Gurugram: NODWIN Gaming, an esports and youth entertainment company, has announced appointed Manish Agarwal to its Board as a Non-Executive Director. The move comes as the company accelerates preparations for a potential public listing, strengthening its leadership with deep expertise in public market readiness and institutional growth.
An industry veteran who played a pivotal role in scaling and taking public India’s only listed gaming company, Agarwal brings extensive experience in governance, strategy, and capital markets. He has also been associated with NODWIN Gaming since its early days, having led Nazara Technologies’ investment into the company, offering a long-term perspective on its evolution and growth trajectory.
Currently, Agarwal is the Co-founder of KGeN (Kratos Gamer Network), a verified human distribution network organizing micro-communities across the Global South to drive engagement and commerce. Backed by global investors including Accel and Prosus, KGeN was recently valued at approximately $500 million. He is also the Founder of Humyn Labs, which works with frontier technology companies to transform real-world community signals into structured human intelligence systems for AI.
In his new role, Agarwal will work closely with the Board and leadership team to enhance governance, strategic oversight, and long-term value creation as NODWIN scales its global footprint and aligns with public market expectations.
Manish Agarwal, Co-Founder, KGeN & Humyn Labs said, “Having seen NODWIN’s journey from its early stages to becoming a leading force in youth culture and gaming, it’s been exciting to watch its evolution. As the company now prepares for its next phase, including its path towards public markets, I look forward to contributing to building a globally relevant and institutionally strong platform.”
Akshat Rathee, Managing Director and Co-Founder, NODWIN Gaming said, “Manish has been a long-time partner in NODWIN’s journey, from leading Nazara Technologies’ investment into the company to now joining our Board at a crucial inflection point. He is the leader who took Nazara public and created immense shareholder value, and brings that same mindset as we prepare for our own public market journey. Manish brings a rare combination of entrepreneurial vision and public market experience that is incredibly valuable at this stage of our journey. We are confident his strategic guidance will play an important role as we advance our pre-IPO round and continue creating long-term value for our stakeholders. We are delighted to welcome him to the Board at this important stage.”
NODWIN Gaming has been steadily expanding its footprint across gaming, creator ecosystems, and youth culture, building a diversified platform spanning content, commerce, and experiences. The company continues to invest in strengthening its institutional capabilities, governance frameworks, and global presence as it prepares for its next phase of growth.
The appointment is part of a broader set of strategic initiatives undertaken by the company. Earlier this month, NODWIN brought back Sidharth Kedia to lead strategy, capital planning, and M&A, reinforcing its focus on disciplined growth and shareholder value creation. Additionally, the company onboarded Arnd Benninghoff to its Board and initiated a $100 million pre-IPO fundraise.
NODWIN Gaming has demonstrated strong financial momentum, reporting INR 524 crore in FY25, driven by a consistent CAGR of over 50% since 2018. In the first three quarters of FY26 alone, the company recorded revenues of INR 530.3 crore while maintaining EBITDA-positive operations, signalling a record-breaking year ahead as it moves closer to public markets.
