Nazara, already partnered with Sportskeeda for a content syndication venture, bought a 67%stake in the sports news website in 2019, valuing the company at INR 44 Crore ($52.78K USD). This acquisition provided an expedited exit for SeedFund — Sportskeeda’s early investor. While Nazara did not disclose Sportskeeda’s turnover for that year, the company highlighted that its latest investment would add almost 25 Million monthly active users (MAUs) to its network, a green signal for what’s more to come.
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