Nazara Technologies IPO: ICICI Direct Review
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ICICI Direct Report
Nazara Technologies Ltd. is a leading India based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, with offerings across the interactive gaming, eSports and gamified early learning ecosystems.
The company owns some of the most recognisable IP, including WCC and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports and eSports media, and Halaplay and Qunami in skill-based, fantasy and trivia games.
The company derive revenues mainly from subscription fees paid by users for accessing gamified early learning content, as well as from eSports business.
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