Gaming and esports agency NODWIN Gaming has appointed Manish Agarwal as a non-executive director, as the corporate steps up preparations for a possible IPO.
The transfer is seen as a part of a broader effort to strengthen governance and strategic oversight as the corporate positions itself for public markets within the coming years.
Agarwal beforehand served as CEO of Nazara Applied sciences between 2015 and 2022, the place he performed a key position in taking the corporate public in 2021. His expertise is predicted to assist NODWIN’s personal itemizing ambitions, notably in areas resembling institutional progress and capital market readiness.
In a press release, Agarwal mentioned, “Having seen NODWIN’s journey from its early phases to turning into a number one power in youth tradition and gaming, it’s been thrilling to observe its evolution. As the corporate now prepares for its subsequent section, together with its path in the direction of public markets, I sit up for contributing to constructing a globally related and institutionally sturdy platform.”
NODWIN’s managing director and co-founder Akshat Rathee described the appointment as coming at a “essential inflection level” for the corporate, including that Agarwal’s expertise in scaling companies and creating shareholder worth could be key because it advances its IPO plans.
The corporate is reportedly aiming to boost round $100 million in a pre-IPO funding spherical, whereas current traders are anticipated to partially offload stakes by means of secondary transactions.
Based as an esports-focused enterprise, NODWIN has been increasing right into a broader youth media platform because it seeks to distinguish itself and scale throughout worldwide markets.
Lately, the corporate reappointed Sidharth Kedia as chief technique and investments officer and in addition added Arnd Benninghoff to its board.
Financially, NODWIN reported income of Rs 524 crore for the monetary yr 2025, sustaining a compound annual progress charge of greater than 50% since 2018. Within the first three quarters of FY26, income reached over Rs 530 crore, with the corporate remaining EBITDA constructive.
The agency expects to shut FY26 with income of round Rs 700 crore.