Happy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in todays ETtech Morning Dispatch.

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…

Nazara Technologies approves a ₹733.5-crore preferential issue led by future CEO Raymond Stauffer to fund acquisitions, AI gaming and expansion.