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Listed gaming major Nazara Technologies has raised INR 855 Cr ($101.3 Mn) from SBI Mutual Fund, Caratlane founder Mithun Sacheti, Aamara Capital, among others👇 The company announced its plans to raise the funds in September. It then said that it would raise INR 900 Cr by issue of preference shares on a private placement basis to fuel “strategic acquisitions, fund business expansion, and enhance the company’s ability to seize new growth opportunities”. In an exchange filing on Wednesday (November 27), Nazara said that pursuant to the receipt of the application money from the eligible allottees, its board approved the allotment of 89.59 Lakh shares at INR 954.27 per share to raise INR 855 Cr. To read the in-depth article, click here: https://4-2.co/3ZnDypo #news #gaming #investment

Listed gaming major Nazara Technologies has raised INR 855 Cr ($101.3 Mn) from SBI Mutual Fund, Caratlane founder Mithun Sacheti, Aamara Capital, among others👇 The company announced its plans to raise the funds in September. It then said that it would raise INR 900 Cr by issue of preference shares on a private placement basis to fuel “strategic acquisitions, fund business expansion, and enhance the company’s ability to seize new growth opportunities”. In an exchange filing on Wednesday (November 27), Nazara said that pursuant to the receipt of the application money from the eligible allottees, its board approved the allotment of 89.59 Lakh shares at INR 954.27 per share to raise INR 855 Cr. #news #gaming #investment

Nazara Technologies Limited raised INR 495 crore (~USD 60 million) from Axana Estates LLP, acquiring a 5.4% stake, with plans for an additional 26% stake via a public open offer: Read the full article here: https://lnkd.in/g_neQEbm 1️⃣ If fully subscribed, the combined shareholding of Axana Estates, PACs, and existing promoters will reach approximately 61.5%. 2️⃣ Nazara is acquiring the IP rights for 'CATS: Crash Arena' and 'King of Thieves' from ZeptoLab UK for USD 7.7 million (~INR 67 crore) to expand its global mobile gaming portfolio. 3️⃣ Leadership highlights this partnership as a key step in scaling Nazara's global presence in gaming and entertainment. 4️⃣ The investment and acquisitions underscore Nazara's aggressive strategy to strengthen its market position and capitalize on global gaming trends. #EntrepreneurshipStudio #NazaraTechnologies

📢 HYBE, another key holding in the MUSQ portfolio, releases its earnings report tomorrow. With its impressive performance, HYBE continues to drive value for our investors. Stay tuned for more updates on our top-performing assets. View all MUSQ Holdings here: https://lnkd.in/dvszPVdE #HYBE #EarningsReport #Investment #MusicIndustry

𝗙𝗿𝗼𝗺 𝗜𝗣𝗟 𝘁𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀: 𝗔𝗷𝗶𝗻𝗸𝘆𝗮 𝗥𝗮𝗵𝗮𝗻𝗲’𝘀 ₹𝟳𝟱 𝗟𝗮𝗸𝗵 𝗠𝗼𝘃𝗲 𝗶𝗻 𝗣𝗿𝗼𝘅𝗴𝘆 𝗨𝗻𝗹𝗶𝘀𝘁𝗲𝗱 𝗦𝗵𝗮𝗿𝗲𝘀! In the IPL Mega Auction, KKR made Ajinkya Rahane their weapon. But Ajinkya Rahane is ready to set himself on not just the cricket pitch but also the investment pitch. Yes, Ajinkya Rahane has bought shares of a company that has also appeared on Shark Tank and is becoming quite famous for its innovative products.  Now, what is that company, and how much has Ajinkya Rahane invested in it? Let us tell you! So, the company's name is Proxgy, in which, before Ajinkya Rahane, big names like Suniel Shetty, Nikhil Kamath, and Manish Patel had invested. We had also made a video about it. Now, speaking of Ajinkya Rahane, he has invested approximately ₹75 lakh in Proxgy at a valuation of ₹435 crore.  So, what are you waiting for? Such big names are investing in Proxgy. One more thing: we have limited stocks of it available. So, pick up your phone quickly and call Planify @ 70655 60002. #proxgy #ajinkyarahane #sunielshetty #investment #unlistedshares #preipo #investmentopportunity #kkr #ipl2025 #ipl #cricket

Nazara Technologies has secured ₹220 crore through a share subscription agreement with SBI Funds Management, as part of a larger capital-raising initiative totaling ₹900 crore. Under this agreement, the company will issue 23.5 lakh equity shares at ₹954.27 each. The funds will primarily be utilized to acquire an additional 19.35% stake in Absolute Sports Private Limited, the owner of the sports platform Sportskeeda. This acquisition will involve purchasing 41,173 equity shares for ₹145.47 crore, with the payment structured through a combination of cash and a share swap. Following this transaction, Nazara will hold 91.03% of Absolute's equity capital. #NazaraTechnologies #Funding #SBI #EquityShares #GamingIndustry #Sportskeeda #InvestmentNews

🚨 Founders of gaming firm Nazara sell 6.3% stake for Rs 300 crore 1️⃣ Nazara Technologies’ founders offloaded a stake of 6.38% in block deals to existing investor Plutus Wealth Management on Monday, May 27, according to disclosures made by the listed gaming company. The shares sold represent 40% of the promoter holding. 2️⃣ Following this transaction, the Mittersain promoter family will own just over 10% of Nazara, which was founded in 1999. 3️⃣ Plutus Wealth first made an investment in the company in 2020. It will now be the largest shareholder with a stake of nearly 22%. Other prominent shareholders are the family of late Rakesh Jhunjhunwala and Zerodha’s Nikhil Kamath. 4️⃣ The share sale would have fetched Nazara’s promoters close to Rs 300 crore. They had earlier sold shares worth Rs 75 crore during the company’s IPO in 2021. Article link in comments

Aelios bids $2.53B for Suntec REIT takeover Aelios, a Singapore-based company owned by billionaire Gordon Tang, has launched a $2.53 billion (S$3.39 billion) bid to acquire full ownership of Suntec Real Estate Investment Trust (REIT). #Aelios #SuntecREIT #RealEstate #SingaporeBusiness #GordonTang #InvestmentNews #RealEstateInvestment #StockMarketNews #REITs #BusinessUpdates #CorporateTakeover #FinancialNews #SingaporeREIT #IndiaNews #Business #Keralanews #Kerala #BusinessReviewLive #BRL #Keralabusinesses

"Grateful for the chance to have a personal discussion with Dinshaw Irani, CEO of Helios Capital, which is founded by Samir Arora who needs no introduction for anyone familiar with the Indian Stock Market, alongside our esteemed client Pragnesh Karia! 🌟 Dinshaw Irani's valuable insights on market and fund strategies were incredibly inspiring. 💼💡" #CEOInsights #MarketTrends #FundStrategies #ClientEngagement #MarketAnalysis #FundInsights #Helios #BluegridFinancial