Nazara Technologies is stepping into the short-form video space by investing $250,000 (₹ 2.17 crore) in ReelSaga Innovations Private Limited. This investment gives Nazara a 3.57% stake in the company, marking its entry into the growing short-form drama segment.
Founded in 2024, ReelSaga is designed for India’s mobile-first audience, offering short, serialised videos that last one to 2 minutes. The platform will generate revenue through microtransactions and premium subscriptions, targeting high-spending users.
Nazara’s move into short-form drama aligns with its larger goal of combining gaming and digital entertainment. Its esports arm, Nodwin Gaming, has previously invested in Rusk Media, which has created over 25 serialised content projects for major streaming platforms. Nodwin and Rusk also partnered on “Playground,” a gaming entertainment show now in its fourth season on Amazon MX Player.
Nazara has been expanding its presence in influencer-driven content. It recently acquired a 10.77% stake in influencer marketing platform Kofluence for ₹32.4 crore. In 2021, it also acquired OpenPlay from Kofluence’s co-founder for ₹186.4 crore.
Nazara’s interest in interactive storytelling is evident in its acquisition of UK-based Fusebox Games, known for its “Love Island” game and the upcoming “Big Brother” title. By blending short-form drama with interactive gaming, Nazara aims to offer engaging experiences for digital-first audiences.
As of March 11, 10:18 AM IST, Nazara Technologies share price is trading at ₹932.40, down 0.016% (₹0.15). The stock opened at ₹920.00, reached a high of ₹937.80, and a low of ₹920.00. The company has a market capitalisation of ₹8,160 crore and a P/E ratio of 106.81. It does not offer a dividend yield. The stock’s 52-week high is ₹1,117.00, while its 52-week low is ₹591.50.
With its investment in ReelSaga, Nazara Technologies is expanding beyond gaming into digital entertainment. By integrating short-form drama with interactive media, the company aims to capture India’s mobile-first audience and strengthen its position in the growing digital content market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 11, 2025, 10:23 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates