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Nazara Technologies Invests ₹4.74 Cr in Global Gaming VC Funds, Continues Strategic Expansion

  • Nazara Technologies has invested ₹4.74 crore in Play Venture Fund III and F4 Venture Fund I, boosting its strategic presence in early-stage gaming startups.
  • The investment follows an earlier approval allowing Nazara to allocate up to $2 million in Play Ventures and $250,000 in F4 Fund, to be utilized over a 3–4 year period.
  • Play Ventures focuses on mobile games, AI tools, and gaming infrastructure with a portfolio including startups like Defi Alliance and Cypher, while F4 Venture Fund I invests across gaming, AI, SaaS, and consumer tech sectors globally.
  • Nazara's recent moves also involve extending the acquisition timeframe for AFK Gaming, refraining from increasing stake in PokerBaazi operator MTPL, and concluding the acquisition of Smaaash Entertainment despite a decline in financial performance.

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