iWorld
Witzeal strengthens senior leadership with two key appointments
Mumbai: Witzeal Technologies, a new-age gaming technology company that specialises in creating futuristic games and features in the real money gaming (RMG) segment has strengthened its senior leadership and appointed Peush Bery as head of product development strategy and Yogvinder Singh as head of technology.
“We are excited to have someone of Peush’s and Yogvinder’s calibre joining us. Their handful experience in managing and leading for multiple business lines spreading across the range of products will help fortify our team and services,” stated Witzeal CEO and founder Ankur Singh. “Witzeal’s flagship product Big Cash is at the sunrise phase and we see this as a great opportunity to provide exceptional gaming experience and build a promising user base in the industry.”
Bery is proficient in identifying new revenue, enhancement initiatives, designing customer experience journey and an expert in agile scrum methodology of product management. His expertise will help Witzeal to cater a wider ecosystem, said the company.
At Witzeal, Bery will be responsible for strategising and defining the product vision. He will also be leading the operations for execution of products, gathering and prioritising product and customer requirements. “Given the ever-evolving online gaming industry, it becomes paramount to constantly upgrade with the ongoing trends and developments and I am elated to join hands with a fast growing and envisioned new-age gaming technology company like Witzeal,” said Bery on his new role. “At the time when imaginative use of technology and data can do wonders in this sun-rise industry, I intend to leverage my experience by leading the product team ensuring a promising growth to Big Cash and to its players,” he added.
On the other hand, Singh is a seasoned professional with over 16 years of experience in running highly scalable platforms/products.
In this new role at Witzeal, Singh endeavors to build a world class engineering team and augment the gaming platform thereby designing distinct gaming experiences for the gamers. He believes in building leaner and more efficient teams that can yield fine software at a faster pace, said the statement.
“I am ecstatic to become a part of Witzeal, who has always remained at the forefront of innovation in the online gaming eco-system. I look forward to the opportunity to drive customer engagement and contribute meaningfully to this dynamic company,” said Singh. “Today, a customer centric approach to provide personalised gaming experience is the key and therefore, I am determined to facilitate best-in-class games, features and experience.”
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.
