Indian gaming giant Nazara Technologies is leveling up its global ambitions with a massive ₹733.5 crore capital infusion. For Nazara founder Nitish Mittersain, who will be stepping down as CEO to transition into a Managing Director role focused on long-term strategy, this internal financial backing is a major vote of confidence. He noted that as a founder, it is deeply heartening to see the company recognized and respected by leaders across the global gaming industry. Under the proposed preferential issue, Nazara will allot up to 2.39 Cr equity shares priced at ₹306 apiece. Stauffer’s massive personal buy-in will score him 1.91 Cr shares, giving him a 4.67% stake in the company.