Date: 2025-05-20Category: Not ApplicableState: Union GovernmentCountry: India
CCI approves acquisition of majority stake/control over Nazara Technologies Limited by Axana Estates LLP, Plutus Wealth Management LLP and Junomoneta Finsol Private Limited
**Summary:**
The Competition Commission of India (CCI) has approved the acquisition of a majority stake/control over Nazara Technologies Limited by Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol Private Limited. Axana Estates LLP intends to engage in real estate and investment activities. Plutus Wealth Management LLP is involved in stock and commodity broking, trading, and investments. Junomoneta Finsol Private Limited engages in proprietary stock broking and trading. Nazara Technologies Limited operates as a diversified gaming and sports media platform with interests in interactive gaming, esports, AdTech, skill-based real money gaming, and a multisports content platform.
Key Entities Referenced
Competition Commission of India: Regulatory body that approved the acquisition.
CCI: Abbreviation for Competition Commission of India.
Nazara Technologies Limited: Company being acquired.
Axana Estates LLP: Acquirer of majority stake in Nazara Technologies Limited.
Plutus Wealth Management LLP: Acquirer of majority stake in Nazara Technologies Limited.
Junomoneta Finsol Private Limited: Acquirer of majority stake in Nazara Technologies Limited.
20 MAY 2025: Date of the press release.
PIB Delhi: Press Information Bureau, Delhi, the source of the release.
Axana: Short name for Axana Estates LLP.
Plutus: Short name for Plutus Wealth Management LLP.
JFPL: Abbreviation for Junomoneta Finsol Private Limited.
India: Country where Axana Estates LLP and Plutus Wealth Management LLP are incorporated.
RMG: Abbreviation for real money gaming, a segment Nazara Technologies Limited is active in.
United States: Country where Nazara Technologies Limited caters to sports enthusiasts.
NBAD Release ID: 2130050: Release identifier.
Competition Commission of India
CCI approves acquisition of majority stake/control
over Nazara Technologies Limited by Axana Estates
LLP, Plutus Wealth Management LLP and
Junomoneta Finsol Private Limited
Posted On: 20 MAY 2025 8:00PM by PIB Delhi
The Competition Commission of India has approved the acquisition of majority stake/control over Nazara
Technologies Limited by Axana Estates LLP, Plutus Wealth Management LLP and Junomoneta Finsol
Private Limited.
The proposed combination relates to the acquisition of a majority stake/control over Nazara Technologies
Limited (Nazara) by Axana Estates LLP (Axana), Plutus Wealth Management LLP (Plutus) and Junomoneta
Finsol Private Limited (JFPL).
Axana is an LLP incorporated in India. Axana currently does not undertake any business activities or holds
any investments and its proposed business involves real estate and related activities and business of investing,
acquiring, and holding, selling, buying, or otherwise dealing in shares and securities and other financial
instruments whether listed on recognized stock exchanges or otherwise in India or elsewhere.
Plutus is an LLP incorporated in India and is engaged in the business of stock and commodity
broking, trading and investments in stock, commodities, and related businesses.
JFPL is engaged in the business of proprietary stock broking and trades in equity, commodity and derivative
markets.
Nazara functions as a diversified platform in gaming and sports media. Its portfolio encompasses
interactive gaming, esports, and AdTech ecosystems. Additionally, it is active in the skill-based real
money gaming (RMG) segment and is also engaged in esports events and offers a multi-sports
content platform catering to sports enthusiasts in India and the United States.
Detailed order of the Commission will follow.
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NB/AD
(Release ID: 2130050)