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Nazara Technologies: Strong Momentum In Gamified Learning, Esports Boosts FY21 Growth

Indian tech giant Nazara Technologies has reported an 84 percent jump in its consolidated revenue year on year, from INR 247.5 crore in the financial year 2020 to INR 454.2 crore (unaudited) in the financial year 2021. Real money gaming plays role in Nazara growth The Rakesh Jhunjhunwala-backed mobile gaming company registered growth in all of its segments— most notably the gamified learning segment, which grew 820 percent in revenue from INR 19.1 crore in FY20 to INR 175.8 crore in FY21. Esports, meanwhile, reached INR 170.1 crore in FY21—up 102 percent from the INR 84.2 crore recorded in the previous financial year. “Gamified learning and esports segments have not only demonstrated strong growth momentum in FY21 but have also laid the foundation for predictable growth on account of pr

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