Nikhil Kamath’s WTFund, in collaboration with Nazara Technologies, has made a ₹2 crore investment in two promising Indian gaming startups, Norian Games and Xigma Games. This move is a strategic push to advance India’s rapidly growing gaming industry while supporting innovative game creators.
A Boost for Indian Gaming
Bengaluru: India’s gaming ecosystem is heating up as Nikhil Kamath’s WTFund and Nazara Technologies jointly invest ₹2 crore in two rising Indian gaming startups, Norian Games and Xigma Games. The move is designed to strengthen the fast-growing Indian gaming market and empower game developers.
Enabling Indian Game Developers
The investment equips Norian Games and Xigma Games with the financial capabilities and strategic advice needed to grow further and produce high-quality games. Both startups already boast impressive achievements — Xigma Games has found success with titles like The Bonfire: Forsaken Lands and its sequel, The Bonfire 2: Uncharted Shores.
WTFund: Young Funds for Young Startups
This initiative comes from the same WTFund that Nikhil Kamath launched earlier this year. Its aim is to support entrepreneurs under the age of 25, fostering innovation and cultivating the next generation of Indian entrepreneurs through its non-dilutive, grant-based funding model.
Gaming in India on the Rise
The Indian gaming industry has experienced an explosive growth trajectory in recent years, driven by the widespread adoption of smartphones and affordable internet access. With a vast youth population and a growing interest in gaming, the country is poised to become a major global gaming power.
This investment from Nikhil Kamath’s WTFund and Nazara Technologies highlights the immense potential of India’s gaming space and reflects the increasing interest of investors and industry leaders in nurturing local talent.
