The grind never ends: Nazara’s Manish Agarwal

Just shy of a year ago, Nazara Technologies went public with a stellar stock market debut. 

Unlike larger tech companies such as Paytm and Zomato, whose stocks have struggled, or Nykaa, whose quarterly performance has disappointed some investors, Mumbai-based Nazara has gone steady. Revenue continues to grow, while profits remain about the same.

For those unfamiliar with Nazara, the company is actually a web of gaming companies, one which has been built on the back of mergers and acquisitions over the years. It runs a clutch of verticals operating in different segments within the larger gaming sector—esports, gamified learning (educational …