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Nazara Technologies Raises Rs 100 Cr from Kamath Brothers’ Firms

  • Nazara Technologies has secured Rs 100 Cr ($12 million) in funding from Kamath Associates & NKSquared, managed by Zerodha’s co-founders.
  • The funds will be used for Nazara’s growth objectives including strategic acquisitions and investments.
  • The funding comes amid the online skill gaming industry facing a 28% GST rule imposed by the Indian government.
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