Nazara 2.0, Walmart’s PhonePe Woe & More

Nazara Hits Reset 

Nazara just endured the darkest quarter in its history. In Q2 FY26, it reported a loss of INR 34 Cr due to the collapse of its RMG investments and found itself in the midst of an esports winter in Europe. So, what’s the gaming giant doing to tide over this crisis?

Building Futureproof IPs: Nazara’s revival plan centres on building intellectual properties (IPs) that hold long-term value. It is also creating a multi-franchise portfolio like Animal Jam and World Cricket…