Digital entertainment provider Nazara's seed fund, launched late last year, is preparing to make its first investments, targeting two India-based start-ups.
India-based digital entertainment company Nazara Technologies’s Nazara Seed Fund, which recently floated for Rs 100m ($1.6m) is preparing to make its first investments, VCCircle has reported.
The fund, which targets gaming start-ups has said it is close to funding two start-ups, the idenities of which cannot yet be disclosed, in Bangalore and Mumbai. It is expected to make additional investments by March 2015.
Nitish Mittersain, founder and chief executive of Nazara, stated: “These two are young start-ups with decent traction.…
