- Amazon Eyes A Slice Of Online Gaming Pie; Partners With Nazara For Fire TV Mumbai-headquartered mobile gaming startup Nazara Technologies has forged an alliance with Amazon to provide localised Indian gaming experience on Fire TV. With this, the company’s offerings will now be available online (TV), in addition to mobile, thus enabling Nazara to widen its reach. Amazon Fire TV offers access to a vast selection of movies and […]
- Paytm, Alibaba And Tencent Strive For A Slice Of India’s Booming Gaming Industry With Paytm recently launching a mobile gaming platform Gamepind, as part of its joint venture with Alibaba-owned AGTech Media, it is now Chinese Internet conglomerate Tencent that is looking for investment opportunities in the Indian gaming market. Eyeing the huge potential of the country’s gaming market, Paytm-Alibaba and Tencent are actively exploring the space, which […]
- ESL Invests In Mobile Gaming Startup Nazara Technologies Mobile gaming startup Nazara Technologies Limited announced that ESL (Electronic Sports League), the world’s largest esports company has invested for a minority stake in it. The investment will be used to scale up Nazara’s footprint in emerging markets. Additionally, ESL has signed a license agreement with NODWIN Gaming, which was recently acquired by Nazara Technologies. […]
- Digital Entertainment Startup Pocket Aces Acquires Interactive Game Show App Loco Digital entertainment startup Pocket Aces has announced that it has acquired Loco (formerly called Showtime App), an interactive game show app where contestants can win real money. The company did not disclose the price of the acquisition. Speaking on the intent of the acquisition to Inc42, Pocket Aces stated, “The acquisition supports Pocket Aces’ vision […]
- Mobile Gaming Studio Nazara Technologies Acquires NextWave Mumbai-based mobile gaming studio Nazara Technologies has acquired a majority stake in NextWave Multimedia. With the acquisition of NextWave, Nazara strengthens its portfolio of offerings in the virtual interactive sports genre in India and other emerging markets. The NextWave acquisition comes after Nazara’s investments in startups such as MasterMind Sports, Truly Social, Moong Labs and […]
- Mobile Gaming Company Nazara Raises $51 Mn In Funding Mumbai-based mobile gaming company Nazara has raised about $51.1 Mn in a funding round led by IIFL Special Opportunities Fund. Commenting on the recent investment, Prashasta Seth, CEO, IIFL Asset Management Ltd, stated, “The gaming industry is expected to see growth in India & emerging markets. With its strong leadership and highly motivated team, Nazara […]
- Passion Gaming Raises $3.75 Mn Funding From UK-based Stride Gaming Passion Gaming, which owns and operates online gaming startup RummyPassion, has raised $3.75 Mn funding in an all-cash deal from UK-based Stride Gaming. As part of the deal, the online gaming company has divested 51% stake in itself to Stride Gaming. According to the official statement, the investment will enable Passion Gaming to achieve faster […]
- Gaming Startup Smaaash Raises $3.8 Mn From Sixth Sense Ventures Sachin Tendulkar backed virtual reality gaming and entertainment company Smaaash has reportedly raised $3.8 Mn (INR 25 Cr) from Mumbai-based consumer-centric VC firm, Sixth Sense Ventures. According to sources, the latest fundraise by Smaaash is part of a larger round, which is slated to take place in the coming weeks. Depending on the final round […]
- Kae Capital, Nazara Games Back Daily Fantasy Sports Startup HalaPlay Kae Capital, along with Nazara Games has made an undisclosed amount of investment in HalaPlay, a Mumbai-based daily fantasy sports platform. A daily fantasy sports platform is where players can create a team, enter leagues and win cash prizes at the end of every game on web or mobile. One does not need to wait […]
- Going The IPO Route: Mobile Gaming Company Nazara Technologies To Offer $156.5 Mn Public Offering Early Next Year Mobile gaming studio Nazara Technologies has announced plans to offer an IPO towards the end of FY18, making it the first public listing in the Indian gaming space. As per reports, the Mumbai-based company has mandated ICICI Securities and financial services firm Edelweiss for the proposed initial public offering. According to sources, the public offering […]
- India Among Top 5 Countries In Online Mobile Gaming: Report India has emerged as one of the top five countries for online mobile gaming. According to a report by Flurry Analytics, India came in second after the US. China, Brazil, and Russia are the other countries in the top five. According to the report, the top five countries drive 50% of all gaming sessions in […]
- Mobile Gaming Startup Mech Mocha Levels Up With $5 Mn Series A funding From Accel Partners, Others Bengaluru-based mobile gaming startup Mech Mocha has raised $5 Mn in Series A round of funding led by Accel partners and Shunwei Capital. Existing investor Blume also participated in this funding round. The startup will use the raised funds to develop and launch new mobile-gaming titles across the casual and mid-core gaming categories, targeted at […]