Funding · Consumer Internet & Media

Nazara raises ₹734 crore via preferential issue

By Startup Enthusiast · 6 August 2026

What they do

Nazara Technologies is a gaming company

It raised ₹733.5 crore through a preferential issue of shares at ₹306 each

The incoming CEO and other founders of acquired firms subscribed to the issue

Nazara Technologies' board approved a preferential issue of up to 2,39,70,676 equity shares at ₹306 each, aggregating ₹733.5 crore.
The issue is subscribed entirely by founders and senior leadership of Bluetile Games and BestPlay Systems.
Incoming CEO Raymond Albaladejo Stauffer will invest approximately ₹583.5 crore, getting 1,90,67,969 shares and a 4.67% stake post-issue.
Marc Sylvester Schutze will invest ₹86.67 crore for 28,32,273 shares.
Maxime Loppin will invest ₹30.71 crore for 10,03,628 shares.
Alexandre Paul Jean Noirot-Cosson will invest ₹21.75 crore for 7,10,946 shares.
Alexander Osou will invest ₹8.17 crore for 2,66,895 shares.
Hugo Rémy Gaston Blavin will invest ₹2.72 crore for 88,965 shares.

Nazara acquired Bluetile Games and BestPlay Systems earlier in 2026 for a total of $303 million (approx ₹3,000 crore).
The acquired companies generated nearly ₹1,400 crore revenue in calendar year 2025.
Nazara reported a net loss of ₹82.5 crore in Q1 FY27, compared to a profit of ₹51.3 crore a year ago.
The stock has gained about 26% year-to-date in 2026.

Nazara Technologies is a gaming company.
It operates in the mobile gaming and esports space.
The company has acquired Bluetile Games (Spain-based) and BestPlay Systems (player engagement and distribution startup).
Nazara's Q1 FY27 operating revenue was ₹428.8 crore, down 14% from ₹498.8 crore a year ago.
The company reported a net loss of ₹82.5 crore in Q1 FY27, including ₹62 crore share of losses from associates and ₹22 crore impairment charge.

Proceeds will be used to strengthen the balance sheet, fund strategic acquisitions, growth initiatives, owned IP, AI-enabled game development, and global gaming strategy.
An EGM on August 30 will seek shareholder approval for the fundraise.
The board also approved increasing authorised share capital from ₹80 crore to ₹90 crore, subject to shareholder approval.

Raymond Albaladejo Stauffer (lead) — Founder and CEO of Bluetile Games, incoming CEO of Nazara from September 1, 2026.
Marc Sylvester Schutze (participated) — Founder or senior leadership of Bluetile Games or BestPlay Systems.
Maxime Loppin (participated) — Founder or senior leadership of Bluetile Games or BestPlay Systems.
Alexandre Paul Jean Noirot-Cosson (participated) — Founder or senior leadership of Bluetile Games or BestPlay Systems.
Alexander Osou (participated) — Founder or senior leadership of Bluetile Games or BestPlay Systems.
Hugo Rémy Gaston Blavin (participated) — Founder or senior leadership of Bluetile Games or BestPlay Systems.