Nazara Tech's subsidiaries in good shape despite SVB exposure: CEO

After Nazara Technologies said two of its subsidiaries have ₹64 crore held in Silicon Valley Bank (SVB), CEO and Founder Nitish Mittersain said the firms were still in good shape and that Nazara doesn't need to step in to support them. Kiddopia and Datawrkz operate with businesses in the US, which is why they have accounts with SVB, Mittersain added.