Nazara Technologies has acquired a 47.7% stake in PokerBaazi parent company Moonshine Technology for ₹832 crores ($99.2 million). The India-based games and sports media firm said it will commit ₹150 crores ($17.9m) into Moonshine via compulsory convertible preference shares. It brings total investment to $117m. ... [MORE]
Source: https://www.pocketgamer.biz/nazara-inve ... moonshine/