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Nazara Technologies completes Rs 855 Cr fundraise through preferential share allotment

YourStory LogoYourStory11h ago

Nazara Technologies completes Rs 855 Cr fundraise through preferential share allotment - YourStory

Quick Summary:

Among the notable investors were SBI Innovative Opportunities Fund, Junomoneta Finsol Private Limited, and Think India Opportunities Master Fund LP.

The company reported mixed results for the second quarter of FY25.

The payment was split evenly, with half made in cash and the other half through issuing Nazara's own shares.


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Nazara Technologies completes Rs 855 Cr fundraise through preferential share allotment - YourStory (Picture 1)

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 15:35:42 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 248 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23907118

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 32 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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The story "Nazara Technologies completes Rs 855 Cr fundraise through preferential share allotment" was covered 11 hours ago by YourStory, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 32 news stories per day.

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  • News ID: #23907118
  • URL: https://beamstart.com/news/nazara-technologies-completes-rs-855-1732722049467

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