Eight out of the ten selected startups in LVL Zero's inaugural cohort are building for PC and console platforms
Sidharth Kedia's appointment comes as Nodwin Gaming looks to scale its global youth media portfolio, following its recent de-subsidiarisation from Nazara Technologies.
Stocks to Watch, 1 Apr: Stocks like Sammaan Capital, Granules India, InterGlobe Aviation, Corona Remedies, Kwality Walls India, Jubilant Ingrevia, Pace Digitek, Jubilant FoodWorks, G R Infraprojects, Swaraj Engines, Diamond Power Infrastructure, Lupin, Coforge, RailTel Corporation of India, and Texmaco Rail and Engineering will be in focus on April 1.
Nazara's financing comes on heels of announcing the purchase of Spain-based gaming studio Bluetile and rewards-driven gaming platform BestPlay for $100.3 million, its largest acquisition to date.
Prabhudas Lilladher is bullish on Nazara Technologies has recommended buy rating on the stock with a target price of Rs 336 in its research report dated March 20, 2026.
Nazara’s purchase of Bluetile and its in-house rewards-driven gaming platform, BestPlay, is the company’s largest acquisition to date. The total deal size could rise to $340 million
Stocks to Warch, 19 March: Stocks like Gaudium IVF and Women Health, Ahluwalia Contracts, Manappuram Finance, Nazara Technologies, G R Infraprojects, Belrise Industries, Puravankara, Mazagon Dock Shipbuilders, Natco Pharma, United Breweries, and Vedanta will be in focus on March 19.
Nazara Technologies founder Nitish Mittersain said the acquisition of Bluetile and BestPlay is an important step towards the firm's strategy to build AI-enabled, globally scalable gaming businesses.
Apollo Pipes shares fell 3.46 percent to Rs 382.1, while Styrenix Performance shares rallied 2.85 percent to Rs 1,937.6 on the NSE.
Prabhudas Lilladher recommended hold rating on Nazara Technologies with a target price of Rs 276 in its research report dated February 04, 2026.
Stocks to Watch, 4 Feb: Stocks like Bajaj Finance, Aditya Birla Capital, Firstsource Solutions, Mankind Pharma, Castrol India, Kansai Nerolac Paints, Nazara Technologies, Aarti Drugs, Restaurant Brands Asia, Sheela Foam, Triveni Turbine, V2 Retail, and JK Lakshmi Cement will be in focus on February 4.
Nazara's Q3-FY26 EBITDA rose by 29 percent to Rs 67.8 crore for the quarter from Rs 52.4 crore in the year-ago quarter.
Stocks to Watch, 30 December: Stocks like Lupin, Rail Vikas Nigam, Bharat Electronics, Indian Overseas Bank, Waaree Energies, Afcons Infrastructure, Nazara Technologies, Entero Healthcare Solutions, Honasa Consumer, Mangalam Drugs and Organics, Gujarat Kidney & Super Speciality, and Shyam Dhani Industries will be in focus on December 30.
Despite big stake sale, Nazara Technologies shares rallied 6.7 percent to close at Rs 253.3 on the NSE, especially after the past couple of days of consolidation.
ICICI Securities recommended hold rating on Nazara Technologies with a target price of Rs 275 in its research report dated November 14, 2025.
Prabhudas Lilladher recommended hold rating on Nazara Technologies with a target price of Rs 253 in its research report dated November 14, 2025.
Stocks to Watch, 13 November: Stocks like Tata Steel, Lloyds Metals and Energy, Prestige Estates Projects, Nazara Technologies, Indian Railway Catering and Tourism Corporation IRCTC, Entero Healthcare Solutions, Endurance Technologies, Ircon International, Cohance Lifesciences, and Data Patterns will be in focus on November 13.
Nazara's revenue from operations grew 65.1 percent YoY to Rs 526.5 crore in Q2 FY26, from Rs 318.9 crore in the corresponding quarter last year.
Indian companies going from zero to a billion-dollar-plus IPO in three or four years is now happening on a regular basis, said Nazara chief Nitish Mittersain.
Mithun Sacheti said he has made around 140 investments before the CaratLane exit and around 20 afterwards, though the cheque sizes have grown since. Sacheti added that he is a big fan of Groww.
LVL Zero will seek to support more than 100 high-performing startups over the next five years and also offer equity-free grants from a pool of $100,000