Gaming startup Nazara raises $28 mn from Rakesh Jhunjhunwala
Mumbai-based mobile gaming company Nazara has raised $27.99 million (â¹180 crore) from investor Rakesh Jhunjhunwala, who acquired a majority of its stake. Earlier, Nazara raised $51.1 million (â¹330 crore) in funding led by IIFL Special Opportunities Fund. Founded in 2000, Nazara develops mobile games based on public personalities like cricketer Virat Kohli and cartoon series like 'Motu Patlu'.