Nazara buys Kae Capital’s stake in Halaplay, becomes majority shareholder

Nazara Technologies, global gaming, and sports media company Announced that it has acquired Kae Capital's stake worth Rs 14.6 crore to become the majority stakeholder in the fantasy gaming platform Halaplay Technologies Pvt Ltd.

Founded by Swapnil Saurav, Prateek Anand, Ananya Singhal, and Aman Kesari in 2017, Halaplay is a real money-based daily fantasy sport (DFS) platform.

Last year, Nazara Technologies told ET that it was planning to invest $20 million in gaming companies this year. Nazara has acquired 13 startups across sports media and gaming over the last 18 months.

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