NODWIN Gaming has named Sidharth Kedia as the new head of business planning and investments. Kedia was the company’s CEO from 2019 to 2023, and returns to the company as it anticipates going public. He will oversee international fundraising and cross-border mergers and acquisitions, to support the company’s growth.
Key Takeaways:
- Sidharth Kedia rejoins NODWIN Gaming as head of growth and investments.
- Kedia assisted the company in increasing its revenue by ten times during his four-year tenure as CEO.
- The company made 530.3 crore rupees in revenue in the first three quarters of FY26.
- NODWIN Gaming is gearing up for an upcoming stock market listing.
- The company recently appointed Arnd Benninghoff to the board for guidance on the company’s long-term objectives.
Robust Financial Growth and Increase in Market Capitalization
Kedia’s return comes after another excellent financial performance for NODWIN Gaming. The firm achieved a revenue of 524 crore rupees for FY25. Within the current year and before the end of the 3rd quarter, the firm has already surpassed that with a revenue of 530.3 crore rupees. The firm has managed a positive EBITDA.
During his earlier tenure with the firm, Kedia was instrumental in the raising of over $50 million in successive capital. The business valuation rose from 140 crore rupees in 2018 to $350 million in 2023, after a funding round with the Sony Group Corporation. The firm has diversified from being just an esports company and has also included live events and content creation targeting young audiences.
Kedia’s Experience in Media and Investments
Kedia has 20+ years of experience in various fields, including fintech, private equity, and media. Before coming back to NODWIN, he held executive roles at Viacom18 and Reliance Industries. While at Reliance, he handled media investment strategies for Jio and managed the Network18 portfolio.
Additionally, he co-founded a media and entertainment-focused private equity fund that was $150 million. His experience has been centered on the combination of technology, content, and the delivery to the audience. At NODWIN, he will focus on new acquisition opportunities to increase the overall value of the business for shareholders.
Getting Ready for Public Markets
NODWIN Gaming co-founder and managing director Akshat Rathee claims Kedia has a solid understanding of the business. He credited him with preparing the firm as it contemplates a listing. The firm is investing in its internal systems in preparation for public markets.
The firm is also expanding its portfolio of owned assets and partnerships. By bringing in seasoned executives like Kedia and Arnd Benninghoff, NODWIN Gaming intends to establish a global business with the ability to scale. The firm remains focused on the gaming culture and creator ecosystems in developing markets.
Related FAQs
Q1: What is Sidharth Kedia’s new role at NODWIN Gaming?
A1: Sidharth Kedia is now the new lead for growth and investment. He will be handling the fundraising and mergers, and the long-term business strategy of the company.
Q2: How much revenue did NODWIN Gaming earn recently?
A2: The company earned 530.3 crore rupees in the first nine months of the fiscal year 2026. This is already higher than the total revenue earned from the previous year.
Q3: Is NODWIN Gaming planning to go public?
A4: The company has stated that it is building its leadership and board of directors to prepare for an eventual stock market listing.
Q5: Who are some of the major investors in NODWIN Gaming?
A5: The major investors are Sony Group Corporation and Nazara Technologies, which has valued the firm at 350 million dollars.
