<ul><li>The Competition Commission of India (CCI) has approved the acquisition of a majority stake in Nazara Technologies Limited by Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol Private Limited.</li><li>Axana Estates and Plutus Wealth are set to collectively hold 27.2% in Nazara Technologies, consolidating their influence on the company's strategic direction amidst its global expansion plans.</li><li>Nazara has been strengthening its global gaming footprint, recently acquiring UK-based Curve Digital Entertainment Ltd and posting a 67% increase in operating revenue in Q3 FY25.</li><li>Founder Nitish Mittersain mentioned that Nazara will have Rs 700 crore in cash on its balance sheet for future acquisitions, and the company aims to launch a Bigg Boss game capitalizing on local IPs.</li></ul>

CCI approves acquisition of majority stake in Nazara by Axana Estates, Plutus Wealth, and Junomoneta

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