Nazara CEO on India's Gaming Industry

The transcript discusses the impact of COVID-19 on the esports business, highlighting a negative effect due to the lack of offline events and sponsorships. Despite this, the company expects significant growth, driven by the expanding Indian gaming market. The discussion also covers regulatory challenges, particularly in advertising and betting, which are not expected to impact the company significantly. The company plans to grow through mergers and acquisitions, focusing on edutainment, game development, and expanding esports in Africa and the Middle East.

What was the primary reason for the negative impact on the esports business during COVID-19?

• Lack of offline events and sponsorships

• Increased competition

• Decrease in online gaming

• Regulatory changes

Which market is expected to grow at 30-35% CAGR according to the transcript?

• Japan

• China

• United States

• India

What new initiative is being launched to boost esports viewership in India?

• Battleground Mobile India on linear TV

• New esports gaming console

• Esports tournaments in schools

• Partnership with international gaming companies

How does the company view the impact of regulatory changes on offshore betting companies?

• It will increase competition

• It will have no impact

• It will negatively affect their business

• It will benefit Indian skill-based gaming companies

What regions are being targeted for expansion in the company's M&A strategy?

• North America and Australia

• Europe and South America

• Asia and Europe

• Africa and Middle East