NODWIN Gaming begins pre-IPO fundraising

New Delhi, Mar 16 (PTI) Gaming and e-sports firm NODWIN Gaming on Monday said it has officially initiated a pre-IPO fundraising round and strengthened its leadership with the appointment of Arnd Benninghoff to its board of directors.

The funding round will comprise a mix of primary issuance to fund the company’s global expansion via organic growth and strategic acquisitions, alongside a secondary sale providing liquidity to existing shareholders, the company said in a statement.

NODWIN said it has returned to EBITDA profitability with a 42 per cent year-on-year increase in revenue, reaching USD 58.5 million in the first nine months of FY 2026.

Currently the Executive Vice President of Gaming at Modern Times Group (MTG), Benninghoff leads the group’s strategic investments and portfolio growth since 2014. PTI ANK DR DR