The grind never ends: Nazara’s Manish Agarwal

The gaming company’s CEO talks about the transition to a publicly traded entity and lays bare the guts of the gaming business in India.

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 …


Harveen Ahluwalia

Harveen is a co-founder at The Morning Context, and leads our Internet coverage, overseeing a team of reporters writing on startups and tech. She has previously worked as a media, consumer and tech reporter at The Ken and Mint. At The Morning Context, she writes on startups, venture capital, consumer and media businesses—from e-commerce to healthtech to streaming.

Editor, Internet



Mahima Kapoor

Mahima is a former writer at The Morning Context, who covered large tech companies and what they do in India. Previously, she wrote about business, economy and markets with a special focus on startups at BloombergQuint, where she says she learnt financial journalism on the job.