Avendus Capital Advises Nazara Technologies on Its USD 61 Million Fundraise via a Preferential Issue of Equity Shares

Collaborating with Avendus throughout the fund raise process was a delightful experience. Avendus demonstrated a profound comprehension of our business, crafted positioning narratives, and possessed extensive connections with a diverse range of investors, spanning both traditional public markets and tech-focused investors. These factors were pivotal in ensuring the successful completion of this transaction.

We are delighted to have acted as an advisor to Nazara on this fund raise. It is a milestone in the company’s journey to make India the gaming capital of the world. This deal further validates our conviction that high-quality, unique business models will always attract interest from top-notch investors irrespective of the market environment.

Nitish and team have built an outstanding business with exceptional execution and unique IPs. This transaction is a testament to Nazara’s strong business fundamentals and promising growth prospects globally. It also reflects the investors’ confidence in the team’s strategic vision and direction.