Nazara Technologies, a leading mobile game company in India, has announced plans to invest a whopping Rs 982 crore in Moonshine Technology, the operator of online poker platform PokerBaazi. This move comes as part of Nazara’s strategy to diversify its portfolio and expand its presence in the online gaming space.
PokerBaazi is a popular online poker platform that has gained a loyal following of players in India. The platform offers a variety of poker games, tournaments, and special events for players of all skill levels. With this investment from Nazara, PokerBaazi is expected to see significant growth and development in the coming months.
Manish Agarwal, CEO of Nazara Technologies, expressed his excitement about the investment, stating that PokerBaazi has huge potential for growth in the online gaming market. He highlighted the growing popularity of online poker in India and the increasing demand for high-quality gaming platforms.
The Rs 982 crore investment from Nazara will provide Moonshine Technology with the resources needed to further develop PokerBaazi and enhance the overall gaming experience for its users. This infusion of capital will also allow for strategic expansion, marketing efforts, and technological advancements to elevate PokerBaazi to new heights.
Moonshine Technology, the operator of PokerBaazi, is thrilled about the partnership with Nazara and the opportunities it presents for the platform. The company has expressed its commitment to delivering a top-notch gaming experience for its users and continuing to innovate in the online poker space.
Industry experts believe that this investment from Nazara Technologies is a significant milestone for the Indian online gaming industry. With the growing popularity of online gaming and the increasing number of players looking for high-quality platforms, this partnership between Nazara and PokerBaazi is expected to make waves in the market.
Overall, this investment from Nazara Technologies in Moonshine Technology is a game-changer for the online gaming industry in India. With the resources and expertise of Nazara behind it, PokerBaazi is poised to become a leading player in the online poker space, offering exciting opportunities for players and driving growth in the industry as a whole.