Nazara Technologies acquires majority stake in Sportskeeda

22 Aug,2019

By A Correspondent

 

Nazara Technologies has acquired a 67 per cent stake in Sportskeeda, a sports media platform. With this investment, Nazara adds 25 million monthly active users and closes in on 100 million monthly active users on its network.

 

Said Sportskeeda CEO Porush Jain: “Nazara’s acquisition and investment into Sportskeeda is an important milestone in our journey. From our modest beginning as a multi-sport blog in 2009, we have become a one of a kind sports content platform. We have our eyes set on becoming the world’s largest multi-sport platform by leveraging Nazara’s geographical reach in the sports-crazy Middle East & Africa markets.”

 

Added Nitish Mittersain, Founder and Managing Director of Nazara Technologies: “We at Nazara are building platforms for fan engagement across all aspects of sports entertainment and we believe that this move will serve a triple play offering to the 100 million strong network through content, competition and community across all emerging markets”.

 

 

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