Nazara Technologies Increases its Stake in Datawrkz to 55%

Nazara Technologies has increased its ownership in Datawrkz Business Solutions to 55%. This move strengthens Nazara’s presence in the digital and gaming industry while enhancing its advertising capabilities.

Acquisition Details

Nazara Technologies Limited has acquired 14,999 equity shares of Datawrkz Business Solutions Private Limited. This purchase represents a 22% stake in the company, bringing Nazara’s total ownership in Datawrkz to 55%. As a result, Datawrkz will continue operating as a subsidiary of Nazara.

Financial Consideration

The acquisition deal is valued at ₹21 crore. The first instalment of ₹12 crore has already been paid, while the remaining balance will be settled according to the terms outlined in the investment agreement. 

Strategic Purpose

This acquisition aligns with Nazara’s strategy to strengthen its foothold in the digital and gaming ecosystem. The company aims to leverage Datawrkz’s expertise to enhance its business operations and explore new opportunities in the digital advertising space.

About the Companies 

Nazara Technologies Limited is a leading gaming and digital entertainment company with a strong presence across India, the Middle East, Africa, and Europe. It specialises in interactive gaming, e-sports and gamified learning, catering to a diverse audience. 

Datawrkz Business Solutions Private Limited- is a digital advertising technology company specialising in programmatic advertising and customer engagement solutions. It helps businesses optimise their digital marketing efforts through data-driven strategies.

Share Performance 

As of February 19, 2025, at 9:30 AM, the shares of Nazara Technologies Ltd are trading at ₹917.55 per share, down 0.18% from the previous day’s closing price. Over the last month, the stock has fallen by 13.78% and over the last year it has decreased by 9.17%. The stock’s 52-week high is ₹1,117 and its 52-week low is ₹591.50 

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