Gaming and esports company Nodwin Gaming has received an investment of ₹64 crore (million dollars) from its parent company, Nazara Technologies.
Prior to this investment, the company was valued at $410 million as of November this year.
The funding will be utilized to enhance Nodwin Gaming's current expansion opportunities, develop its capabilities, diversify its portfolio, and strengthen its presence in emerging markets.
Headquartered in Gurugram, Nodwin Gaming is part of Nazara Technologies. It is a gaming and sports media platform with a presence in India as well as global markets such as Africa and North America. It offers an ecosystem that includes interactive gaming, esports, and gamified early learning.