India, March 31 -- With its IPO on the line, NODWIN Gaming is going beyond gaming and esports. The company is looking to transition into a youth media brand to differentiate itself from its one-time parent company Nazara. As part of this journey, the company is planning to raise around $100 Mn in a pre-IPO round, NODWIN's cofounder Akshat Rathee told Inc42.
Alongside this, existing investors may partially offload stakes via secondary transactions, allowing for limited liquidity, around 10-15%, without any full exits.
This capital will not be earmarked for aggressive geographic expansion, much of which is already in place, but for deepening its core business.
The focus will be sharply on two areas: IP expansion and monetisation. "...
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