“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.
