Nazara Technologies’ Board of Directors has approved the merger of Paperboat Apps with the company. This move will allow a deeper integration of Kiddopia into the Nazara ecosystem, paving the way for operational synergies and global growth opportunities.

In H1 FY25, Nazara reported revenues of Rs 569.0 crore, an EBITDA of Rs 50.1 crore, and PAT from continued operations of Rs 41.7 crore. The focus remains on driving profitable growth through both organic initiatives and strategic M&A, with a strong emphasis on the core gaming sector. In Q2 FY25, the company successfully raised Rs 900 crore via a preferential equity issue from a group of marquee investors as well as made a significant investment in leading skill-based gaming platform Pokerbaazi, in addition to increasing its stake in Absolute Sports (Sportskeeda) and acquiring a minority stake in fast growing esports community Stan. 

Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.