Nazara Technologies, a privately owned company headquartered in India, was founded in 2000 and has approximately 150 employees. The company focuses on consumer mobile gaming.
Nazara Technologies appointed Raymond Albaladejo Stauffer as Chief Executive Officer and Key Managerial Personnel (KMP) effective September 16, 2026. This appointment, finalized by board resolution, sees Nitish Mittersain step down as CEO while retaining his role as Managing Director. Previously, on September 3, the company increased its shareholding in Funky Monkeys to 68.1% from 64% by acquiring an additional 4.1% stake for ₹1.9 crore from founder Binita Putcha through a secondary purchase. This action aligns with Nazara's strategy of progressively consolidating stakes in its gaming and children's entertainment portfolio. Earlier on the same day, Nazara Technologies reported a consolidated revenue of ₹1829 Crores and its highest-ever EBITDA of ₹255 Crores for FY 2025-26, reflecting a 66% year-on-year increase. Gaming contributed nearly 90% of its EBITDA, and the company intends to strengthen its growth engine further with the proposed acquisition of Bluetile Games, which is expected to add scale, AI-native development capabilities, and a large active user base.
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Nazara Technologies offers products in the media and telecoms services industry. Nazara Technologies's product portfolio comprises of consumer gaming.
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Nazara Technologies's revenues were less than $100M in 2024. All the revenue comes from video games.
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