About Nazara
Nazara is a company based in Mumbai (India) founded in 1999 by Vikash Pratapchand Mittersain and Nitish Mittersain.. Nazara has raised $127.93 million across 14 funding rounds from investors including JetSynthesys, SBI Mutual Fund and ESL. The company has 63 employees as of March 31, 2024. Nazara has completed 18 acquisitions, including Absolute Sports, Curve Games and Datawrkz. Nazara offers products and services including Learning App, Online Playground, Mobile Sports Games, Sportskeeda, and NODWIN Gaming. Nazara operates in a competitive market with competitors including Zynga, Scopely, Tripledot, Jam City and Rovio, among others.
- Headquarter Mumbai, India
- Employees 63 as on 31 Mar, 2024
- Founders Vikash Pratapchand Mittersain, Nitish Mittersain
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nazara Technologies Ltd.
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Annual Revenue
$189.72 M (USD)42.66as on Mar 31, 2024
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Net Profit
$8.86 M (USD)34.03as on Mar 31, 2024
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EBITDA
$18.22 M (USD)16.17as on Mar 31, 2024
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Total Equity Funding
$127.93 M (USD)
in 14 rounds
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Latest Funding Round
$60 M (USD), Post-IPO
Jan 20, 2025
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Investors
JetSynthesys
& 50 more
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Employee Count
63
as on Mar 31, 2024
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Investments & Acquisitions
Absolute Sports
& 17 more
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IPO & Listings of Nazara
Nazara is a publicly listed company on the NSE with ticker symbol NAZARA in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Nazara
Nazara offers a comprehensive portfolio of products and services, including Learning App, Online Playground, Mobile Sports Games, Sportskeeda, and NODWIN Gaming. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for preschoolers to learn math and science through interactive activities.
Platform for kids to chat, play games, and learn fun facts safely.
Franchise with real-time cricket gameplay and exclusive modes.
Website providing sports and esports news and updates.
Company organizing regional esports tournaments and events.
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Funding Insights of Nazara
Nazara has successfully raised a total of $127.93M across 14 strategic funding rounds. The most recent funding activity was a Post-IPO round of $60 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 14
- Last Round Post-IPO — $60.0M
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First Round
First Round
(28 Sep 2005)
- Investors Count 51
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Post-IPO - Nazara | Valuation |
investors |
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| Nov, 2024 | Amount | Post-IPO - Nazara | Valuation |
investors |
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| Sep, 2023 | Amount | Post-IPO - Nazara | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nazara
Nazara has secured backing from 51 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include JetSynthesys, SBI Mutual Fund and ESL. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment Firm
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Founded Year | Domain | Location | |
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Investment firm focusing on securities, equity markets, and philanthropy in India.
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Founded Year | Domain | Location | |
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Venture capital funding is directed toward edtech sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nazara
Nazara has strategically engaged in corporate development activities, having acquired 18 companies. Notable acquisitions include Absolute Sports, Curve Games and Datawrkz. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of web development, influencer, PR, and content marketing services
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2019 | ||||
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Provider of advertising, social media, content creation, and branding services
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2019 | ||||
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Independent mobile game development studio
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nazara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nazara Comparisons
Competitors of Nazara
Nazara operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zynga, Scopely, Tripledot, Jam City and Rovio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Casual games developer and publisher for mobile and web platforms
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| domain | founded_year | HQ Location |
Casual mobile games are developed, published, and operated across platforms.
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| domain | founded_year | HQ Location |
Developer of mobile-based casual video games
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| domain | founded_year | HQ Location |
Mobile games are developed and published by Jam City.
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| domain | founded_year | HQ Location |
Mobile game developer specializing in casual games
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| domain | founded_year | HQ Location |
King is recognized as a leading interactive entertainment company focused on mobile gaming.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nazara
Frequently Asked Questions about Nazara
When was Nazara founded?
Nazara was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Where is Nazara located?
Nazara is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Nazara a funded company?
Nazara is a funded company, having raised a total of $127.93M across 14 funding rounds to date. The company's 1st funding round was a Post-IPO of $12.09M, raised on Sep 28, 2005.
How many employees does Nazara have?
As of Mar 31, 2024, the latest employee count at Nazara is 63.
What is the annual revenue of Nazara?
Annual revenue of Nazara is $189.72M as on Mar 31, 2024.
What does Nazara do?
Nazara was founded in 1999 and is headquartered in Mumbai, India. Operations focus on the gaming and sports media sector, where learning apps for preschoolers, online playgrounds for kids, and mobile sports games are developed. A sports news website is maintained, esports tournaments are organized through a dedicated company, and a games marketing agency is run to connect brands, publishers, and gamers.
Who are the top competitors of Nazara?
What products or services does Nazara offer?
Nazara offers Learning App, Online Playground, Mobile Sports Games, Sportskeeda, and NODWIN Gaming.
Is Nazara publicly traded?
Yes, Nazara is publicly traded on NSE under the ticker symbol NAZARA.
How many acquisitions has Nazara made?
Nazara has made 18 acquisitions, including Absolute Sports, Curve Games, and Datawrkz.
Who are Nazara's investors?
Nazara has 51 investors. Key investors include JetSynthesys, SBI Mutual Fund, ESL, 360 One, and Kae Capital.
What is Nazara's ticker symbol?
The ticker symbol of Nazara is NAZARA on NSE.
What is Nazara's valuation?
The valuation of Nazara is $383.45M as of Feb 2021.
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