CCI Approves Acquisition of Majority Stake in Nazara Technologies

The Competition Commission of India (CCI) has granted approval for the acquisition of a majority stake and control in Nazara Technologies Limited by Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol Private Limited.

Parties to the Transaction

The transaction involves the proposed purchase of a controlling interest in Nazara by the three entities:

• Axana Estates LLP is an Indian-incorporated firm that currently has no active business operations or holdings. Its proposed activities include real estate development and investment, as well as the acquisition and management of securities and financial instruments, whether listed or unlisted, in India and abroad.
• Plutus Wealth Management LLP operates in India as a stock and commodity brokerage. Its core activities involve trading and investment across equity, commodities, and related financial markets.
• Junomoneta Finsol Private Limited (JFPL) is primarily engaged in proprietary stock broking and actively trades in equity, commodity, and derivatives markets.

Also Read: Nazara Technologies Strengthens Global Gaming Strategy with ₹247 Cr Acquisition of UK-Based Curve Games

Acquisition of Curve Digital

Nazara Technologies Limited recently announced the acquisition of 100% equity in Curve Digital Entertainment Ltd, a renowned UK-based publisher specialising in PC and console games. The deal is valued at ₹247 crores (GBP 21.7 million).

This strategic acquisition significantly bolsters Nazara’s footprint in the global gaming landscape, granting it expanded access to high-growth platforms, diverse game genres, and key international markets—particularly within the USD 100+ billion global PC and console gaming industry. The move aligns with Nazara’s long-term vision of building a robust and diversified portfolio across interactive gaming and sports media through focused and value-accretive acquisitions.

Nazara Technologies is a leading diversified gaming and sports media platform with a strong presence in interactive gaming, esports, and AdTech. The company also operates in the skill-based real money gaming (RMG) sector and hosts esports events. It delivers multi-sports content catering to audiences in both India and the United States.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.