Nitish Mittersain

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Nitish Mittersain

Nitish Mittersain

@mittersain

Founder, Nazara Technologies Limited. Play the Sax when not playing games 🎷

Mumbai Katılım Eylül 2006
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Nitish Mittersain
Nitish Mittersain@mittersain·
Nazara acquires Bluetile & Bestplay 50% controlling stake for $100mn 375M+ downloads | 22M MAU | $153M revenue | $27.7M EBITDA Profitable, scaled, and AI at the core. Looking forward to working together to build Nazara into a globally scaled gaming platform #nazara #gaming
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CNBC-TV18
CNBC-TV18@CNBCTV18News·
“A.I.-driven personalisation in gaming is changing the gaming experience, taking immersion to a whole new level.” On #YoungTurksReloaded, Nazara Technologies CEO Nitish Mittersain explains how artificial intelligence is transforming not just how games are built, but how they are experienced. He says AI-led gaming will personalise gameplay in real time, creating a one-on-one experience for every player - even at the scale of India’s 500 million gamers. And this level of AI-led personalisation, he believes, is only months away. Watch: youtube.com/shorts/EjnaR1Z… #AIInGaming #AI #FutureOfGaming #NitishMittersain #NazaraTechnologies #TechLeadership #Nazara #metaverse #VirtualReality #cnbctv18digital @ShereenBhan
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Nitish Mittersain
Nitish Mittersain@mittersain·
My thoughts on going public in India…
CNBC-TV18@CNBCTV18News

“There can’t be a better time, place or market to IPO than India.” On #YoungTurksReloaded, Nazara Technologies CEO Nitish Mittersain calls India the most attractive listing destination for companies, citing superior valuations and deeper market access. Reflecting on his journey as a listed founder, @mittersain says transparency, resisting short-term pressures, and staying anchored to the long-term vision of building a global gaming giant from India has allowed him to truly enjoy life post-IPO. #IPO #IndianStartups #NitishMittersain #NazaraTechnologies #TechLeadership #StartupIndia #Gaming #DalalStreet @ShereenBhan

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CNBC-TV18
CNBC-TV18@CNBCTV18News·
“A.I.-driven personalisation in gaming is changing the gaming experience, taking immersion to a whole new level.” On #YoungTurksReloaded, Nazara Technologies CEO Nitish Mittersain explains how artificial intelligence is transforming not just how games are built, but how they are experienced. He says AI-led gaming will personalise gameplay in real time, creating a one-on-one experience for every player - even at the scale of India’s 500 million gamers. And this level of AI-led personalisation, he believes, is only months away. Watch the full episode today at 6:30 PM @mittersain @ShereenBhan #AIInGaming #AI #FutureOfGaming #NitishMittersain #NazaraTechnologies #TechLeadership #Nazara #metaverse #VirtualReality
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CNBC-TV18
CNBC-TV18@CNBCTV18News·
“Our vision is to become India’s Nazara, not India’s Tencent” 🎮 On #YoungTurksReloaded, Nazara CEO Nitish Mittersain reflects on his long-held dream of building a global gaming giant from India, for the world. 🌍 From closing 20+ acquisitions and eyeing $100–$500 million global deals, to betting big on AI-led personalised gaming experiences, Mittersain explains why there has never been a better time to build in India. 🇮🇳 Full episode drops December 18 at 6:30 PM. 🎬 @ShereenBhan @mittersain #Nazara #NitishMittersain #Gaming #MadeInIndia #AIinGaming #GlobalAmbition
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CNBC-TV18
CNBC-TV18@CNBCTV18News·
Meet the gaming CEO whose stress-buster isn’t playing games, it’s playing the saxophone. 🎷 On #YoungTurksReloaded, we reveal a side of Nazara Technologies' Nitish Mittersain you have rarely seen. And just in time for the holiday season, his impromptu sax jam is the perfect mood-lifter. From leading one of India’s biggest gaming companies to stepping into the spotlight with a soulful performance, Nitesh takes us straight from the boardroom to the bandstand. Full episode dropping soon on CNBC-TV18. @ShereenBhan @mittersain #YoungTurksReloaded #Nazara #EntrepreneurLife #FoundersUnplugged #Saxophone #Jazz #Startups #GamingIndustry
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Nitish Mittersain
Nitish Mittersain@mittersain·
@vazzupk The line between organic and inorganic growth is blurry — every acquisition still needs to grow organically to create real value. Our current focus is on scale-up, while continuing to build and acquire gaming-first IPs.
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Vatsal Kanakiya
Vatsal Kanakiya@vazzupk·
.@mittersain Very interesting model . Do you see Nazara's growth coming largely inorganically in the future rather than through internal products? Curious on the goal here. See y'all participating in loads of gaming rounds :)
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Nitish Mittersain
Nitish Mittersain@mittersain·
Sharing today’s exchange intimation with an update on India’s Online Gaming Regulation and our related actions. With the passage of the Promotion & Regulation of Online Gaming Bill, 2025, PokerBaazi (operated by Moonshine, where Nazara holds a 46.1% stake) has ceased real money online gaming operations in India. Moonshine has a strong technology platform, founders & team and will pivot its business into long term, sustainable direction going ahead. This has no impact on Nazara’s consolidated revenues or EBITDA. We will evaluate the potential impairment of our investment in Moonshine, but with our strong revenues, profitability, and cash flows, Nazara is well placed to absorb any impact with ease. On the positive side, the Bill provides strong support for esports, social, and casual gaming, areas where Nazara has a leading presence. This positions us well to benefit from regulatory clarity and future growth in these segments. For over 25 years, Nazara has turned every disruption into an opportunity to come out stronger. I thank all our investors, partners, and teams for their continued trust and support as we keep building a diversified global gaming business for the long term. #gaming #India #esports #nazara
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Nitish Mittersain
Nitish Mittersain@mittersain·
Nazara Q1FY26 results are in — a step forward on our journey in gaming. 🎮 💠 Revenue: ₹498.8 Cr (+99% YoY) 💠 EBITDA: ₹47.4 Cr (+90% YoY) 💠 PAT: ₹51.3 Cr (+118% YoY) Board approves stock split & 1:1 bonus issue 🪙 Btw, this is our 18th successive profitable quarter since our IPO. Time flies 🙂 #Nazara #Gaming #Q1FY26
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Nitish Mittersain
Nitish Mittersain@mittersain·
Announcing TEAM Angels, a unique founder-backed initiative dedicated to investing in early-stage startups building in Mumbai. If you're an early-stage founder with big ambitions, or know someone who is, we invite you to apply! Learn more & apply here: lnkd.in/dncrd9u6 #mumbai #startups
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Nitish Mittersain
Nitish Mittersain@mittersain·
@TripleNetInvest They practice the 3P rule consistently and from an early age… Passion, Perseverance and Positivity
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Triple Net Investor
Triple Net Investor@TripleNetInvest·
What are some unique traits you’ve noticed in ultra-successful people? Traits that really separate them from the average person
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Nitish Mittersain
Nitish Mittersain@mittersain·
#Nazara just completed 4 years as India’s only listed gaming company. The road ahead is filled with immense possibilities—not just for us, but for the entire Indian gaming ecosystem. We’ll continue to build, grow, and push boundaries. Relentlessly. #Gaming #India
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Vishal Gondal
Vishal Gondal@vishalgondal·
Making WAVES with @mumbai_tech_ and the one and only Akash Ambani! When the vibes are high and the energy is unmatched, you know it's a power-packed moment!
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Swapnil Srivastav
Swapnil Srivastav@theswapnilsri·
We at Kidbea started with just ₹36K in Monthly Revenue in Oct ’21, and now we’ve hit ₹5 Crores+ Monthly Revenue in Jan ’25! Yayyyy! 🤩
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Nitish Mittersain
Nitish Mittersain@mittersain·
Nazara Technologies delivers record-breaking Q3 FY25 results! Nazara has achieved its highest-ever quarterly EBITDA of ₹52.4 crores, marking a 39% YoY growth, along with record revenues of ₹534.7 crores and PAT of ₹13.7 cr. 🚀 Growth Drivers: ✅ Gaming segment revenues surged 53%—boosted by the acquisition of Fusebox Games and strong performances from Animal Jam and other key titles ✅ Expanding entertainment collaborations—with Mattel’s Barbie, Moonbug’s Little Angel, and popular franchises like Big Brother & Bigg Boss ✅ Strategic acquisitions of hit gaming IPs—CATS: Crash Arena Turbo Stars and King of Thieves are now part of Nazara, unlocking new revenue streams for Q4 and beyond. ✅ ₹495 crores capital raised—ensuring financial strength to fuel future growth and acquisitions 🔹 Nazara’s Vision: We are focused on expanding our gaming ecosystem, leveraging global partnerships, and scaling operations to establish Nazara as a true leader in the global gaming industry from India. A huge thanks to our team, partners, and stakeholders who continue to power our journey! #gaming #nazara
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Nitish Mittersain
Nitish Mittersain@mittersain·
Look forward to working closely with marquee investor Arpit Khandelwal & entrepreneur @SachetiMithun (Caratlane Founder) to build Nazara into a global gaming powerhouse. With a primary infusion of ₹495 Cr, this will also trigger an open offer of ₹2382 Cr for 26% public stake. Details in our press release #nazara #gaming #india
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Nitish Mittersain
Nitish Mittersain@mittersain·
Busy Monday at #Nazara! Announcing 5 strategic investments totaling nearly INR 200 cr: • 60% stake in Funky Monkeys Play Centers - expanding into children’s play/entertainment zones • First AI investment in LearnTube.ai - AI-powered, gamified learning • Growth investments in NODWIN Gaming, Sportskeeda & Datawrkz. Press release attached:
Nitish Mittersain tweet mediaNitish Mittersain tweet media
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