Gaming platform Nazara Technologies raises $100 Mn ahead of IPO

Gaming platform Nazara Technologies raises $100 Mn ahead of IPO

North America-based Hornbill Capital’s subsidiary invested in Nazara

Nazara Technologies filed a draft for IPO on January 15

If successful, Nazara would be the first Indian gaming company to go public

It intends to expand its distribution network through the funding

Currently, Nazara has presence across 64 countries

In the last five years, it has invested over ₹300 crores in the Indian gaming ecosystem

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