In 2020, a few sectors stand out as clear winners - and one of them is gaming. The nationwide lockdown and remote living led to a surge in online gaming. By some estimates, India’s gaming market is expected to grow from $2 billion in 2019, to over $8 billion by 2024.
India is now among the top five mobile gaming markets in the world with 365 million online gamers in 2019 which is estimated to increase to 440 million in 2 years.
Nazara Technologies has been one of the poster boys for India's tryst with gaming. The gaming company models itself on China's leading gaming conglomerate Tencent. With over 100 million monthly active users and 300 million app downloads from over 60 countries, Nazara has come of age.
Nitish Mittersain, founder & MD of Nazara Technologies, Manish Agarwal, CEO at Nazara Technologies and the man who has backed Nazara right through its journey - Sandeep Singhal, co-founder & MD of Westbridge Capital spoke to CNBC-TV18’s Shereen Bhan about India's gaming industry and Nazara’s growth story.
To know more, watch the video.