Nazara Technologies Ltd: History, Latest Updates, Milestones, Subsidiaries, and Share Price
INTRODUCTION
Nazara Technologies Ltd is a leading diversified gaming and sports media company headquartered in Mumbai, India. Established in 1999 by Nitish Mittersain, the company has steadily evolved from offering mobile value-added services to becoming a dominant player in interactive gaming, e-sports, and gamified early learning. With a strong presence in over 70 countries across India, the Middle East, Africa, and North America, Nazara has built a robust portfolio of gaming and media assets, including popular names like Nodwin Gaming, Sportskeeda, Kiddopia, and Halaplay.
The company has been at the forefront of India’s digital entertainment boom, capitalizing on the rapid adoption of smartphones and growing demand for mobile gaming and online content. After making its debut on the Indian stock exchanges in 2021, Nazara Technologies drew considerable attention from retail and institutional investors alike. Since then, the Nazara Tech share price has become a key indicator of market sentiment surrounding the digital gaming and media sector in India.
This article provides a comprehensive look at Nazara Technologies Ltd—tracing its journey, highlighting major milestones, exploring its subsidiaries, covering the latest updates, and analyzing trends around the Nazara Tech share price.
Nazara Technologies Ltd moves in 2025:
Nazara Technologies Ltd has made bold and strategic advancements in 2025, reflecting strong growth potential and positively influencing investor sentiment around the Nazara Tech share price.
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Impressive Financial Growth: In the fourth quarter of FY25, the company reported an outstanding 95% year-on-year rise in revenue, reaching Rs. 520.2 crore. Net profit doubled to Rs. 16 crore, up from Rs. 8 crore in the previous year. For the full year, EBITDA hit a record high of Rs. 153.5 crore on total revenues of Rs. 1,624 crore. These numbers have helped strengthen confidence in the company’s long-term performance, which is often reflected in movements in the Nazara Tech share price.
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Major International Acquisition: Nazara completed the acquisition of Curve Games, a UK-based developer and publisher in the PC and console gaming space. This Rs. 247 crore deal marks Nazara’s strategic entry into the global console and PC gaming market, which is expected to create new revenue streams and long-term value—factors closely watched by analysts tracking the Nazara Tech share price.
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Strengthening of IP and Subsidiary Network: The company expanded its digital media footprint through its subsidiaries. Sportskeeda's parent firm, Absolute Sports, acquired rights to leading wrestling content platforms, while Nodwin Gaming took over AFK Gaming for Rs. 7.6 crore. Such strategic consolidations play a key role in building Nazara’s ecosystem and indirectly impact investor confidence and the Nazara Tech share price.
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Entry into Experiential Gaming: In a new direction, Nazara received approval from the NCLT to acquire Smaaash Entertainment, an experiential gaming company. This move extends Nazara’s reach from digital-only services to physical entertainment experiences—a diversification move seen as promising for the company’s future outlook and, by extension, the Nazara Tech share price.
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Capital Infusion for Expansion: Earlier this year, Nazara raised Rs. 495 crore through a preferential equity issue, aimed at funding acquisitions and internal growth. This capital backing strengthens the company’s balance sheet and supports strategic ambitions that contribute to the long-term stability of the Nazara Tech share price.
Evolution of Nazara Technologies Ltd: From Past to Present:
Past:
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Nazara Technologies Ltd was founded in 1999 with a vision to bring interactive entertainment to mobile users in India. Initially focusing on mobile value-added services, the company quickly identified mobile gaming as a high-growth sector in the early 2000s. Over time, Nazara broadened its focus to include casual and sports-based gaming, leveraging the rising popularity of smartphones in India. One of its key early achievements was acquiring Kiddopia, an educational gaming platform for children, through its full acquisition of Paper Boat Apps in 2024 for approximately Rs. 300 crore. This move strengthened Nazara’s presence in the gamified learning space. The company also made strides in adopting cutting-edge technologies, such as artificial intelligence, and collaborated with regional governments to foster innovation in gaming and digital content creation.
Present:
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By 2025, Nazara Technologies will have established itself as a global force in gaming and digital media. With strong growth across mobile games, e-sports, and gamified learning, the company expanded globally by acquiring Curve Games and securing Smaaash Entertainment. Its Q4 FY25 revenue surged 95% year-on-year to Rs. 520.2 crore, with net profit doubling to Rs. 16 crore. Strategic divestments and focused growth in subsidiaries like Nodwin Gaming have positioned Nazara as a leading multi-platform entertainment brand.
Name |
Nazara Technologies |
Founded year |
1999 |
Chairman |
Vikash Mittersain – Chairman & MD Nitish Mittersain – CEO & Joint MD |
Subsidiaries |
WildWorks Nextwave Multimedia Kiddopia Sportskeeda Nodwin Gaming Fusebox Games Curve Games |
Headquarters |
Mumbai, Maharashtra, India |
Sector |
Technology |
Nse code |
NAZARA |
Bse code |
543280 |
Timeline of Nazara Technologies Ltd :
Year |
Event / Milestone |
1999 |
Founded in Mumbai as Nazara.Com Pvt. Ltd. under the 1956 Companies Act. |
2003 |
Renamed to Nazara Technologies Private Limited |
2004 |
Launched Java pay-per-download games with BPL and Hutch; gained exclusive Sachin Tendulkar gaming rights. |
2005 |
Received first round of funding from WestBridge; signed M.S. Dhoni for exclusive mobile gaming content |
2006 |
Partnered with telecom players like Tata Teleservices and Vodafone |
2007 |
Secured second investment round from WestBridge; partnered with Bharti Airtel |
2008 |
Entered a content distribution deal with Electronic Arts to bring their games to the Indian market. |
2009 |
Launched subscription-based Games Club model with Reliance Communications |
2011 |
Expanded into the Middle East with a regional office in Dubai |
2013 |
Started business operations in Kenya, Nigeria, Uganda, Zambia, Mauritius, and Singapore |
2015 |
Entered Freemium gaming in India; signed IP deals with Virat Kohli, Hrithik Roshan, and Chhota Bheem |
2017 |
Became a public company; renamed Nazara Technologies Limited Acquired 52.38% in Next Wave Multimedia |
2018 |
Purchased a 54.99% stake in Nodwin Gaming, initiating Nazara’s venture into esports. |
2019 |
Acquired CrimzonCode (100%), Sports Unity (62.53%), and Absolute Sports/Sportskeeda (63.90%) Gained control in Halaplay |
2020 |
Acquired 50.91% in Paper Boat Apps |
2021 |
Secured an investment of Rs. 100 crore from Instant Growth Ltd. Krafton invested Rs. 109.85 crore in Nodwin Gaming |
2023 |
Established a specialized game publishing unit to empower Indian game developers. |
2024 |
Collaborated with Telangana Government to establish an AI Centre of Excellence. Signed LOI with Lysto for The Growth Protocol Announced Rs. 196 crore in five gaming & entertainment investments Launched gCommerce via ONDC integration Approved merger of Paper Boat Apps |
Inside Nazara Technologies Ltd:
Nazara Technologies Ltd
Corporate actions: Nazara Technologies Ltd. has issued one bonus share to date, which was announced in a 1:1 ratio with an ex-date of June 24, 2022. Since January 1, 2000, the company has neither declared any dividends nor undertaken any stock split.
Main News:
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Nazara to Acquire Smaaash Entertainment (May 2025)
Nazara received clearance from the NCLT to take over Smaaash Entertainment, marking its expansion into physical gaming zones. This diversification is likely to influence future business prospects and could contribute to upward momentum in the Nazara Tech share price.
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Nazara Completes Curve Games Acquisition (May 2025)
Nazara's Rs. 247 crore purchase of Curve Games in the UK marks a significant step into the international console and PC gaming arena.This move is seen as a long-term growth driver and has added positive traction to the Nazara Tech share price in recent weeks.
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Strong Q4 FY25 Results Announced (May 2025)
Nazara posted Q4 FY25 revenue of Rs. 520.2 crore and net profit of Rs. 16 crore. This performance reinforced investor optimism, contributing to stability in the Nazara Tech share price despite broader market volatility.
Nodwin Gaming
Main News:
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April 9, 2025 – Nodwin Gaming launched a wholly owned Delaware subsidiary to expand its esports operations within the U.S. market.
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May 21, 2025 – Nodwin Gaming partnered with Banijay Asia for the esports reality show Playground and other new entertainment IPs, enhancing its content and youth engagement.
Sportskeeda / Absolute Sports
Main News:
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March 21, 2025-Nazara gained full control of Sportskeeda by acquiring the final 8.97% stake in Absolute Sports.
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May 7, 2025 –Absolute Sports enhanced its wrestling lineup by acquiring TJRWrestling.net and ITRWrestling.com for Rs. 10.4 crore in cash.
Fusebox Games
Main News:
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May 20, 2025 –Fusebox Games joined forces with Banijay Rights to launch Big Brother: The Game worldwide, engaging fans of the popular reality series.
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January 15, 2025 –Fusebox Games collaborated with Banijay Rights to develop mobile-based interactive fiction games for Bigg Boss and Big Brother, slated for release in 2025.
Current Nazara share price NSE:
COMPANY NAME |
SECTOR |
SHARE PRICE LINK |
Nazara Technologies Ltd |
IT - Software |
Achievements and Milestones:
Presented below is a handpicked selection of key awards, honors, and milestones that showcase Nazara Technologies Ltd.'s leadership and innovation in gaming and digital media.
Year |
Award / Recognition |
Description |
2020 |
Won Google Play’s 2020 User’s Choice title for standout performance in mobile entertainment. |
Won the User’s Choice award in Google Play’s 2020 Best of Awards. |
2020 |
AatmaNirbhar Bharat App Innovation Challenge |
Recognized by the Government of India under the AatmaNirbhar Bharat initiative. |
2016 |
MADDIES – Silver (Apps/Games Innovation) |
Awarded at the MADDIES Awards for innovation in app/game design. |
2017 |
M-Billionth Awards – Sportsie |
Honored as part of the M-Billionth Awards in the sports category. |
2000 |
Visionary Award |
Honor recognizing vision and innovation. |
2000 |
Young Achievers Award |
Early-career recognition for outstanding achievements. |
2012 |
Outstanding Young Person Award |
Prestigious award honoring young leaders. |
– |
Indian Digital Media Awards |
Honored for outstanding achievement in digital media (year not specified). |
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Deloitte Technology Fast 50 India |
Acknowledged as one of India’s fastest-growing tech companies. |
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Frost & Sullivan India Excellence Awards |
Awarded for industry excellence (year unspecified). |
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Benchmark MPF Annual; MPF Rating MPF; Bloomberg Business Weekly Leading Fund |
Industry fund awards associated with Nazara’s subsidiary AIA. |
CONCLUSION
Nazara Technologies Ltd. has demonstrated remarkable evolution—from its early beginnings in mobile gaming to becoming a global force in e-sports, gamified learning, and digital entertainment. With strategic acquisitions, consistent financial growth, and strong brand equity across subsidiaries, Nazara continues to capture investor interest and industry attention alike. As the company expands into global markets and physical gaming arenas, its innovation-led strategy is expected to fuel long-term value creation. For market watchers and investors, the Nazara Tech share price remains a key metric reflecting the company’s dynamic growth and evolving leadership in the gaming ecosystem.
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Frequently Asked Questions:
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Where can I find real-time updates on the Nazara Tech share price?
Explore the latest Nazara technologies share price and real-time stock price updates on Enrich Money's stock analysis page here.
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What has been the peak Nazara Technologies Ltd share price in the last 52 weeks?
52 Week's highest Nazara Tech share price is Rs 1,326.50, while 52 Week's lowest Nazara Tech share price is Rs
787.90.
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What influences the Nazara Tech share price the most?
Strategic acquisitions, quarterly financial results, and new market expansions are key drivers of the Nazara Tech share price.
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How did Nazara's Q4 FY25 performance affect the Nazara Tech share price?
Nazara’s 95% YoY revenue growth and doubled net profit in Q4 FY25 boosted investor confidence, leading to stability in the Nazara Tech share price.
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Has capital infusion helped stabilize the Nazara Tech share price?
Absolutely. The Rs. 495 crore raised for expansion has strengthened the company’s growth prospects, supporting a stable Nazara Tech share price.
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