Acquisitions15 Aug 2025, 01:21 am
Nazara Technologies Completes Balance Payment for Datawrkz Acquisition
AI Summary
Nazara Technologies Limited has completed the balance payment for the acquisition of Datawrkz Business Solutions Private Limited, a subsidiary of the Company, as per the Investment Agreement dated January 18, 2022. The agreement, which also includes Senthil Govindan, Karthigha Dhanabalan, Arunprabu K, Mayank Khirwadkar, and Garale Vishal Tukaram as sellers, has now been fully executed. Nazara Technologies continues to hold 55% of the share capital of Datawrkz.
Key Highlights
- Nazara Technologies has completed the balance payment for Datawrkz acquisition.
- The transaction was carried out in accordance with the Investment Agreement dated January 18, 2022.
- Nazara Technologies holds 55% of the share capital of Datawrkz post-acquisition.
- The agreement included Senthil Govindan, Karthigha Dhanabalan, Arunprabu K, Mayank Khirwadkar, and Garale Vishal Tukaram as sellers.
- The transaction was completed on August 14, 2025.