NODWIN Gaming has announced the appointment of Sidharth Kedia as Chief Strategy and Investments Officer, marking a key leadership move as the company sharpens its focus on strategic growth and prepares for its next phase, including a potential IPO.
According to a NODWIN press release, Kedia returns to the company at a defining moment, having earlier served as CEO between 2019 and 2023. During his previous stint, the company witnessed a tenfold jump in revenue and raised over $50 million in capital. Its valuation also saw a sharp rise—from around INR 140 crore following Nazara Technologies’ investment in 2018 to $350 million pre-money after a funding round led by Sony Group Corporation in 2023. He also played a pivotal role in transforming NODWIN from an esports-centric entity into a broader youth media and entertainment platform.
In his new role, Kedia will lead strategy, fundraising and mergers and acquisitions, with a clear mandate to strengthen the company’s long-term direction and unlock shareholder value. His focus will also include identifying inorganic growth opportunities across global markets as NODWIN builds a scalable, IP-led business spanning gaming, content, live experiences and youth culture.
Kedia brings over two decades of experience across media, investments and strategy. Over the years, he has worked across organisations such as Venture Infotek, eFunds, Ambit Pragma Ventures, Reliance Industries and Viacom18, contributing to areas including payments ecosystems, data analytics, private equity investments, and media strategy. His experience also includes leading turnaround initiatives within the Network18 portfolio and advising on media investments for Jio.
Commenting on his return, Kedia said the company is entering a phase where focused strategy and disciplined capital allocation can unlock its full value potential. NODWIN’s co-founder and managing director Akshat Rathee highlighted that Kedia’s deep understanding of the ecosystem and expertise in capital strategy would be critical as the company scales globally and explores listing opportunities.
The appointment comes at a time when NODWIN is witnessing strong business momentum. The company reported revenue of INR 524 crore in FY25, backed by a consistent 50 percent-plus CAGR since 2018, and has already surpassed that figure in the first three quarters of FY26, reaching INR 530.3 crore while remaining EBITDA positive.
Kedia’s return also follows recent efforts by the company to strengthen its leadership and governance structure, including the onboarding of Arnd Benninghoff to its Board of Directors. With a growing portfolio of IPs and an expanding global footprint, NODWIN Gaming is positioning itself for its next phase of growth, backed by stronger institutional capabilities and a sharper strategic focus.
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