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Nazara Reduces Stake in Nodwin Ahead of Fundraising
Nazara Reduces Stake in Nodwin Ahead of Fundraising

Entrepreneur

time7 days ago

  • Business
  • Entrepreneur

Nazara Reduces Stake in Nodwin Ahead of Fundraising

After the funds are raised, Nodwin will be called an associate company instead of a subsidiary. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Nazara Technologies said on Wednesday that it will no longer keep majority control of its company Nodwin Gaming. This step is being taken as Nodwin plans to raise money from current investors to grow its business in esports and youth media. To help with the fundraising, Nazara's board has agreed to give up some special rights it held over Nodwin. This change will give Nodwin more freedom to run its business and raise money on its own. The board has also agreed to remove Nodwin from its list of main companies, but this will need approval from shareholders at a meeting on August 13. After the funds are raised, Nodwin will be called an associate company instead of a subsidiary. Nazara first bought a 55 percent share in Nodwin Gaming in January 2018 through a mix of cash and company shares. Since then, Nazara has added more money to support Nodwin's growth. The latest investment was in December last year, when Nazara put in INR 64 crore to help Nodwin grow its business and brands. This is the second time an Indian listed company has reduced its stake in a smaller company to below 50 percent. PB Fintech recently cut its stake in PB Healthcare Services from 100 percent to 26 percent after a funding round, though it still invested in that round. This shows that Indian tech companies are looking for more flexible ways to grow and manage their money.

Nazara's stake in Nodwin to drop below 50% after internal fundraise
Nazara's stake in Nodwin to drop below 50% after internal fundraise

Business Standard

time16-07-2025

  • Business
  • Business Standard

Nazara's stake in Nodwin to drop below 50% after internal fundraise

Nazara Technologies, the only publicly listed gaming company in India, will cease to be the majority shareholder in its subsidiary Nodwin Gaming, as Nodwin prepares for an internal fundraise. Nodwin will be reclassified as an associate company from its current status as a subsidiary following the fundraise. Nodwin is raising fresh capital from certain existing shareholders. However, Nazara will not participate in the proposed funding round in Nodwin. Nazara's stake in Nodwin is expected to fall below 50 per cent. It will, however, remain the largest shareholder in Nodwin even after the de-subsidiarisation. 'The proposed capital raise will result in the shareholding of the company (Nazara) in Nodwin falling below 50 per cent. Further, in order to support Nodwin's next phase of growth and provide it with the operational and financial flexibility needed to raise timely funding, the company has also decided to waive certain controlling and restrictive rights it currently holds as the majority shareholder,' it said. Nodwin's fundraise comes at a time when the company plans to 'pursue aggressive growth in its e-sports and youth media business'. In December 2024, the Nazara board had approved an investment of Rs 64 crore in Nodwin. Nazara had acquired a majority stake of 55 per cent in Nodwin Gaming in 2018. It had then said that it planned to leverage its investments in the mobile and digital sports category to build intellectual properties (IPs) in the e-sports space along with Nodwin in categories such as soccer, cricket, and other traditional sports.

Aankhon Ki Gustaakhiyan Review: Shanaya Kapoor and Vikrant Massey's efforts go in vain due to the film's sluggish screenplay and uninteresting conflict
Aankhon Ki Gustaakhiyan Review: Shanaya Kapoor and Vikrant Massey's efforts go in vain due to the film's sluggish screenplay and uninteresting conflict

Pink Villa

time11-07-2025

  • Entertainment
  • Pink Villa

Aankhon Ki Gustaakhiyan Review: Shanaya Kapoor and Vikrant Massey's efforts go in vain due to the film's sluggish screenplay and uninteresting conflict

Plot Aankhon Ki Gustaakhiyan tells the story of Saba (Shanaya Kapoor) and Jahan (Vikrant Massey). They meet on a train to Dehradun. Saba is a renowned theatre artist. She boards the train, blindfolded, to naturally prepare for the auditions of a movie where the protagonist is a blind girl, in the hill town of Mussoorie. Jahan's reason to board the Dehradun train is to look for inspiration in Mussoorie, for his next music album. The seamingly blind Jahan helps Saba experience the world through her other senses. Not once does he reveal to Saba that he is blind. When Saba struggles to find a hotel for herself in Mussoorie, she moves into Jahan's house. They grow close and develop feelings. But Jahan leaves mysteriously the day Saba is set to remove her blindfold. Why does Jahan leave? Why does Jahan hide his truth from Saba? Do they reunite? If yes, do they hit it out this time? Watch the movie to find the answers. What Works for Aankhon Ki Gustaakhiyan Aankhon Ki Gustaakhiyan shines in its visuals. The scenic beauty of Mussoorie is captured beautifully. The cinematography makes every frame feel alive. The music is another highlight. Songs like Nazara and Alvida are soulful and stay with you. The playback songs, along with the cover versions of the playback songs sung by Vishal Mishra, blend well with the story. The performances feel genuine, even if they lack polish. The chemistry between Saba and Jahan seems to carry an innocent charm. The film's attempt to explore a unique relationship dynamic between a blind person and someone temporarily experiencing blindness is appreciable. What Doesn't Work for Aankhon Ki Gustaakhiyan Aankhon Ki Gustaakhiyan's biggest issue is its length. It feels unnecessarily stretched and dragged. The screenplay is monotonous and lousy. The story meanders to hold attention. It doesn't offer anything new to the romance genre. The second half turns overly dramatic, leaning into clichéd filmy moments. This shift, strips away the realism built early on. The narrative lacks spunk, and key plot points feel underdeveloped. The emotional depth promised by the premise doesn't fully land, leaving viewers disconnected. A tighter script and sharper editing could have made a big difference. Watch Aankhon Ki Gustaakhiyan Trailer Performances in Aankhon Ki Gustaakhiyan Shanaya Kapoor, in her debut, is good with emotional scenes. She brings vulnerability to Saba. However, her performance needs more refinement to feel consistent. Vikrant Massey, as Jahan, is dependable as always. He portrays the character's quiet strength and hidden pain with ease. Zain Khan Durrani, playing Abhinav, delivers a mature performance. His role, though significantly smaller, adds a layer of intrigue. The supporting cast performs well but doesn't leave a lasting impact. Final Verdict of Aankhon Ki Gustaakhiyan Aankhon Ki Gustaakhiyan has a promising premise but falls short in execution. The visuals and music are good and the performances, especially from Shanaya and Vikrant, show heart. However, the film's long runtime and dull screenplay make it a tedious watch. The story starts with potential but loses its way to never find it back again. Watch Aankhon Ki Gustaakhiyan In Theatres Now Aankhon Ki Gustaakhiyan plays in theatres now. Stay tuned to Pinkvilla for more updates on Aankhon Ki Gustaakhiyan.

Aankhon Ki Gustaakhiyan Trailer: Vikrant Massey And Shanaya Kapoor's Love Story Sees Beyond Sight
Aankhon Ki Gustaakhiyan Trailer: Vikrant Massey And Shanaya Kapoor's Love Story Sees Beyond Sight

India.com

time01-07-2025

  • Entertainment
  • India.com

Aankhon Ki Gustaakhiyan Trailer: Vikrant Massey And Shanaya Kapoor's Love Story Sees Beyond Sight

New Delhi: The trailer of the much-anticipated romantic drama Aankhon Ki Gustaakhiyan, starring Vikrant Massey and debutante Shanaya Kapoor, was officially launched in Mumbai today. The film promises a heartfelt love story that explores the emotional spectrum of young romance, from the warmth of first encounters to the pain of heartbreak and the pull of destiny. Set against a soulful musical backdrop, the trailer offers a glimpse into a narrative that blends innocence with emotional complexity. Vikrant Massey steps into uncharted romantic territory, showcasing a fresh side of his acting range, while Shanaya Kapoor impresses in her debut performance with a poised and expressive presence that defies her newcomer status. Directed by Santosh Singh and written by Mansi Bagla, Aankhon Ki Gustaakhiyan is positioned as a return to classic Bollywood romance, combining emotional storytelling with melodious music by Vishal Mishra. The score adds a deeply nostalgic and emotional tone to the film, which seeks to rekindle the charm of love stories from Bollywood's golden era. Watch The Trailer Here: The trailer launch event was attended by the film's lead cast along with producer duo Mansi Bagla and Varun Bagla, and Zee Studios' Umesh Bansal. Shanaya's parents, Sanjay and Maheep Kapoor, were also present to support her debut. The makers of the musical romantic film had previously unveiled a song, offering a glimpse into the touching and heartwarming chemistry between Vikrant Massey and Shanaya Kapoor. This thoughtfully curated on-screen experience promises to capture the purity of their emotions, drawing audiences into a truly heartfelt journey. Speaking about the song, composer Vishal Mishra said, 'Composing 'Nazara' for Aankhon Ki Gustaakhiyan has been one of the most personal journeys for me. From the very first note, I wanted to create a melody that feels timeless, something that quietly tugs at your heart and stays with you. The lyrics are woven with innocence and emotion, echoing the tender magic of first love and serendipitous meetings. 'Nazara' is a celebration of vulnerability, of the kind of love that catches you by surprise and lingers like a memory. I truly hope it makes people believe in love all over again.' Presented by Zee Studios and Mini Films, Aankhon Ki Gustaakhiyan is slated for a theatrical release on July 11, 2025, and is being billed as the perfect monsoon romance for cinema-goers.

Shanaya Kapoor's Promotion Look Has Fans Say ‘Gustaakhiyan Maaf'
Shanaya Kapoor's Promotion Look Has Fans Say ‘Gustaakhiyan Maaf'

News18

time29-06-2025

  • Entertainment
  • News18

Shanaya Kapoor's Promotion Look Has Fans Say ‘Gustaakhiyan Maaf'

Shanaya Kapoor shared glimpses of a promotional event of Aankhon Ki Gustaakhiyan, featuring co-star Vikrant Massey. Shanaya Kapoor is all set to make her acting debut in Santosh Singh's upcoming romantic drama Aankhon Ki Gustaakhiyan opposite Vikrant Massey. Since the trailer was dropped, the film has created a significant buzz among the fans, as they cannot wait any longer to watch Shanaya on the big screen. On June 26, the debutante took to social media to share glimpses of a promotional event for her upcoming film. Shanaya shared a picture with co-star Vikrant Massey as they posed in front of their film banner. Shanaya was looking chic in a white lace mini dress, which she paired with silver strappy heels. On the other hand, Vikrant opted for a casual, laid-back look with black trousers and a matching graphic tee, which he paired with a denim jacket and white sneakers. Shanaya's post was accompanied by a track from their film, titled Nazara. Soon after sharing the pictures, B-Town celebrities and fans took to the comments to congratulate her. Ananya Pandey, Deanne Pandey and Maheep Kapoor were seen commenting on her post along with Aankhon Ki Gustaakhiyan director Santosh Singh and cinematographer Tanveer Mir. Previously, the actress shared a few behind-the-scenes moments, building excitement for her highly anticipated debut. Taking to Instagram, Shanaya posted a reel showcasing the challenging first outdoor shoot of Aankhon Ki Gustaakhiyan. In the video, Shanaya was donning a red dress while being covered in a puffer jacket to beat the cold weather. Her co-star Vikrant Massey was seen motivating her to stay calm in the cold while she was jumping in excitement. Based on Ruskin Bond's short story The Eyes Have It, Aankhon Ki Gustaakhiyan tells a beautiful love story between a visually impaired musician (played by Vikrant Massey) and a theatre artist (played by Shanaya Kapoor). According to a press release, 'The film explores the themes of resilience, passion and the indomitable human spirit, all set to a beautiful musical backdrop." Produced by Mansi Bagla and Varun Bagla under ZED Studios and Mini Films, Aankhon Ki Gustaakhiyan is set to hit the theatres on July 11. First Published:

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