NODWIN Gaming has received a ₹64 crore investment from parent company Nazara Technologies to accelerate its expansion, enhance its IP portfolio, and strengthen its presence in emerging markets.
Nazara Technologies, led by founder and CEO Nitish Mittersain, is investing ₹196 crore to expand its gaming and entertainment portfolio. Key moves include acquiring a majority stake in Funky Monkeys Play Centers, investing in AI-driven LearnTube.ai, and strengthening subsidiaries Nodwin Gaming and Sportskeeda, reinforcing their position in the industry.
WTFund and Nazara Technologies have invested ₹2 crore in Indian gaming startups Norian Games and Xigma Games. Led by visionary founders, these studios are redefining Indian gaming with immersive titles like Aldian of Ancients and Rubek. This funding marks a milestone, showcasing the rising global potential of India’s gaming industry.
Funstop Games, a prominent gaming studio, has raised $5 million in a Series A funding round led by 360 ONE Asset, with participation from InfoEdge Ventures. Founded in 2020 by Prashanth Vijay and Tamesh Sharma, the company has generated $4 million in revenue and developed over 30 games. Popular titles such as Airport Rush and Perfect Time have driven the studio’s success, amassing over 75 million downloads and contributing to a global total of 100 million. With new funding, Funstop aims to enhance its ad-tech capabilities, expand its game portfolio, and focus on the spiritual gaming segment to bring Indian storytelling to a global audience.
