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CAM, Jerome Merchant + P on Nazara Tech buy of majority stake in e-sports firm Nodwin

Global mobile gaming company Nazara Technologies has acquired a majority stake of 55% for an undisclosed amount in leading Indian esports venture Nodwin Gaming through a mix of a cash and stock deal, as reported by Mint and VC Circle. Post acquisition, Nodwin will continue to operate as an independent subsidiary.

Jerome Merchant + Partners advised Nodwin Gaming, founder & promoter Akshat Rathee and other founding shareholders including Jet Synthesis in the deal, led by partner Murtaza Somjee along with associate Minal Sangatwani.

Cyril Amarchand Mangaldas acted for the Mumbai-based mobile content and games developer Nazara Technologies and was represented by partner Arjun Lal and associate Malavika Chandu.

Founded in 2014, Gurugram-based Nodwin Gaming is an equal joint venture between Akshat Rathee, Gautam Virk and Jetsynthesys, and has pioneered e-sports in the country with established relationships with global gaming publishers and platforms including such as ESL and Valve Corporation. It was also reported that the current acquisition will help Nazara commit to the development of the esports ecosystem to enable competitive online and offline gaming and boost esports as a spectator sport in India.

2018-01-24

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Like +0 Object -0 Guest 29 Jan 18, 17:03
Kian Sir, kindly make this headlines on Legally India --- the Maharashtra government has pledged Rs 750 crore for MLNU Nagpur, of which Rs 200 crore has already been sanctioned. The CM has also said to Times of India that it will be the "most beautiful campus in the country". This is surely the highest ever amount ever given to any NLU in history. Even many IITs and IIMs do not get such money. Also this sort of direct support from such a big Chief Minister has never happened. This means MNLU is headed towards the status of a top NLU. Sir, please highlight and share this wonderful news with entire legal community of India.

http://www.firstpost.com/india/maharashtra-govt-approves-plan-for-rs-750-crore-law-university-devendra-fadnavis-says-work-on-first-phase-to-begin-soon-4324699.html

https://timesofindia.indiatimes.com/city/nagpur/rs200-crore-sanctioned-for-mnlu/articleshow/62686802.cms
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Like +0 Object -0 Faad na vis 31 Jan 18, 12:36
best campus banega tab baat karenge. aise hawa mein baatein kyun?
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