Gaming firm Nazara Technologies has invested ₹83.5 crore in Mumbai-based Paper Boat Apps, an independent studio. Nazara has acquired 51% stake at a pre-money valuation of ₹154 crore.

— The Economic Times

IC Universal Legal advised Nazara Technologies Limited led by a team of partner Souvik Roy, associate Vartika Koolwal.

2019-10-16

Deal value: INR 83.5 crore

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