Gaming
Nazara Technologies to Raise upto Rs 495 Crores, Acquires Zeptolab UK’s IPs
MUMBAI: It’s playing a sharp hand. Leading Indian gaming company Nazara Technologies has announced two key developments. The company will raise upto Rs 495 Crores through a preferential issue of upto 50 lakh equity shares at Rs. 990 per share, and acquire the Intellectual Property Rights (IPRs) of Zeptolab UK Limited for approximately Rs. 66.59 Crores.
The preferential issue of upto 50 lakh equity shares at Rs 990 per share, with a maximum consideration of Rs. 495 Crores, will be issued to Axana Estates LLP, a company associated with the promoters of Nazara Technologies. The four partners of Axana Estates include:. Mithun Padam Sacheti, Siddhartha Sacheti, Yash Siddhartha Sacheti and Arpit Khandelwal. Earlier, Nazara’s board gave the fund raising proposal a thumbs up.
The acquisition of Zepto includes the rights to CATS: Crash Arena Turbo Stars and King of Thieves, two highly successful mobile gaming IPs in their respective genres. Nazara Technologies will take on the publishing responsibilities for both games and own the IPRs.The payment of Rs 66.59 Crores will be made in cash within 30 days, subject to regulatory approvals.
Gaming
IICT signs three MoUs to boost AVGC-XR and esports
Partnerships with Zenfluencers, Yologram and Eruditio at Chennai Gaming Show 2026 strengthen education, XR innovation and nationwide talent outreach.
MUMBAI: IICT has just levelled up the game in a big way. The Indian Institute of Creative Technologies signed three strategic Memorandums of Understanding on 17 April 2026 at the CII Summit FX – India Gaming Show in Chennai, forging alliances with The Zenfluencers, Yologram Style Pvt. Ltd. and Eruditio Consultants to accelerate India’s AVGC-XR ecosystem.
The tie-ups combine IICT’s strengths in education, skilling and research with specialist expertise across esports, immersive technologies and large-scale outreach.
- With The Zenfluencers, IICT will roll out globally benchmarked esports programmes, including joint certification courses, industry workshops, tournaments and masterclasses, creating clear career pathways across the full esports value chain.
- The partnership with Yologram Style Pvt. Ltd. focuses on gaming, immersive storytelling and extended reality (XR), delivering industry-aligned curriculum, faculty mentorship, student showcases and collaborative research in immersive AI and virtual production.
- Collaboration with Eruditio Consultants targets awareness, accessibility and career alignment, with nationwide counsellor training, institutional engagement and structured guidance frameworks to reach students beyond Tier-1 cities.
IICT CEO Vishwas Deoskar said, “As the AVGC-XR sector evolves at a rapid pace, strong collaborations between industry and academia are essential. These partnerships will create meaningful impact across education, innovation and outreach.”
Yologram Style Pvt. Ltd. founder Aditya Mani added, “AI-driven creator worlds are transforming games into engines of culture, commerce and careers. Together we aim to empower a generation to build immersive futures.”
Eruditio Consultants founder Indrajit Ghosh noted, “This is not just about awareness, it is about building a structured ecosystem that connects aspiration with opportunity.”
The Zenfluencers CEO Atharva Gupta said, “This MoU is a big unlock moment for the esports ecosystem in India. We’re building a structured pipeline for talent across the full stack.”
By bringing together academia, industry leaders and ecosystem players, IICT is creating scalable models that blend cutting-edge skills with real-world relevance. In a sector racing toward the future, these three partnerships ensure India’s next generation of creative technologists won’t just keep up, they’ll set the pace.
