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Acquisition · 31 October 2026Nazara TechnologiesMumbai gaming companynazara.com ↗

Nazara pays second tranche for Spanish gaming buys

By · Editor ·

Mumbai
  • Nazara Technologies is a Mumbai-listed gaming and sports media group that has been expanding abroad through acquisitions
  • It put $77 million into its UK arm, which then paid the same sum in cash to the sellers of Bluetile Games and Bestplay Systems
  • The full price is about $303 million, so a balance remains to be paid under the amended purchase agreement

What happened

  • Nazara moved $77 million (about ₹734 crore) into its wholly owned UK subsidiary.
  • The UK arm paid the same amount to sellers as the second tranche.
  • Both Spanish studios stay wholly owned by the UK arm.

Why it matters

  • It shows Nazara is pushing further into overseas gaming assets.
  • The remaining payment still has to be made, so cash needs continue.

The business

  • Nazara is a listed Indian gaming and sports media company.
  • It buys and runs game studios in several countries.

The founders

Nitish Mittersain

Founder
in

In numbers

$303.02MTotal consideration · 2026

What happens next

  • Nazara will share an update on the balance payment in due course.

Words to know

Tranche
One instalment of a payment made in parts.

The numbers around it

Nazara Technologies has 3 funding rounds in StopDown's archive, ₹474 Cr raised in all.

#The numbers around it
WhenRoundAmountLed by
6 August 2026preferential issue₹733.5 croreRaymond Albaladejo Stauffer
6 June 2026warrant-issue₹474 CrFidelis Global (Riambel Capital PCC-RCC1)
30 March 2026preferential warrant issue₹500 croreRiambel Capital PCC

Consumer Internet & Media in October 2026: 5 rounds with a disclosed amount, $75.2 million in all; the biggest was Eloelo ($50-60M). Every sector this year →

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