Nazara Technologies-owned fantasy sports platform HalaPlay is planning to raise over INR 18 Cr, the publicly-listed company’s filing with the Bombay Stock Exchange showed.
In a separate development, Nazara has bought a further 1.40% equity stake worth INR 96.16 lakh in its subsidiary Absolute Sports Private Limited (ASPL), which runs Sportskeeda.com
Following the transaction, Nazara’s stake in Sportskeeda has increased from 63.90% to 65.30%
