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    altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating.

    • Just In

    Nazara Technologies Delivers Strong Q4 with 74 Per Cent EBITDA Growth

    Latest News Posted on  —by Salil Urunkar

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    Nazara Technologies

    Mumbai: Nazara Technologies Limited (NSE: NAZARA), India’s leading diversified gaming and sports media company, has reported a record EBITDA of ₹153.5 crore in FY25, driven by a strong core gaming performance and strategic execution under its Nazara 3.0 vision.

    The company posted ₹1,624 crore in total revenues, reflecting solid growth across both digital and offline gaming verticals.

    The company’s core gaming business delivered an EBITDA margin of 19.9%, helping drive overall profitability to 9.4%, while Profit After Tax (PAT) from continuing operations stood at ₹62.5 crore.

    Fusebox Games Partners with Banijay Rights to Launch Big Brother: The Game

    Pre-tax operating cash flow came in at a robust ₹118.3 crore, demonstrating Nazara’s strong internal capital efficiency.

    Q4 FY25: Breakout Quarter with 95% YoY Revenue Growth

    Nazara reported Q4 FY25 revenue of ₹520.2 crore, up 95% year-on-year, and EBITDA of ₹51 crore, a 74% YoY increase. Key performance drivers included:

    • Growth in Fusebox and Animal Jam
    • Improved profitability from Kiddopia
    • Strategic investments in new IPs and global content licenses like C.A.T.S. and King of Thieves

    “FY25 has been a milestone year of profitability and transformation,” said Nitish Mittersain, Joint MD & CEO of Nazara Technologies. “With full ownership of Kiddopia and Sportskeeda, plus global expansion through Fusebox and Curve Games, we’ve built a stronger, more globally aligned gaming platform. We’re now better positioned than ever to scale Nazara as a major force in global gaming.”

    FY25 Strategic Milestones for Nazara Technologies
    • Fusebox Games acquisition, marking entry into narrative mobile gaming
    • Full acquisition of Kiddopia and Sportskeeda, enabling operational flexibility
    • Entry into offline entertainment through Funky Monkeys and Smaaash
    • Largest investment in skill-based real money gaming via PokerBaazi
    • Licensed global IPs, boosting long-term recurring revenue potential
    • Operationalized Centers of Excellence for AI, Analytics, and User Acquisition
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    Nazara Technologies is now primed for accelerated growth in FY26, with an increasing share of high-margin gaming revenues, stronger international presence in North America and Europe, and rising brand recognition among global gaming publishers.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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