Nazara Technologies raises Rs 410 Cr from SBI Mutual Fund for Expansion Purposes

  • Second tranche of Rs 750 Cr fundraising, SBI Mutual Fund will now hold 7.83% stake.
  • Funds designated for strategic acquisitions, investments in corporate entities, and meeting growth objectives.
  • Follows a Rs 100 Cr infusion by Kamath brothers, bumping Nazara’s market cap to Rs 5,765.4 Cr.
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