Tag: Nazara
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Nazara IPO oversubscribed by 175 times in the final day call
The newly launched IPO of Rakesh Jhunjhunwala backed Indian gaming and sports startup, Nazara Technologies was subscribed 175.46 times. The IPO made its debut with a 3-day offering from 17th March to 19th March. According to data from NSE and BSE, the company prepared only 29,20,997 to offer, but the issue received overall bids for…
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Indian gaming and sports startup Nazara delivers $75mn exit to $3mn WestBridge Capital investment
Indian gaming and sports startup Nazara delivers $75mn exit to $3mn WestBridge Capital investment. Ahmedabad-based Financial advisory firm Plutus Wealth Management LLP and its associates have bought shares worth Rs 500 crore in Rakesh Jhunjhunwala-backed mobile gaming startup Nazara Technologies from one of the companies earliest investor WestBride Capital providing the latter a complete exit…