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15 companies express interest to acquire Smaaash Entertainment
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    15 companies express interest to acquire Smaaash Entertainment

    21 July 2023

    Nazara Technologies, Malpani Group, Manikchand Group and Tech Connect Services are among 15 companies in the fray for acquiring Smaaash Entertainment, a sport-centric digital entertainment company undergoing insolvency proceedings. Smaaash is promoted by Shripal Morakhia, who formerly owned stockbroking-cum-investment firm SSKI-Sharekhan. The gaming company is also backed by cricketer Sachin Tendulkar, who had received a sweat equity of 4.2% when the company was launched.