Affle India takes on the big guns with 15 new AI patents
The adtech company’s focus on patents isn’t just about protection, but a strategic move to lead in AI innovation.
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The adtech company’s focus on patents isn’t just about protection, but a strategic move to lead in AI innovation.
The total deal value from the preferential share issue comes at around Rs 749.02 crore.
Among public shareholders, Malabar India Fund owns a 2.9% stake in the company, followed by funds like ICICI Prudential India Opportunities Fund, Nippon Life India Trustee Ltd., and ICICI Prudential Life Insurance Co.
A big focus area for Nazara Technologies is growing its portfolio of gaming IPs through acquisitions in the future.
The company will issue 1,429,266 equity shares of face value of Rs 4 each at a price of Rs 2,206 per equity share (including a premium of Rs 2,202 per equity share, Nazara Technologies said