PTG Database Analysis
NODWIN Gaming describes itself as an India-based youth entertainment company established in 2015, with work spanning esports tournaments and events, influencers and content, marketing, and brand activations. The company says its expansion has reached South Asia, South Africa and the United Arab Emirates; it lists Gurugram, Haryana, as its headquarters. Nazara Technologies currently lists NODWIN as an associate and reports a 47.66% holding.[1][8]
NODWIN reported consolidated revenue of INR 658 crore for FY2025–26, up 25% organically year on year. Its EBITDA was INR 21 crore, compared with an EBITDA loss of INR 14 crore in FY2024–25.[6][7] The prior year’s revenue was INR 523.8 crore in Nazara’s annual report.[3]
In October 2026, NODWIN said its China team facilitated a partnership between XIBERIA and Paper Rex, with CROCIRIS named by PRX as the Official Audio Partner. The team also described support for its roster and creators.[2][4] Independent coverage also describes NODWIN as the deal facilitator. The announcement identifies a cross-border partnership role for NODWIN’s China operation; it does not make NODWIN a commercial party to the brand–team agreement.[5]
