Nazara Tech Meets Dolat Capital Amid Growth Push

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AuthorVihaan Mehta|Published at:
Nazara Tech Meets Dolat Capital Amid Growth Push
Overview

Nazara Technologies meets Dolat Capital in Mumbai on April 7, 2026. The gaming company is actively raising ₹500 crore and making key acquisitions as part of its global expansion strategy.

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Nazara Tech Meets Dolat Capital Amid Growth Plans

Nazara Technologies representatives will hold a physical one-on-one meeting with Dolat Capital in Mumbai on Tuesday, April 7, 2026, starting at 12:30 p.m. IST.

This engagement comes as Nazara actively pursues significant growth. The company plans to raise ₹500 crore through preferential warrants, priced at ₹260 each. This capital is intended for strategic acquisitions. Key among these is a deal to acquire a 50% stake in Spain-based Bluetile Games and its platform BestPlay Systems for approximately ₹918 crore. These moves aim to expand Nazara's AI-enabled global gaming business. Nazara Technologies went public in March 2021.

In Q3 FY26, Nazara reported revenues of ₹406 crore.

The company operates in India's fast-growing gaming market, which is projected to reach $8.36 billion by 2030, driven by smartphone use and digital adoption. Delta Corp Ltd is a peer focused on casino and online gaming.

Nazara Technologies has encountered tax-related challenges. These include a rejected GST appeal of ₹2.84 crore and penalties related to export proceeds from fiscal years 2017-18 and 2018-19. The company also faces contingent liabilities from GST Show Cause Notices.

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