Tuesday, June 18, 2024
Outlook India
Outlook Business

Nithin Kamath

This is Game Theory's first acquisition, further solidifying its dedication to innovation in the sports gaming industry.

Game Theory will utilise the fund to develop core technology for skill-based matchmaking and enable the introduction of engaging racquet sports like tennis and table tennis

Groww has recorded 6.63 million active investors while Zerodha has 6.48 million at the end of September 2023

According to media reports, Kamath will invest via a secondary share sale

Diversifying its product portfolio to limit its exposure to real money gaming made Nazara Technologies a lucrative prospect for investors, funding winter notwithstanding

Pee Safe has expanded its product line to include over 25 offerings, centering on hygiene, menstrual care, and grooming

The benchmark for both these schemes will be the Nifty Large Midcap 250 Index Fund

The funding is led by Inflection Point Ventures & Nithin Kamath backed Rainmatter

Nazara Technology said that its board has approved preferential allotment of equity shares to Kamath Associates and NKSquared

However, the 43-year-old CEO cautioned against the harm AI could pose to society