In a significant move to bolster its growth, Gurugram-based gaming and esports powerhouse NODWIN Gaming has received a ₹64 crore (approximately $7.7 million) investment from its parent company, Nazara Technologies. This investment is set to propel NODWIN Gaming’s expansion plans, focusing on scaling its capabilities, enriching its portfolio of intellectual properties (IPs), and solidifying its footprint in emerging markets.

A Testament to Collaboration

Expressing his enthusiasm, Akshat Rathee, Co-founder and Managing Director of NODWIN Gaming, said:

“Nazara Technologies has been a steadfast partner in our journey. Their belief in our vision propels us forward as we focus on becoming a truly global leader from India. We are committed to innovation and capturing the attention of the global youth through our new-age media offerings in emerging markets.”

Founded in 2014 by Akshat Rathee and Gautam Virk, NODWIN Gaming has established itself as a leader in creating and monetizing esports and gaming IPs. Their portfolio spans leagues, tournaments, and reality shows, catering to a youth demographic that thrives on gaming, pop culture, and entertainment.

A Global Esports Powerhouse

With a valuation of $410 million as of November 2024, NODWIN Gaming has carved a niche for itself across South Asia, Singapore, the Middle East, and Turkey. It engages with professional esports athletes, teams, and content creators, delivering an extensive range of offerings that blend esports with music, comedy, and pop culture.

Backed by an impressive roster of investors, including Nazara, KRAFTON Inc., Sony Group Corporation, and JetSynthesys, NODWIN Gaming is a testament to India’s growing prominence in the global esports industry.

Expanding Horizons with Strategic Acquisitions

NODWIN Gaming’s aggressive expansion strategy is evident in its series of strategic acquisitions, including:

•Freaks 4U Gaming (a German esports and gaming marketing agency)

•Comic Con India

•Publishme (a West Asia and Turkey-focused marketing agency)

•Branded (a Singapore-based live events firm)

•Ninja Global (a Turkish esports and gaming company)

These acquisitions have not only strengthened its global presence but also diversified its portfolio, allowing the company to merge creativity with business acumen.

Financial Momentum and Growth Prospects

NODWIN Gaming’s financial performance speaks volumes about its upward trajectory. The Q2 FY24 results reported a 91% QoQ growth in revenue and a 111% YoY increase, showcasing the company’s robust growth potential.

The newly secured funding will enable NODWIN Gaming to accelerate its ambitious goals of becoming a global gaming and esports powerhouse, further amplifying its influence in emerging markets and beyond.

What Does This Mean for the Indian Gaming Industry?

This investment is not just a win for NODWIN Gaming but also a massive boost for the Indian gaming and esports ecosystem. As NODWIN continues to innovate and expand, it paves the way for new opportunities, inspiring countless aspiring gamers and creators to dream big on a global stage.

Stay tuned as NODWIN Gaming sets new benchmarks in the world of esports and gaming!