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Hot Seat
Game for it?
We get the privilege to download everythingfrom Archie
comics to high-tech games, wallpapers to songs, sports games to puzzles, and
entertainment masala to sacred mantrasall thanks to one of the leading
players in the online gaming zone. Nitish Mittersain, CEO, Nazara Technologies,
tells Renuka Vembu how it all began
Mittersain,
one of the young achievers of the present fast-paced and exceedingly ambitious
generation, started his entrepreneurial mission when he was merely out of college,
at the age of 19. He was born in a business family, his father and grandfather
being in the textile industry. This business-friendly atmosphere facilitated
for his early self-learnings.
The business acumen was imbibed naturally, which later in life came in handy
at the time of shaping up, starting and operating his own company. By Mittersains
own admission, these lessons were never taught but were the ones he learnt through
shrewd observance. Business knowledge for requisites like risk-taking, being
patient and fighting it out, the strong will to not accept defeat and the courage
to survive, working thoughtfully and prudently, maintaining cost-effectiveness,
etc., that are the pillar-stones for embarking on a self-financed venture, came
in at no price.
Starting young
A glance at his tech savvy childhood days and the direction in which his career
has taken form does not come as any surprise. It is said that Books are
a mans best friend, perhaps, they are the best teachers also. At
the age of six, his father gifted him with a ZX Spectrum computer. By the time
he was all of eight, Mittersain, inspired by the heap of books around him, and
awed by the functions of technology, programmed his own small game. He was thereafter
regularly involved in programming and coding, and by the time he reached his
teens, he was at ease starting a Bulletin Board Network, almost like a mini-Internet.
Pursuing a commerce degree meant ample time for extra-curricular activities,
and he made every use of the time and opportunity that lay before him. As much
as technology intrigued and involved him, the textile business bored him. Thus,
was born Nazara.com, a result of the business genes he inherited and a passion
for technology he nurtured.
The game begins
Nazara was an online gaming website equipped with localized content that was
aimed at the Indian user market. Though it was a successful business model,
it could not survive the dotcom collapse phase largely because advertisers were
unwilling to advertise on the Internet. Mittersain felt that they were very
early entrants in the online gaming zone market. After gauging the situation
for two to three years, they decided to capture the mobile market which was
still in its nascent stages.
He said, Since we had expertise in gaming and the mobile space was coming
up, we moved from the Internet to the mobile phone. The business has been very
successful in the last four years, and we have established ourselves as a brand.
This is a good period for growth since the 200 million mobile user market is
expanding and people are no longer reluctant to pay money for the content they
download.
A roller-coaster ride
Thus, Nazara.com was transformed into Nazara Technologies. In 2005, they were
a small self-funded company. Today, in a span of just about three years, they
claim to be among the top three players in this field. Their work was highly
appreciated and sought after and they obtained a funding of approximately Rs
8-9 crore from Sequoia Capital. Nazara is an independent venture now; its business
growing well, so is its relationship with mobile carriers. For Mittersain and
everyone associated with the company, it has been a roller-coaster ride and
he felt that he finally got out of the woods after having scraped
through the initial stages. Besides Archie comics, they now have business deals
with and specialized zones of top-notch cricket players like Sachin Tendulkar,
MS Dhoni, Virendra Sehwag and the Australian fast pacer Brett Lee.
Mittersain, with no prior work experience, pursued his passion. Though his father
provided him with the initial investment, it was made clear that Mittersain
would make Nazara Technologies a profitable enterprise and not burn money.
In the course of seven years, he learned to grab the ropes of the tradedealing
with employees, customers and investors, and accepting failures and striving
for success. His belief in himself and in what he was doing, and invariable
perseverance, has taken him through all odds. He has learnt a bit and has to
discover a lot. He is part of a jazz band and plays instruments like saxophone,
piano, etc., at least twice in a month in places like Not Just Jazz By The Bay
and the Bombay Gymkhana. An age-old axiom says, All work and no play makes
Jack a dull boy, but what more can one ask for if ones work itself
involves games.
renuka.vembu@expressindia.com
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