over 60 countries<\/strong>, including in Africa, the Middle East, South East Asia, and Latin America.<\/p>\n\n\n\nIn early 2020 Plutus Wealth Management and its associates acquired shares worth over Rs 500 crore of the company from WestBridge. It previously attempted to launch an IPO 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nazara Technologies, backed by magnate Rakesh Jhunjhunwala, has become popular for its cricket esports games.<\/p>\n","protected":false},"author":2,"featured_media":13474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Nazara Technologies, an Indian interactive gaming and sports media company, is set to become the first local gaming startup to launch an Initial Public Offering on the Indian Stock Market. Backed by Rakesh Jhunjhunwala, the firm has filed documents for the sale of 49,65,476 equity shares, following a previous attempt in 2018 and recent share acquisition by Plutus Wealth Management.","focusai_entities":"Nazara Technologies, Rakesh Jhunjhunwala, Nitish Mittersain, Plutus Wealth Management, WestBridge","focusai_location":"India, Mumbai, Africa, Middle East, South East Asia, Latin America","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), compliance_legal (0.7), operator_casino (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Nazara IPO Valuation?","query":"What is the projected valuation of Nazara Technologies post-IPO, and how does its current GGR and NGR performance in key gaming verticals compare to regional and global interactive entertainment benchmarks?"},{"label":"Market Impact?","query":"How will Nazara Technologies' public listing impact the competitive landscape for B2C gaming operators in India and other emerging markets, particularly concerning player acquisition costs and market share consolidation?"}],"footnotes":""},"categories":[157,16334],"tags":[12536,233],"class_list":["post-13472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-asia-news","tag-esports","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=13472"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13472\/revisions"}],"predecessor-version":[{"id":13492,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13472\/revisions\/13492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13474"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=13472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=13472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=13472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}