<ul><li>Nazara Technologies has completed the acquisition of sports entertainment startup Smaaash Entertainment for INR 126 Cr.</li><li>The acquisition was done through a corporate insolvency resolution process approved by NCLT, with Nazara now owning Smaaash as its wholly owned subsidiary.</li><li>Nazara invested INR 10 Cr for equity shares and extended an inter-corporate loan of INR 116 Cr to settle Smaaash's dues.</li><li>Smaaash, a gaming and entertainment centre, blends sports simulation, virtual reality, and dining experiences; Nazara aims to balance its online operations with physical gaming venues.</li></ul>

Nazara Completes Acquisition Of Smaaash For INR 126 Cr

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