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Nazara Technologies Ltd., India’s only publicly listed gaming and esports company, has secured a massive ₹495 crore (about $60 million) investment from Axana Estates LLP. Notably, Axana Estates is backed by Arpit Khandelwal, founder of Plutus Wealth Management LLP, and Mithun Sacheti, founder of Caratlane. 🏦✨
The deal? Axana Estates LLP will gain a 5.40% stake in Nazara by acquiring shares at ₹990 each. 📈
Nazara plans to use this boost to fuel organic growth, expand into new markets, and explore strategic acquisitions.