Diversified gaming company Nazara Tech has raised Rs 100 crore from Kamath Associates & NKSquared.
Kamath Associates & NKSquared are the two investment firms managed by Zerodha's founders Nikhil and Nithin Kamath.
The funding increases Nikhil's stake in the Nazara Technologies from 1% to about 3.5%
As per SEBI's regulation, Nazara said Kamath brothers share will be locked for the six months from the date of issue.
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