“This is the decade of gaming in India,” says Nitish Mittersain, founder of Nazara Technologies, in an interview with The Ken. Mittersain isn’t shy to admit that he’s probably said this line about 500 times in the last month alone as part of initial public offering (IPO) roadshows. Still, he insists, the sentiment is genuine. “I’ve never felt it [before] really as much as I do now,” he says.

Mittersain clearly isn’t the only person who feels this way. Gaming company Nazara’s Rs 583 crore (~$80 million) IPO issue was oversubscribed 175.5 times last week.

AUTHOR

Arundhati Ramanathan

Arundhati is Bengaluru-based. She is interested in how people use money in the digital age and how new economies will take shape based on that interaction. She has spent over 10 years reporting and writing on various subjects. Previous stints were at Mint, Outlook Business and Reuters.

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