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Nazara Technologies
3.0
based on 13 Reviews
Company Overview
Company Locations
Working at Nazara Technologies
Company Summary
Nazara Technologies develops mobile content, offering gaming, multimedia, and advertising solutions designed to engage users across various mobile platforms.
Overall Rating
3.0/5
based on 13 reviews
21% below
industry average
Critically rated for
Promotions, Salary, Job security
Work Policy
Monday to Friday
100% employees reported
Strict timing
56% employees reported
Within city
57% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Cafeteria
2 employees reported
Child care facility
1 employee reported
International/On-site exposure
1 employee reported
Job/Soft skill training
1 employee reported
View all benefits
About Nazara Technologies
Founded in1999 (26 yrs old)
India Employee Count201-500
Global Employee Count--
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitenazara.com
Primary Industry
Other Industries
--
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Nazara Technologies Pvt., Ltd. develops mobile content in India. The company offers games, multimedia, themes, and wallpapers. It also provides solutions for the development, deployment, targeting, and tracking of promotional campaigns on mobile platforms; and wireless solutions that integrates content of media companies, marketing messages, and the consumer reach of wireless carriers.
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Nazara Technologies Ratings
based on 13 reviews
Overall Rating
3.0/5
How AmbitionBox ratings work?
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4
1
3
2
2
2
1
2
Category Ratings
3.1
Company culture
3.0
Work-life balance
3.0
Work satisfaction
2.7
Skill development
2.6
Job security
2.4
Salary
2.1
Promotions
Nazara Technologies is rated 3.0 out of 5 stars on AmbitionBox, based on 13 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Nazara Technologies Reviews
Compare Nazara Technologies with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.0/5 based on 13 reviews | 4.2/5 based on 9 reviews | 3.4/5 based on 151 reviews | 3.7/5 based on 27 reviews |
Highly Rated for | No highly rated category | Salary Company culture Work satisfaction | No highly rated category | No highly rated category |
Critically Rated for | Promotions Salary Job security | No critically rated category | Job security Promotions Skill development | Promotions Skill development Job security |
Rating by Women Employees | 4.4 Good rated by 3 women | - no rating available | 2.8 Poor rated by 28 women | 3.3 Average rated by 6 women |
Rating by Men Employees | 3.0 Average rated by 10 men | - no rating available | 3.6 Good rated by 108 men | 3.9 Good rated by 19 men |
Job security | 2.6 Poor | 3.9 Good | 2.3 Poor | 3.2 Average |
View more
Nazara Technologies Salaries
Nazara Technologies salaries have received with an average score of 2.4 out of 5 by 13 employees.
Product Manager
(5 salaries)
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₹10 L/yr - ₹14 L/yr
QA Engineer
(4 salaries)
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₹4 L/yr - ₹4.6 L/yr
Full Stack Developer
(4 salaries)
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₹1 L/yr - ₹10.2 L/yr
Programmer
(4 salaries)
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₹1.5 L/yr - ₹8.3 L/yr
Senior Software Engineer
(4 salaries)
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₹5.5 L/yr - ₹12 L/yr
Executive Accountant
(4 salaries)
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₹1.9 L/yr - ₹4.5 L/yr
Software Engineer
(4 salaries)
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₹1.6 L/yr - ₹6 L/yr
Game Developer
(4 salaries)
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₹7 L/yr - ₹25 L/yr
Company Secretary and Compliance Officer
(4 salaries)
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₹8.1 L/yr - ₹11 L/yr
Campaign Manager
(4 salaries)
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₹6 L/yr - ₹8.7 L/yr
Nazara Technologies News
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Nazara Gets Shareholders Nod To Raise INR 495 Cr Via Preferential Issue
- Nazara Technologies’ shareholders have approved issuing equity shares for cash on a preferential basis to raise INR 495 Cr from Axana Estates.
- Axana Estates will become a promoter holding 5.4% of Nazara’s post-issue share capital.
- Plutus Wealth Management, Axana Estates, and Junomoneta Finsol are also acquiring an additional 26% stake in the company from its stakeholders through an open offer.
- Nazara has been on a fundraising and acquisition spree, acquiring major companies in the gaming industry, both in India and abroad.
Inc42 | 18 Feb, 2025
Stock Recommendations Today: Shriram Finance, Maruti Suzuki, HUL, Nazara Tech On Brokerages' Radar
- Analyst calls for Shriram Finance, Maruti Suzuki, HUL, Nazara Technologies, and Tata Consumer Products are highlighted today.
- Morgan Stanley advocates an 'overweight' rating on Indian equities, expecting a potential outperformance to emerging markets.
- Citi Research notes the considerable correction in equities and views valuations of large-cap stocks as reasonable.
- Citi remains positive on Indian markets, recommending stocks like Maruti Suzuki, HDFC Bank, and Kotak Mahindra Bank.
- Cement sector analysis by Morgan Stanley includes ratings for UltraTech, Shree Cement, and Dalmia Bharat, predicting positive momentum.
- Citi's insights on companies like Shriram Finance, HUL, Maruti Suzuki, and Tata Consumer Products provide target prices and strategic analysis.
- CLSA's cautious outlook on Nazara Technologies and UBS's optimism on PCBL and Persistent Systems are also covered in analyst recommendations.
- JPMorgan offers insights on Persistent Systems, KFin Technologies, and Max Healthcare, highlighting growth potential and ratings for these companies.
Bloomberg Quint | 18 Feb, 2025
Nazara Technologies: Can India’s Gaming Leader Compete on the Global Stage?
- Nazara Technologies, an Indian gaming leader, aims to compete with global giants like Tencent and NetEase but faces challenges in breaking out beyond India's gaming market.
- With a focus on acquisitions, esports, and licensing global brands, Nazara has made strides in India, which has a mobile-first gaming market.
- Nazara's strategy involves owning gaming IPs, dominating esports through NODWIN Gaming, and engaging in educational gaming partnerships.
- However, compared to Tencent and NetEase, who create global hits, Nazara's acquisition-based approach raises questions about scalability and the need for developing breakthrough games.
- The company's recent capital injection allows for international expansion into regions like Southeast Asia, MENA, Latin America, and esports growth through NODWIN.
- While Nazara's revenue is growing significantly, concerns about profitability persist due to high expansion costs and a focus on scaling without strong margins.
- Navigating India's gaming regulatory landscape, characterized by unclear laws and high taxes, poses a challenge for Nazara and other gaming companies in the country.
- Despite India's fast-growing gaming market, regulatory uncertainties may hinder the country's potential to become a global gaming and esports hub.
- Key factors that will impact Nazara's success include its ability to compete internationally, drive sustainable profitability from acquisitions, and navigate India's tax and regulation landscape.
- Nazara has the momentum to become a global gaming powerhouse, contingent on addressing challenges related to competition, regulation, and profitability.
- The article concludes with a question: Would you bet on Nazara as the next big player in global gaming?
Medium | 17 Feb, 2025
Nazara Tech's Q3FY25 profit declines 54% to Rs 13.7 crore, but revenue rises 67%
- Mumbai-based gaming and sports media company, Nazara Technologies, announced highest-ever quarterly EBITDA of Rs 52.4 crore for Q3 FY25.
- Operating revenue reached a record Rs 535 crore, a 67% YoY increase.
- Net profit declined by 53.6%, dropping to Rs 13.7 crore from Rs 29.5 crore in Q3 FY24.
- Nazara has raised Rs 495 crore through preferential equity issue, enabling pursuit of acquisitions and expansion.
ISN | 14 Feb, 2025
Nazara Tech’s Q3 revenue surges 67%, driven by gains in ad tech
- Nazara Technologies reported a 67% surge in Q3 revenue, driven by gains in ad tech.
- Nazara recorded a rise in revenue across its three verticals with ad tech showing 5.67X growth.
- The company's profits declined due to mounting expenses, such as advertising and promotion-related expenditures.
- Nazara has raised funds to pursue further acquisitions and boost organic growth.
Yourstory | 13 Feb, 2025
Nazara Technologies Q3 Results: Profit Rises 21%, Meets Estimates
- Nazara Technologies Q3 profit increased 21% as per estimates.
- Revenue for the quarter rose 67% to Rs 534.7 crore.
- Ebitda increased 2% to Rs 37.1 crore.
- Shares of Nazara Tech closed 0.64% higher.
Bloomberg Quint | 13 Feb, 2025
SJVN, Reliance Infra, Hindalco, United Breweries,Nazara Tech, Q3 Results Today — Earnings Estimates
- Hindalco Industries is expected to report a profit of Rs 3,372 crore for Q3, with revenue estimated at Rs 55,632 crore.
- Nazara Technologies is expected to report a net profit of Rs 31 crore, with revenue of Rs 410 crore.
- SJVN is expected to report a profit of Rs 128 crore for Q3, with revenue estimated at Rs 592 crore.
- United Breweries is expected to report a net profit of Rs 113 crore, with revenue estimated at Rs 2,052 crore.
Bloomberg Quint | 13 Feb, 2025
Nazara’s Nitish Mittersain On The Big M&A Push And Navigating Public Markets
- Nazara, the gaming giant, continues to focus on acquisitions and inorganic growth, aiming to acquire gaming studios and real-money gaming platforms globally after its 2021 IPO.
- Despite a rocky Q2 performance, Nazara's net profits surged over 46% year-on-year, reflecting investor confidence.
- With a market capitalization of nearly INR 8K Cr, Nazara secured board approval to raise INR 495 Cr for expansion.
- Strategic acquisitions include Fusebox Games, stakes in Pokerbaazi, Paperboat, STAN, Ninja Global FZCO, Freaks 4U, and Circle of Games.
- CEO Mittersain anticipates acquisition results showing in upcoming quarters, with analyst expectations of revenue growth and wider margins.
- Organic growth through expanding publishing business, game development, esports arm NODWIN Gaming, and ad-tech division Datawrkz remains a core focus for Nazara.
- Nazara plans a balanced approach of organic expansion and strategic acquisitions for sustainable and profitable growth.
- Nazara's professed goal is to build the first globally respected gaming company out of India, focusing on long-term vision and values.
- Initiatives like Project Power-Up aim to centralize operations across acquired companies while empowering their entrepreneurial spirit.
- Nazara's CEO stresses the importance of positive intent and effort, transparency, and financial discipline for navigating public markets.
Inc42 | 12 Feb, 2025
Nazara Tech gets GST demand notice of Rs 5.68 crore; says 'We will file an appeal against the order'
- Mumbai-based gaming company Nazara Technologies has received a GST demand notice of about Rs 5.68 crore.
- The notice includes tax, penalty, and interest due to non-receipt of export proceeds within the stipulated time.
- Nazara Technologies plans to file an appeal against the order within the prescribed deadlines.
- Nazara's subsidiaries, Openplay Technologies and Halaplay Technologies, previously received notices for GST liabilities totaling around Rs 1,120 crore.
ISN | 6 Feb, 2025
Nazara Gets GST Demand Notice Of INR 5.68 Cr
- Nazara Technologies has received tax demand notice of INR 5.68 Cr from goods and services tax authorities in Maharashtra.
- The notice includes INR 2.84 Cr in taxes and interest on unpaid tax, along with an additional penalty of INR 2.84 Cr.
- The tax demand is related to the non-receipt of export proceeds within the stipulated time period.
- Nazara Technologies intends to file an appeal against the order within the prescribed time limits.
Inc42 | 6 Feb, 2025
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Nazara Technologies FAQs
When was Nazara Technologies founded?
Nazara Technologies was founded in 1999. The company has been operating for 26 years primarily in the Events sector.
Where is the Nazara Technologies headquarters located?
Nazara Technologies is headquartered in Mumbai, Maharashtra.
How many employees does Nazara Technologies have in India?
Nazara Technologies currently has approximately 300+ employees in India.
Does Nazara Technologies have good work-life balance?
Nazara Technologies has a work-life balance rating of 3.0 out of 5 based on 10+ employee reviews on AmbitionBox. 46% employees rated Nazara Technologies 3 or below, while 54% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Nazara Technologies reviews for more details
Is Nazara Technologies good for career growth?
Career growth at Nazara Technologies is rated as poor, with a promotions and appraisal rating of 2.1. 46% employees rated Nazara Technologies 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Nazara Technologies reviews for more detailed insights.
What are the cons of working in Nazara Technologies?
Working at Nazara Technologies does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, salary & benefits and job security, based on 10+ employee reviews on AmbitionBox.
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