Billionaire-Backed Game Startup Kicks off India’s Tech IPO Rush


(Bloomberg) — Nazara Technologies Ltd. , the cricket games developer backed by billionaire Rakesh Jhunjhunwala, became the first Indian gaming technology company to seek a market debut as mobile entertainment takes off across the world’s No. 2 smartphone arena. The Mumbai-headquartered startup filed initial public offering documents with India’s market regulator on Friday. Its impending debut on the local exchanges could encourage other Indian…



Source link

Bluegrass Direct News

The Latest News Sports, and Relative Content