<ul data-eligibleForWebStory="true"><li>Nazara Technologies has invested INR 4.74 Cr in two international gaming VC funds - Play Venture Fund III and F4 Venture Fund I, focused on early-stage gaming startups.</li><li>Play Ventures targets mobile games, AI-powered tools, and gaming infrastructure; F4 Fund backs gaming founders in various sectors from seed to Series B stages.</li><li>The investment was made as a limited partner over 3 to 4 years, following Nazara's board approval in May 2024 for up to $2 Mn in Play Venture Fund III and up to $250K in F4 Venture Fund I.</li><li>Nazara's recent activities include extending the timeline for acquiring a stake in esports platform AFK Gaming, avoiding additional stake purchase in Moonshine Technology, and completing the acquisition of Smaaash Entertainment.</li></ul>

Nazara Invests INR 4.74 Cr In Global Gaming VC Funds

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