To Promote Indian Games Globally, Nazara Launches A Game Publishing Platform For Developers

According to corporate papers, online gaming and esports startup Nazara Technologies is introducing Nazara Publishing, a publishing platform enabling developers worldwide to exhibit their games in India.

Each game would require a minimum investment of Rs 1 million, according to the company.

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The Mumbai-based business was sent with a GST show cause notice last month for Rs 2.83 crore.

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Nazara received a tax demand related to the company’s export of specific services for which it failed to pay GST.

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After the board of the company approved the issuance of 5.7 million equity shares to the fund at a price of Rs 714 per share

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This occurred a few days after Nikhil Kamath, a co-founder of Zerodha, gave the company Rs 100 crore to help it enter the game publishing market.

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