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flag Nazara Technologies secures major investment, plans to expand and acquire new game rights.

flag Nazara Technologies, an online gaming company, has secured a Rs 495 crore investment from existing investors Arpit Khandelwal and Mithun Sacheti through Axana Estates LLP, acquiring a 5.4% stake. flag This deal triggers a mandatory open offer for an additional 26% stake. flag The funds will be used to boost organic growth, make strategic acquisitions, and explore new markets. flag Nazara also plans to buy intellectual property rights for two mobile games from ZeptoLab for Rs 67 crore.

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