IPO-bound Indian gaming firm Nazara raises over $13m from Instant Growth

IPO-bound Indian gaming firm Nazara raises over $13m from Instant Growth

Photo: Sam Pak/ Unsplash

After filing for an initial public offer (IPO) last month, Mumbai-based gaming startup Nazara Technologies Ltd has raised fresh funding of Rs100 crore from Instant Growth Limited (IGL), the investment vehicle of North America-based limited partners (LPs) of Hornbill Orchid India Fund.