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Nazara Technologies’ arm to invest $2.5 million in BITKRAFT Ventures

05 Apr 2022 Evaluate

Nazara Technologies’ wholly owned subsidiary -- Nazara Pte (Nazara) is planning to invest $2.5 million in BITKRAFT Ventures out of which $0.875 million will be invested upfront, while the balance investment amount of $1.625 million will be deployed over a period of three years. BITKRAFT Ventures is a leading investment platform for gaming and Web3 / blockchain projects globally. Nazara, with the above proposed investment, aims to build a network with Limited Partners (LP) as well as the investee companies to gain access into the global gaming ecosystem.

Nazara aims to leverage the BITKRAFT Ventures network for strategic initiatives i.e. Potential partnerships and/ or potential investment into the company & its subsidiaries, Securing deal flow for future M&A from the current portfolio of the funds as well as inflow of deals coming to funds and Co-investment opportunities into highly sought-after founders/ companies.

Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.

Nazara Technologies Share Price

273.80 12.85 (4.92%)
17-Apr-2026 16:59 View Price Chart
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