Nazara to raise Rs 900 crore, hikes stake in Absolute Sports to 91%

This is Mumbai-based Nazara's largest fundraise so far. Investors in the round included SBI Mutual Fund, CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Cohesion Investments, Chartered Finance and Leasing etc. Additionally, Nazara Technologies acquired a further 19.35% stake in Absolute Sports, taking its total holding to 91%.
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