Nazara to raise Rs 495 crore through 5.4% stake sale to Axana Estates – The Times of India
Nazara Technologies announced on Monday its plans to secure Rs 495 crore through a 5.4% stake sale to Axana Estates, an entity established by the company’s current investors. The entity was formed by Arpit Khandelwal, who founded Plutus Wealth Management, and Mithun Sacheti, the co-founder of CaratLane. The funding, aimed to support Nazara’s strategic acquisitions…