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Zerodha co-founder Nikhil Kamath's two firms - Kamath Associates and NKSquared - will invest Rs 50 crore apiece in the gaming company.
Entities related to Nikhil Kamath invested a total of Rs 100 crore, while entities related to ICICI Prudential put in Rs 75 crore. The remainder came from investment firms Plutus Wealth Management and Chartered Finance and Leasing Ltd.
Publicly listed online gaming and e-sports company Nazara Technologies Ltd has raised Rs 250 crore (around $30 million) from Zerodha’s co-founder Nikhil Kamath-backed Kamath Associates, ......
The company noted that the case contained both law and fact, which could only be settled via arbitration. Counsel for the BCCI, however, denied any negotiations and sought more time to consult with the Board.