazara is positioned for a more durable growth cycle
Nazara Tech shares gained 5 per cent despite a ₹29.35 loss in Q2FY26 compared with a net profit of ₹23.83 crore a year earlier
Nazara Technologies posted a Rs 29.35 crore Q2 loss after a Rs 914.7 crore impairment in Moonshine Technologies, even as revenue rose 65% to Rs 526 crore