Nazara Technologies raises 100 crore from Zerodha’s founders Nikhil and Nithin Kamath.

Nazara Technologies has received the go-ahead to offer shares valued at Rs 100 crore, to the founders of Zerodha, Nikhil, and Nithin Kamath.

The board has approved the issuance of up to 14,00,560 shares of the company for cash.

Nazara Tech emphasized that these funds will help them meet their growth and funding needs.