iWorld
Modi convinces Silicon Valley about Digital India, lauds Facebook & Google
NEW DELHI: As he entered the extensive office of Facebook in California, he was greeted with the song ‘Chak de India’ and when he left, Prime Narendra Modi left a huge impression about India’s seriousness ongoing digital.
The euphoria was the same when he visited Google, or addressed a meeting of persons from LinkedIn or start-ups.
In various speeches during his visit, Modi said Facebook, Twitter and Instagram were the new neighbourhood.
“If Facebook were a country, it would be the third most populous one and the most connected,” he said.
Similarly, he said Google “has made teachers less awe-inspiring and grandparents more idle. Twitter has turned everyone into a reporter. The traffic lights that need to work the best are on CISCO routers.”
The status that now matters, he said, “is not whether you are awake or asleep but whether you are online or offline. The most fundamental debate for our youth is the choice between Android, iOS or Windows.”
From computing to communication, entertainment to education, from printing documents to printing products, and, now to Internet of Things, it’s been a long journey in a short time.
Referring to digital networks, he said, “We have attacked poverty by using the power of networks and mobile phones to launch a new era of empowerment and inclusion: 180 million new bank accounts in a few months; direct transfer of benefits to the poor; funds for the unbanked; insurance within the reach of the poorest; and, pension for the sunset years for all.”
By using Space technology and internet, the country had been able to identify in the last few months 170 applications that will make governance better and development faster.
“The pace at which people are taking to digital technology defies our stereotypes of age, education, language and income,” he added.
“Customers, more than creators, are defining the use of a product. The world may be driven by the same ancient impulses. We will continue to see human struggles and successes. We will witness human glory and tragedies,” Modi said.
He added that in this digital age, there was an opportunity to transform lives of people in ways that was hard to imagine just a couple of decades ago.
“Today, technology is advancing citizen empowerment and democracy that once drew their strength from Constitutions. Technology is forcing governments to deal with massive volume of data and generate responses, not in 24 hours but in 24 minutes. When you think of the exponential speed and scale of expansion of social media or a service, you have to believe that it is equally possible to rapidly transform the lives of those who have long stood on the margins of hope. So out of this conviction was born the vision of Digital India,” he said.
“It is an enterprise for India’s transformation on a scale that is, perhaps, unmatched in human history. Not just to touch the lives of the weakest, farthest and the poorest citizen of India, but change the way our nation will live and work,” he said. “We will transform governance, making it more transparent, accountable, accessible and participative. I spoke of E-Governance as a foundation of better governance – efficient, economical and effective.”
After MyGov.in, Modi said he had just launched the Narendra Modi Mobile App.
Information, education, skills, healthcare, livelihood, financial inclusion, small and village enterprises, opportunities for women, conservation of natural resources, distributed clean energy – entirely new possibilities have emerged to change the development model.
“We want our 1.25 billion citizens to be digitally connected. We already have broadband usage across India go up by 63 per cent last year. We need to accelerate this further,” he further said.
An aggressive expansion of the National Optical Fibre Network had been launched that will take broadband to our 600,000 villages. “We are expanding our public Wi-Fi hotspots. For example, we want to ensure that free Wi-Fi is not only there in airport lounges, but also on our railway platforms. Teaming up with Google, we will cover 500 railway stations in a short time. We are also setting up Common Service Centres in villages and towns. We will also use information technology to build smart cities,” Modi informed.
“We are also setting up an Electronics Development Fund to support design, development and launch of new products,” he added.
Indians account for 15 per cent of startups in the United States. “Hundreds of thousands of Indian professionals here and in India are contributing to the global success of US enterprises. Many are leading them today. This is the possibility of the digital bridge – to connect distant lives and change fortunes and future,” he said.
Modi said he was delighted that Qualcomm announced a fund of $150 million for startups in India.
Gaming
MTG gaming chief Benninghoff joins NODWIN board as esports firm primes for IPO
The Gurugram-based esports firm is pursuing a public listing, has returned to profitability and is growing revenues by 42 per cent
GURUGRAM: NODWIN Gaming is moving fast. The Gurugram-based gaming and esports company has launched a pre-IPO fundraising round, appointed UBS as lead adviser for both the round and a subsequent public listing, and landed a heavyweight board director, all in one go.
The new board member is Arnd Benninghoff, executive vice president of gaming at Stockholm-listed Modern Times Group (MTG), who has overseen the group’s strategic investments and portfolio growth since 2014. He is no stranger to building things: Benninghoff has founded and built fifteen companies, served as chief digital officer at ProSiebenSat.1 Media AG, managing director of SevenVentures, and chief executive of Holtzbrinck eLAB. He began his career as a journalist at Deutsche Presse Agentur and various TV networks, holds a Diplom-Kaufmann in business and administration from the University of Münster, and previously sat on the board of Edgeware AB.
The numbers back the ambition
NODWIN is not pitching a story without substance. The company has returned to EBITDA profitability and posted a 42 per cent year-on-year revenue surge, reaching $58.5m in the first nine months of FY2026. The pre-IPO round will combine a primary issuance to fund global expansion through organic growth and acquisitions, alongside a secondary sale to give existing shareholders some liquidity.
Akshat Rathee, co-founder and managing director of NODWIN Gaming, said Benninghoff understands “the entire lifecycle of the gaming and media ecosystem, from the boots-on-the-ground reality of building startups to the strategic complexity of managing multi-billion dollar global portfolios.”
Benninghoff, for his part, said the company “sits at the intersection of sports, entertainment, and technology, making it one of the most exciting players in the global gaming landscape today.”
A portfolio built for the global south
Founded in 2014 by Rathee and Gautam Virk, NODWIN has quietly assembled one of the more compelling esports portfolios outside the Western hemisphere. Its properties include DreamHack India and Comic Con India, and it recently acquired StarLadder, the Ukraine-based tournament organiser behind premier events in CS:GO and Dota 2. The company also serves as a long-term strategic marketing partner for the Evolution Championship Series (EVO), the world’s most prominent fighting game tournament, helping push it into new geographies.
Its geographic focus spans South Asia, Central Asia, Southeast Asia, the Middle East and Africa. Backers include Nazara Technologies, KRAFTON, Sony Group Corporation, JetSynthesys, and the founders’ investment vehicle Good Game Investments.
What comes next
With UBS running the books, a board freshly reinforced with European media and gaming expertise, and revenue heading in the right direction, NODWIN is laying the groundwork deliberately. The esports industry has burned investors before with big promises and thin margins. NODWIN’s return to profitability, combined with a real portfolio of owned intellectual properties across gaming, music and youth culture, gives it a more credible runway than most. The IPO clock is now ticking.
