Future Of Gaming In India, Income Of Gamers, E-Sports, GTA 6 - Nitish Mittersain | FO155 Raj Shamani
Raj Shamani's Figuring Out
The Journey into the Gaming Industry
The speaker discusses their early experiences with computers and the internet, their struggles in starting a company during the dot-com crash, and their eventual entry into the mobile gaming market. They also mention a fanboy moment with a famous personality and a million-dollar endorsement deal.
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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.
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/
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 development in India
(32:17) - Why were Nvidia stocks rising?
(34:33) - Amazon business
(35:33) - Biggest opportunity for Nazara Technologies
(36:56) - Conclusion
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To Know More,
Follow Raj Shamani On ⤵︎
Instagram @RajShamani
https://www.instagram.com/rajshamani/
Twitter @RajShamani
https://twitter.com/rajshamani
Facebook @ShamaniRaj
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LinkedIn - Raj Shamani
https://www.linkedin.com/in/rajshamani/
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