Nazara Technologies Limited Invests INR 14.99 Crore in Rusk Media Private Limited
Nazara Technologies Limited announced an investment of INR 14,98,99,176 in Rusk Media Private Limited (RMPL) on March 30, 2026. The investment involves the subscription of 1,278 Pre Series C Compulsorily Convertible Preference Shares with a face value of INR 10 each, representing 1.36% of share capital on a fully diluted basis.RMPL, incorporated on February 13, 2019, reported a turnover of INR 81,38,83,000 as of March 31, 2025. The acquisition does not constitute a related party transaction.
According to the agreement, Nazara will gain exclusive monetization rights on intellectual property created by Rusk and the ability to monetize characters and creators via mobile games. This partnership aims to enable Rusk to create an entertainment-driven content universe for gaming fans in India and globally. Following the transaction, Nazara will hold 7.62% of RMPL’s share capital on a fully diluted basis.
The completion of the acquisition is expected within 60 days.
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