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.
