Nazara Technologies, privately owned and headquartered in India, founded in 2000, operates with approximately 150 employees, and reported $66.7M in revenue as of 2023. The company specializes in consumer gaming. Functioning as a mobile gaming company, it primarily serves the Indian market.
Mutual funds have selectively reduced their stakes in certain Indian stocks, including Nazara, as of April 28, 2026, while concurrently increasing investments in the broader market to offset foreign investor selling. Previously, India's online gaming sector underwent a significant shift following the enactment of the Promotion and Regulation of Online Gaming Act 2025. This law, which banned real-money gaming, compelled companies like Nazara Technologies to pivot their business models away from betting towards engagement and entertainment-focused games, leading some to pursue international markets. Earlier in the month, on April 13, NODWIN Gaming, an esports platform, appointed former Nazara Technologies CEO Manish Agarwal as a non-executive director to its board, leveraging his gaming industry and IPO expertise ahead of its planned $100 million pre-IPO fundraising round. Nazara Technologies itself announced on April 9 an Extra-Ordinary General Meeting (EGM) scheduled for May 1, 2026, to be held virtually.
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Nazara Technologies offers products in the media and telecoms services industry. Nazara Technologies's product portfolio comprises of consumer gaming.
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Nazara Technologies's revenues were less than $100M in 2023. All the revenue comes from video games.
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