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Nazara Technologies is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems.
Nazara plans to raise ₹733.5 Cr via a preferential issue at ₹306/share. Incoming CEO Raymond Stauffer and other leaders are investing, strengthening the balance sheet for strategic acquisitions and growth initiatives. This aligns interests and signals strong conviction.
Nazara reported revenue of INR 429 Cr and EBITDA of INR 46 Cr. Gaming revenue grew 14% YoY to INR 275 Cr. Raymond A. Stauffer becomes CEO; Nitish Mittersain remains Founder & MD. Accelerates Bluetile/BestPlay 100% acquisition for USD 303 Million.
Nazara reported highest-ever FY26 EBITDA of INR 255 Cr (+66% YoY) on INR 1,829 Cr revenue. Gaming now drives 90% of EBITDA, with Q4 margins nearly doubling to 19.5%. Strategic acquisitions of Bluetile and BestPlay strengthen its global gaming platform, set to boost FY27 performance.
Nazara Technologies raised INR 500 Cr via a preferential issue of warrants at INR 260 per share. Funds will fuel strategic acquisitions, including Bluetile and BestPlay, and accelerate growth across existing businesses. Promoters also participated.
Nazara UK acquires 50% controlling stake in AI-driven social gaming platforms Bluetile and BestPlay for $100.3M (₹918 Cr). This strategic move enhances Nazara's content, engagement, and distribution. Bluetile/BestPlay reported CY25 revenue of $153.6M (₹1,405 Cr) and EBITDA of $27.7M (₹254 Cr).