Nazara Technologies company logo

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nazara.com

Founded Year

1999

Stage

IPO | IPO

Total Raised

$96.73M

Date of IPO

3/19/2021

Market Cap

33.51B

Revenue

$0000 

About Nazara Technologies

Nazara is a mobile entertainment company focused on its mobile subscriber base in India. The company develops a range of branded and original mobile content that aims to be highly relevant to the culturally diverse consumer base in the country. Nazara also aims to provide complete solutions for the development, deployment, targeting and tracking of promotional campaigns on emerging mobile platforms.

Nazara Technologies Headquarter Location

51-57 Maker Chambers 3 Nariman Point

Mumbai, 400 021,

India

+91 2240330800

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Latest Nazara Technologies News

CLoudFeather Games raises funding from Nazara & OYO officials, other VCs

Jun 22, 2022

By ADVERTISEMENT Bengaluru-based CloudFeather Games on Wednesday said it has raised $1.25 million (Rs 9.78 crore) in a seed funding led by Lumikai, with participation from Venture Highway, OYO’s global chief strategy officer, Maninder Gulati and Nazara Technologies’ chief, Manish Agarwal. ADVERTISEMENT The startup - providing real-money gaming and WEB3 tools for game developers - plans to use the fresh funds to make key hirings across verticals as it scales its developer outreach programs, both for domestic and global game studios. Established in 2020 amid the pandemic by Romi and Yash Chandra, CloudFeather aims to provide developers with in-built engagement and monetization into their games. The solution is a suite of full-stack competitive formats (tooling kits) that would offer developers a third-pillar of monetisation beyond in-app purchases (IAPs) and advertisements. ADVERTISEMENT “Casual games do not have meaningful monetization avenues outside of Ads and IAPs. Given this, there is room for disruption by providing a novel monetization avenue which supercharges game engagement, without developers needing to re-design their existing game economies. We look forward to working with gaming leaders Lumikai and a curated group of strategic investors,” said Romi Chandra, co-founder, CloudFeather Games. “Romi and Yash have pioneered system architectures for RMG platforms serving tens of millions of users. Leveraging their unique technical expertise in this space, they’re building a suite of tools for any game developer to supercharge community retention and monetisation, while also providing new experiences for gamers,” said Justin Shriram Keeling, founding general partner, Lumikai. Lumikai is India’s first dedicated gaming and interactive media venture capital firm. The fund is building a next generation tribe of India’s creative and talented founders. The firm has backed Indian companies including Bombay Play (building global hypersocial, cross platform games), game streaming platform, Loco and Eloelo (creator led, social gaming, live streaming platform), among others. According to a report by investment banking platform Maple Capital Advisors, gaming startups in India have attracted deals worth $1.6 billion in the first nine months of 2021 , exceeding the total value of investments in the sector over last five years. With the onset of WEB3 and fantasy sports in India, the ecosystem has seen significant number of developments since the start of 2022. Earlier in June, cloud gaming company, the Gaming Project secured a seed funding led by Faad Network. E-sports platform FanClash recently raised $40 million in a Series B round from Sequoia Capital India, Falcon Edge, Info Edge and Matic Networks. ADVERTISEMENT

Nazara Technologies Web Traffic

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  • When was Nazara Technologies founded?

    Nazara Technologies was founded in 1999.

  • Where is Nazara Technologies's headquarters?

    Nazara Technologies's headquarters is located at 51-57 Maker Chambers 3, Mumbai.

  • What is Nazara Technologies's latest funding round?

    Nazara Technologies's latest funding round is IPO.

  • How much did Nazara Technologies raise?

    Nazara Technologies raised a total of $96.73M.

  • Who are the investors of Nazara Technologies?

    Investors of Nazara Technologies include Hornbill Capital, Plutus Wealth Management, WestBridge Capital, ESL Gaming, Rakesh Jhunjhunwala and 4 more.

  • Who are Nazara Technologies's competitors?

    Competitors of Nazara Technologies include Mobile Premier League and 2 more.

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