The Economic Times: Mumbai-based mobile content developer Nazara Technologies is believed to be receiving another round of funding of $5-7 million. The deal is likely to be closed by the end of the year, says the report. It further says that Sequoia Capital India, which originally invested $1.5 million Nazara, may also back the company in the second round. The company which owns rights for cricket stars like Sachin Tendulkar and Mahendra Singh Dhoni, is said to be planning a B2C push. As of now, they provide content to telcos.
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