Nazara to Invest in STAN

Nazara to Invest in STAN

Investments

12 September 2024 16:51

Nazara Technologies has acquired a 15.86% stake in STAN, an Indian esports community platform, for INR 18.4 crore (US$2.2 million). The acquisition, executed through Nazara’s subsidiary Nazara Dubai FZ, is part of the company's strategy to expand its presence in the global esports market.

According to release STAN aligns with Nazara’s goal to integrate community-driven platforms as it seeks international growth.

More:52 Entertainment Acquires Blackout

Nitish Mittersain, Founder and CEO of Nazara, stated “Nazara’s investment in STAN strengthens our position in the rapidly growing gaming and esports landscape. STAN’s mobile-first approach and focus on community engagement align perfectly with our vision to become a leading player in the global esports ecosystem. This acquisition allows us to expand our reach while empowering content creators and fostering a stronger gaming community.”'

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Nazara to Invest in STAN

Investments

12 September 2024 16:51

Tags: Nazara

Nazara Technologies has acquired a 15.86% stake in STAN, an Indian esports community platform, for INR 18.4 crore (US$2.2 million). The acquisition, executed through Nazara’s subsidiary Nazara Dubai FZ, is part of the company's strategy to expand its presence in the global esports market.

According to release STAN aligns with Nazara’s goal to integrate community-driven platforms as it seeks international growth.

More:52 Entertainment Acquires Blackout

Nitish Mittersain, Founder and CEO of Nazara, stated “Nazara’s investment in STAN strengthens our position in the rapidly growing gaming and esports landscape. STAN’s mobile-first approach and focus on community engagement align perfectly with our vision to become a leading player in the global esports ecosystem. This acquisition allows us to expand our reach while empowering content creators and fostering a stronger gaming community.”'

Share:

Sources:

Report mistake Submit news

Related news

View All

Nazara Acquires Curve Games

India-based gaming and sports media company Nazara Technologies has announced the acquisition of UK publisher Curve Games for £21.7 million,...

Investments

May 20, 2025

Nazara Secures $108m

Nazara Technologies has secured $108 million to enhance its merger and acquisition activities, attracting investment from firms such as SBI...

Investments

Sep 19, 2024

Midwest Games Secures $2m

Midwest Games, a rising game publisher headquartered in Wisconsin, has secured a fresh $2 million investment to expand its efforts...

Investments

Sep 24, 2025

A16Z Speedrun Fund Announced

Andreessen Horowitz’s startup accelerator, A16Z Speedrun, has officially launched the application window for its sixth cohort, inviting early-stage startups to...

Investments

Sep 03, 2025

Studio Atelico Secures $5m

Atelico has raised $5 million in seed funding to power its ambitious plans to integrate generative AI directly into game...

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Aug 18, 2025