Odaily Planet Daily News Indian diversified game and sports media platform Nazara Technologies Limited completed a financing of US$49.2 million at a valuation of US$230 million. SBI Mutual Fund, SBI Magnum Global Fund and SBI Technology Opportunities Fund participated in the investment.
Nazara announced that it will use the new funds to invest in new businesses such as e-sports and blockchain games, and will also make strategic acquisitions and investments in some game and sports media companies. (Techinasia)