India, May 8 -- Nazara Goes Shopping Again

Nazara's acquisition spree continues unabated. The online gaming giant's US subsidiary, Absolute Sports, will now acquire Titan Insider Digital's two properties - TJRWrestling.net and ITRWrestling.com - in an all cash deal.

What's The Gameplan? Nazara expects the deal, pegged at INR 10.5 Cr, to expand its footprint in the US and bolster its position in the combat sports segment, like wrestling. The gaming giant plans to strengthen its existing presence in the region through Freaks 4U, a marketing services firm that works with gaming and esports platforms in the US.

Nazara On A Roll: Ever since Nazara received shareholder nod in February to raise INR 495 Cr via preferential issue, the listed ga...