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About the Company:
Nazara Technologies is a company developing mobile content in India and offers games, multimedia, themes, and wallpapers, etc. The company is engaged in value addition to and distribution of mobile games across emerging markets such as the Middle East, Africa, South East Asia, and India.
Strengths of the Company:
1. Ace investor Mr. Rakesh Jhunjhunwala holds a minority stake of 12 % in Nazara Technologies for about ₹ 180 Crs.
2. The company is popularly known for its games in World Cricket Championship, Virat Star Cricket, Chhota Bheem, and Motu Patlu series.
Financials of the Nazara Technologies:
1. Revenue ( 2019- 2020 )- 262.9 Crores
2. Revenue Growth in 1 year (2019- 2020)- 41.3%
3. EBITDA- 8 Crores
1. Rakesh Jhunjhunwala holds around an 11.99% stake in Nazara Tech.
2. Other top shareholders include Westridge Ventures, IIFL Opportunities fund, and Emerging Investments Limited.
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