Nazara Technologies is back making bold moves in gaming. The company has announced a fresh $1 million investment in Stan, a buzzing gaming community app built for gamers and creators. This marks Nazara’s latest step to deepen its role in India’s fast-growing gaming scene.
This isn’t Nazara’s first bet on Stan. Back in September 2024, it had invested $2.2 million through a secondary deal. But this time, it’s a primary investment, which means fresh money flowing into Stan’s operations—perfect for a startup aiming to scale fast.
What’s the Deal?
Nazara’s Dubai arm—Nazara Dubai—is buying 37,461 CCPS shares in Stan. This gives it a 1.54% stake in the company, on a fully diluted basis. With this, Nazara Dubai now holds a total 14.57% stake in Stan.
The idea? Build a stronger, community-driven gaming ecosystem, and Stan fits that vision perfectly.
Meet Stan: India’s Gaming Community Playground
Stan is more than just another app. Launched in 2022 by Parth Chadha, Rahul Singh, Nauman Mulla, and Shubham Gupta, it lets gamers and creators build clubs, join tournaments, and win rewards. Think of it as a fan-hub meets gaming arena.
The numbers? Impressive. Stan says it has over 25 million users and 1 million+ creators. It’s gunning for 50 million users by next year. That’s massive growth—and a major reason Nazara is backing it.
Even big-name investors are on board: General Catalyst, Better Capital, Aptos Labs, and Arthur Hayes’s Maelstrom Fund, among others.
One twist though: co-founder Shubham Gupta exited in April 2024, according to his LinkedIn profile.
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Stan’s Financial Leap
Stan’s revenue is on a roll. In FY24, it clocked $1.71 million. Just a year later, in FY25, that jumped to nearly $7.87 million. That kind of leap shows strong demand and solid monetization—exactly what investors want.
Nazara’s Bigger Game Plan
This move isn’t random. Nazara has been quietly expanding its global gaming empire. Just last month, it acquired UK-based Curve Games for Rs 247 crore, and it also entered the VR space with its new Pokerverse VR game—playable on Meta Quest and Apple Vision Pro.
With Stan, Nazara gains a firm foothold in India’s creator-led gaming community, giving it both user base and cultural capital.
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