About Nazara
Nazara is a publicly listed company based in Mumbai (India) founded in 1999 by Vikash Pratapchand Mittersain and Nitish Mittersain. It operates as a diversified gaming and sports media platforms are operated and developed. Nazara has raised $127.93 million across 16 funding rounds from investors including JetSynthesys, SBI Mutual Fund and ESL. The company has 63 employees. Nazara has completed 18 acquisitions, including Absolute Sports, Curve Games and Datawrkz. Nazara was last valued at $383.45 million in February 2021. Its website nazara.com draws about 115 thousand monthly visits. Its Indian entity Nazara Technologies Limited reported revenue of ₹3,073 Cr. Nazara offers products and services including Learning App, Online Playground, Mobile Sports Games, Sportskeeda, and NODWIN Gaming. Its focus areas include Mobile, Mobile Gaming, Game Developers and Casual. Its competitors include Zynga, Scopely, Tripledot, Jam City and Rovio and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 63
- Founders Vikash Pratapchand Mittersain, Nitish Mittersain
- Stage Minicorn
- SectorsMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website nazara.com
- Social LinkedIn X Facebook
- Legal Name Nazara Technologies Ltd.
- Annual Revenue₹3,073 Cr
FY 2026 · +79% YoY
- Net Profit₹67.02 Cr
FY 2026 · 2% margin
- EBITDA₹298 Cr
FY 2026 · 10% margin
- Total Equity Funding$127.93M (USD)
in 16 rounds
- Latest Funding Round$15.54M (USD), Post-IPO
Aug 2026
- InvestorsJetSynthesys
& 50 more
- Employee Count63
- Investments & AcquisitionsAbsolute Sports
& 17 more
Associated legal entities of Nazara
Nazara is associated with 3 registered companies on The Company Check; the primary company is Nazara Technologies Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nazara Technologies Limited Listed CIN L72900MH1999PLC122970 | Active | 08 Dec 1999 | Mumbai, Maharashtra | ₹3,073 Cr | 75 | 13 | View details |
| Iff Capital Advisors Llp CIN AAZ-0997 | Active | 21 Oct 2021 | Mumbai, Maharashtra | – | – | 2 | View details |
| Nazara Pro Gaming Private Limited CIN U74999MH2017PTC294895 | Active | 16 May 2017 | Mumbai, Maharashtra | ₹0.1 Cr | – | 2 | View details |
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.
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.
Funding Insights of Nazara
Nazara has successfully raised a total of $127.93M across 16 strategic funding rounds. The most recent funding activity was a Post-IPO round of $15.54 million completed in August 2026. 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 $127.93M
- Total Rounds 16
- Last Round Post-IPO — $15.54M
- First Round $1.5M
(Sep 2005)
- Investors Count 51
Latest 10 of 16 funding rounds of Nazara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $15.54M | Post-IPO | – | – | – |
| Jan 2025 | $60M | Post-IPO | – | – | |
| Nov 2024 | $100M | Post-IPO | – | – | |
| Sep 2023 | $49.3M | Post-IPO | – | – | |
| Sep 2023 | $12.09M | Post-IPO | – | – | |
| Jul 2023 | $90.73M | Post-IPO | – | – | – |
| Oct 2021 | $42.28M | Post-IPO | – | – | |
| Feb 2021 | $13.69M | Series C | $383.45M | Hornbill Capital | |
| Jul 2019 | $12.04M | Series C | $322.39M | Seedfund | |
| Jan 2018 | $18.32M | Series C | $••••• | ESL |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2021 | $383.45M | •••••••• |
| Jul 2019 | $322.39M | •••••••• |
| Jan 2018 | $••••• | •••••••• |
| Dec 2017 | $••••• | •••••••• |
| Dec 2017 | $••••• | •••••••• |
| Jan 2008 | $••••• | •••••••• |
| Sep 2005 | $••••• | •••••••• |
Full valuation and stage history of Nazara
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Last known valuation $383.45M (Feb 2021). 51 investors in total: 35 institutional and 16 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment Firm | – | thinkinvestments.com | San Francisco, United States | |
Investment firm focusing on securities, equity markets, and philanthropy in India. | 1994 | ratnabali.com | Kolkata, India | |
Venture capital funding is directed toward edtech sectors. | – | charteredfinanceandleasing.tcc.mode | Kolkata, India | |
Private equity firm focused on multiple sectors | – | nksquared.tcc.mode | Bengaluru, India | |
Sovereign wealth is managed and private equity investments are facilitated. | – | gic.com.sg | Singapore, Singapore | |
Private equity investments are directed across multiple sectors. | – | plutuswealth.in | Ahmedabad, India | |
Private equity firm focused on multiple sectors | – | instantgrowth.tcc.mode | - | |
Early-stage venture capital funding and support for Indian startups. | 2006 | seedfund.in | Mumbai, India | |
Early-stage investing in tech startups in India. | 2011 | kae-capital.com | Mumbai, India | |
Early-stage companies are targeted for series-stage venture capital investments. | – | kalystacapital.tcc.mode | - |
Investor details for Nazara
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Board of directors of Nazara Technologies Limited (Nazara)
Nazara Technologies Limited is the primary company behind Nazara. The boards of the 3 registered companies of Nazara currently have 12 directors; the longest-serving is Shobha Haresh Jagtiani, appointed in 2018. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shobha Haresh Jagtiani DIN 00027558 | Director | 04 Jan 2018 | 8 yrs 9 mo | Nazara Technologies Limited |
| Probir Kumar Roy DIN 00111961 | Director | 04 Jan 2018 | 8 yrs 9 mo | Nazara Technologies Limited |
| Sasha Gulu Mirchandani DIN 01179921 | Director | 04 Jan 2018 | 8 yrs 9 mo | Nazara Technologies Limited |
| Nitish Vikash Mittersain DIN 02347434 | Designated Partner | 21 Oct 2021 | 4 yrs 11 mo | Iff Capital Advisors Llp, Nazara Technologies Limited |
| Vikash Pratapchand Mittersain DIN 00156740 | Designated Partner | 21 Oct 2021 | 4 yrs 11 mo | Iff Capital Advisors Llp, Nazara Technologies Limited |
| Vivek Chopra DIN 10240558 | Director | 13 Aug 2024 | 2 yrs 2 mo | Nazara Technologies Limited |
| Deep Shashikant Mehta DIN 02236371 | Additional Director | 01 Oct 2024 | 2 yrs | Nazara Pro Gaming Private Limited |
| Shyamal Shashikant Mehta DIN 00491391 | Additional Director | 01 Oct 2024 | 2 yrs | Nazara Pro Gaming Private Limited |
| Arun Vijaykumar Gupta DIN 05131228 | Director | 17 Dec 2024 | 1 yr 9 mo | Nazara Technologies Limited |
| Rohit Sharma DIN 01738942 | Whole-time director | 13 Aug 2025 | 1 yr 2 mo | Nazara Technologies Limited |
| Muraarie Rajan DIN 02756837 | Additional Director | 12 May 2026 | 5 mo | Nazara Technologies Limited |
| Mithun Padam Sacheti DIN 01683592 | Additional Director | 12 May 2026 | 5 mo | Nazara Technologies Limited |
People of Nazara
32 people are tracked at Nazara (9 in leadership, 5 in board & advisors, 18 in team); the tracked headcount is 63.
| Name | Role | Group |
|---|---|---|
| Co-Founder & MD | Leadership | |
| Founder & Managing Director | Leadership | |
Rakesh Shah | CFO | Leadership |
Saikat Mondal | Sr. Vice President - Strategy And M&a | Leadership |
Amit Shah | General Manager Technology | Leadership |
Savio Saldanha | CEO - Middle East & Africa | Leadership |
Anupriya Sinha Das | Head Of Corporate Development | Leadership |
Kapil Kulkarni | General Manager, Corporate Development | Leadership |
Vipin Venugopalan | Head - Human Resources | Leadership |
Kuldeep Jain | Non-Executive Director | Board & advisors |
| Non-Executive, Independent Director | Board & advisors | |
| Independent Director | Board & advisors | |
| Non-Executive, Independent Director | Board & advisors | |
| Chairman & MD | Board & advisors | |
Yogesh Gawade | Senior Manager Accounts And Finance | Team |
Sandeep Dube | Assistant Manager-revenue Recognition And Collection | Team |
Rekha Mistry | Manager - HR | Team |
Abhishek Sharma | Senior Manager | Team |
Jaydeep Hande | Assistant Manager | Team |
Dilip Gupta | Software Engineer | Team |
12 more people are available in the full profile.
Complete people profiles for Nazara
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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.
- IPO date30 Mar 2021
- Listed onBSE: 543280 · NSE: NAZARA
- Listed entityNazara Technologies Ltd.
- Exchange sectorTechnology services
- ISININE418L01047
- Share price₹399.35 (-0.27% on the day) · 2026-10-14
- Market capitalisation₹14,837 Cr
- Price to earnings106.5
- EPS (diluted, trailing year)₹-1.42
- Volume (last session)817,491
Financials of Nazara
Figures of Nazara Technologies Limited, the primary company behind Nazara, for FY 2026. Revenue was ₹3,073 Cr (+79% year on year). Net profit was ₹67.02 Cr (2% margin). EBITDA was ₹298 Cr (10% margin). Revenue has grown at a compounded annual rate of +39% over three years and +46% over five years.
- ₹3,073 CrRevenue · FY 2026 · +79% YoY
- ₹67.02 CrNet profit · 2% margin
- ₹298 CrEBITDA · 10% margin
- ₹74.09 CrPaid-up capital
- 75Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +46%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹1,829 Cr | ₹95.8 Cr | ₹259 Cr |
| 2024 | ₹1,624 Cr | ₹75.8 Cr | ₹156 Cr |
| 2023 | ₹1,138 Cr | ₹56.6 Cr | ₹134 Cr |
| 2022 | ₹1,091 Cr | ₹39.4 Cr | ₹113 Cr |
| 2021 | ₹622 Cr | ₹28.4 Cr | ₹100 Cr |
Balance sheet, profit and loss, cash flow and ratios of Nazara Technologies Limited are on its company page.
Detailed financial statements for Nazara
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Entertainment services featuring gaming, virtual reality, and event hosting are provided by Smaaash. | smaaash-entertainment.in | – | 0 | Jun 2025 | $14.68M | |
PC and console-based casual games are published by the company. | curvegames.com | London, United Kingdom | 2005 | May 2025 | $28.91M | |
Birthday event management services are provided for clients in India. | funkymonkeys.in | Mumbai, India | 2012 | Dec 2024 | $5.17M | |
Independent mobile game development studio | fuseboxgames.com | London, United Kingdom | 2016 | Aug 2024 | $34.31M | |
Free-to-play online games for children are developed and offered. | wildworks.com | Salt Lake, United States | 2003 | Aug 2022 | $10.4M | |
Digital marketing services are offered to agencies, advertisers, and publishers. | datawrkz.com | Bengaluru, India | 2013 | Jan 2022 | $16.62M | |
Skill-based games and fantasy sports are provided by OpenPlay. | openplaytech.com | Kolkata, India | 2010 | Aug 2021 | $25.13M | |
Provider of web development, influencer, PR, and content marketing services | publishme.agency | Uskudar, Turkey | 2019 | Jun 2021 | $2.7M | |
Provider of advertising, social media, content creation, and branding services | publishmeglobal.com | Dubai, United Arab Emirates | 2019 | Jun 2021 | $2.41M | |
Online fantasy sports platform | halaplay.com | Bengaluru, India | 2016 | Jun 2020 | •••• |
Complete acquisition details for Nazara
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Timeline of Nazara
15 dated milestones of Nazara across 27 years, from founding to its latest funding, stage changes and deals.
- Founded Nazara is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires HalaPlay.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires PublishMe Agency.
- Acquisition Acquires PublishMe Global.
- Acquisition Acquires OpenPlay.
- Acquisition Acquires Datawrkz.
- Acquisition Acquires WildWorks.
- Acquisition Acquires Fusebox Games.
- Acquisition Acquires Funky Monkeys.
- Acquisition Acquires Curve Games.
- Acquisition Acquires Smaaash.
- Funding Latest funding round, Post-IPO, of $15.5M.
Competitors of Nazara
Nazara has 9 listed competitors in our database, 8 of them funded. They include Zynga, Scopely, Tripledot, Jam City and Rovio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zynga.com | 2007 | San Francisco, United States | $525.6M | 1,084 | Casual games developer and publisher for mobile and web platforms | |
| scopely.com | 2011 | Culver, United States | $1.02B | 746 | Casual mobile games are developed, published, and operated across platforms. | |
| tripledotstudios.com | 2017 | London, United Kingdom | $202M | 135 | Developer of mobile-based casual video games | |
| jamcity.com | 2007 | Culver, United States | $499.49M | 551 | Mobile games are developed and published by Jam City. | |
| rovio.com | 2003 | Espoo, Finland | $42M | – | Mobile game developer specializing in casual games | |
| king.com | 2003 | London, United Kingdom | – | 130 | King is recognized as a leading interactive entertainment company focused on mobile gaming. | |
| voodoo.io | 2013 | Paris, France | $200M | – | Arcade and simulation mobile games are developed by Voodoo. | |
| playtika.com | 2010 | Tel Aviv, Israel | $1.5M | – | Casual games are developed for mobile and web platforms. | |
| homagames.com | 2018 | Paris, France | $165M | – | Mobile-based casual games are developed and published. |
Detailed competitors of Nazara
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Web traffic of Nazara
The website of Nazara (nazara.com) receives about 114.9K visits a month.
- Monthly visits114.9K
▲ 27.7% vs previous month
Websites whose visitors overlap most with Nazara. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
techcircle.in | techcircle.in | 100% | – | #763,877 | – |
| indianstartupnews.com | 100% | 353.8K | #136,006 | View details | |
| entrackr.com | 80% | 753.1K | #77,013 | View details | |
screener.in | screener.in | 72% | – | #1,968 | – |
| groww.in | 66% | 60M | #754 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Nazara
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Top companies in DTC Media Innovators
10 companies that operate in the same segment as Nazara (DTC Media Innovators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – | |
Multi-category news is delivered through an app-based platform. | 2016 | Arlington, Virginia, United States | USD 30 M | – | 356 | |
News media platform covering combat sports | 2011 | Singapore | USD 386 M | – | – | |
Multi-category news is curated and delivered in multiple languages. | 2009 | Bengaluru, Karnataka, India | USD 129.01 M | – | 942 | |
Hyperlocal short news app is provided in multiple languages. | 2014 | Hyderabad, Telangana, India | USD 30.77 M | USD 5.35 M | 309 | |
Online platform publishing content focusing on investment | 2011 | Chicago, Illinois, United States | USD 60.4 M | – | – | |
Subscription-based sports media is delivered to local premium audiences. | 2016 | Chicago, Illinois, United States | USD 134.42 M | – | – | |
Multiple online media and lifestyle brands are owned and operated. | 2007 | Levallois-perret, Hauts-de-seine, France | USD 4.7 M | – | – | |
Sports commentary and news are provided through Hupu's platform. | 2004 | Shanghai, China | USD 338.72 M | – | – | |
Business news on technology, media, and finance is delivered online. | 2007 | New York, New York, United States | USD 64.61 M | – | – |
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Related news about Nazara
Complete news archive for Nazara
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Articles about Nazara on our blog
Frequently Asked Questions about Nazara
Nazara was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Nazara is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nazara is a funded company, having raised a total of $127.93M across 16 funding rounds to date. The company's 1st funding round was a Series C of $18.32M, raised on Sep 2005.
Nazara has 63 employees.
The primary company behind Nazara, Nazara Technologies Limited, reported revenue of ₹3,073 Cr for FY 2026, up 79% year on year.
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.
Nazara offers Learning App, Online Playground, Mobile Sports Games, Sportskeeda, and NODWIN Gaming.
Yes, Nazara is publicly traded on NSE under the ticker symbol NAZARA.
Nazara has made 18 acquisitions, including Absolute Sports, Curve Games, and Datawrkz.
Nazara has 51 investors. Key investors include JetSynthesys, SBI Mutual Fund, ESL, 360 One, and Kae Capital.
The valuation of Nazara is $383.45M as of Feb 2021.