SVB fallout: Nazara Tech says two subsidiaries hol..

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2 yrs

SVB fallout: Nazara Tech says two subsidiaries hold cash worth Rs 64 crore in collapsed lender
https://www.moneycontrol.com/n....ews/business/compani

SVB fallout: Nazara Tech says two subsidiaries hold cash worth Rs 64 crore in collapsed lender

Both subsidiaries - Kiddopia and Mediawrkz - continue to be well capitalised and are generating positive cash flows along with profitability. Thus, the SVB fallout is not expected to have any impact on their day-to-day operations, business performance and growth plans, Nazara said.

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