{"id":856316,"date":"2024-09-17T10:51:50","date_gmt":"2024-09-17T05:21:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=856316"},"modified":"2024-09-17T11:38:26","modified_gmt":"2024-09-17T06:08:26","slug":"nazara-acquires-47-7-stake-in-pokerbaazi-parent-moonshine-for-rs-982-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/17\/nazara-acquires-47-7-stake-in-pokerbaazi-parent-moonshine-for-rs-982-crore\/","title":{"rendered":"Nazara acquires 47.7% stake in PokerBaazi parent Moonshine for Rs 982 Crore"},"content":{"rendered":"<p>BENGALURU: Gaming and sports media company Nazara Technologies Limited has acquired a 47.7% stake in Moonshine Technology, the parent company of the online poker gaming platform PokerBaazi, for Rs 832 crore through a secondary transaction.<\/p>\n<p>Additionally, Nazara will invest Rs 150 crore in primary capital into Moonshine via compulsory convertible preference shares, as per the company&#8217;s filings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Gaming and sports media company Nazara Technologies Limited has acquired a 47.7% stake in Moonshine Technology, the parent company of the online poker gaming platform PokerBaazi, for Rs 832 crore through a secondary transaction. Additionally, Nazara will invest Rs 150 crore in primary capital into Moonshine via compulsory convertible preference shares, as per the company&#8217;s filings.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-856316","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/856316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=856316"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/856316\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=856316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=856316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=856316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}