Nazara Technologies invests Rs 196 crore in new startups, subsidiaries

The Mumbai-based online gaming company has acquired a 60% stake in indoor play centre startup Funky Monkeys Play for Rs 43.7 crore and invested Rs 4.2 crore in LearnTube.ai, an educational platform that enhances gamified learning experiences. The remaining Rs 148 crore has been allocated to hike Nazara’s holding in existing subsidiaries -- Nodwin Gaming, Sportskeeda and Datawrkz – to support their growth.
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