Nazara Technologies invested ₹4.74 crore in two international gaming venture capital funds. In an exchange filing, the company said it has committed $300k (approximately ₹2.6 crore) to Play Ventures Fund III and $250k (approximately ₹2.14 crore) to F4 Venture Fund I.

These global funds are geared toward early-stage gaming startups. It is important to note that Nazara invested in these global funds as a limited partner.

Key Highlights

• Nazara commits ₹4.74 Crore as limited partner in Play Ventures Fund III and F4 Venture Fund I.
• Investments boost Nazara’s global gaming exposure, supporting early-stage mobile and AI-tech startups via VC funds.

"The company invested $300,000 in capital commitments. "Both funds are recognized as leading global venture capital funds in the gaming sector," the filing stated.

This is not Nazara's first investment in these funds; in May 2024, the gaming giant invested up to $2 million in Play Venture Fund III and up to $250k in F4 Venture Fund I.

Play Ventures Fund, based in Singapore, supports gaming startups from the pre-seed to Series A stages. Its $140 million Fund III is focused on mobile gaming, AI-powered tools, and gaming infrastructure. So far, the VC firm has invested in early-stage startups such as Defi Alliance, Cypher, and M League.

Also Read: Online Gaming Company Nazara Raises Rs 495 Crore

In contrast, industry veterans David Kaye and Joakim Achren founded F4 Fund in 2023. It is based in the United States and helps gaming entrepreneurs launch businesses in fields such as AI, SaaS, consumer tech, and social platforms. The fund has made investments in the United States, the United Arab Emirates, and other countries, from seed to Series B. Its portfolio companies include Noice, Baby.AI, and After Hour.