The fundraise comes just after a leadership change with founder Nitish Mittersain stepping down as chief executive from September 1 while continuing as managing director, with Raymond Albaladejo Stauffer, founder and former CEO of Bluetile and BestPlay, taking over as CEO.

Nazara Technologies reported a revenue decline and net loss for the June quarter. The company announced founder Nitish Mittersain will step down as CEO. Raymond A. Stauffer will…

Nazara Technologies reported a net loss of Rs 82.47 crore for the first quarter. Revenue from operations declined 14 percent to Rs 428.77 crore in Q1 FY27. Nitish Mittersain will…