Figuring Out with Raj Shamani

Future Of Gaming In India, Income Of Gamers, E-Sports, GTA 6 - Nitish Mittersain | FO155 Raj Shamani

January 07, 2024 Raj Shamani
Figuring Out with Raj Shamani
Future Of Gaming In India, Income Of Gamers, E-Sports, GTA 6 - Nitish Mittersain | FO155 Raj Shamani
Show Notes

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In today's episode of Figuring Out, we have Nitish Mittersain in conversation with Raj Shamani.
He is the Founder and CEO of Nazara Technologies, India’s leading diversified gaming and sports media platform and also, India’s only publicly listed gaming company. In the span of 7 years, under his leadership, his company made a profit of 200-250 crores. Today his company is worth more than 800 crores. His knowledge around global trends and building profitable business is truly inspiring and something to learn from.

In this episode, we had a conversation around some of your favourite games like GTA, PUBG and many more. We talked about his young days and how he became friends with late Shammi Kapoor at 16. And how it led to him starting this leading gaming platform in India. We also talked about how his strong determination led to meeting his ideal Sachin Tendulkar and how he convinced him to be his brand ambassador all while he was just 24 years old. We discussed how brick by brick he builded his company, stories of getting his first investor to get 100 crores investment by the ‘Kamath brothers’. 

Towards the end, we talked about how big is the gaming industry in India, how much do gaming creators earn in India, is it a sustainable career and how can you make a profitable and sustainable career in gaming. We also talked about how gaming benefits the younger generation which is hardly talked about and the future of this industry. This episode will be a treat if you love gaming or you love knowing how successful businesses are created and the mindset they need. Till our next episode, subscribe to our channel and join us on this journey of Figuring Out. 


Follow Nitish Mittersain Here:

Linkedin: https://in.linkedin.com/in/mittersain
Twitter: https://twitter.com/mittersain
Instagram: https://www.instagram.com/nitishmittersain/

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Timestamps:

00:00 - Introduction
00:55 - What Nazara Technologies do?
02:46 - Friendship with Shammi Kapoor
05:54 - Sachin as brand ambassador
10:14 - 250 crore profits
11:13 - Rakesh Jhunjhunwala invested in his company
12:32 - US vs Indian market
13:38 - Kamath brothers invested in his company
15:45 - GTA 6 hype
16:08 - Influence of gaming
17:49 - Benefits of gaming
20:13 - Can people become professional gamers?
21:33 - Future of gaming creators
23:48 - Income of gamers
24:36 - Is esports profitable in India?
26:36 - Biggest country for gaming
27:18 - Does the Indian government support gaming?
29:05 - Game developme