Gaming
Dave & Buster’s opens 22,000 sq ft dining and gaming hub in Mumbai
MUMBAI: Mumbai, get ready to eat, drink, play, and win all in one go. Dave & Buster’s, the iconic American dining-and-gaming powerhouse, has made its grand Mumbai debut at Infiniti Mall, Andheri West, in partnership with Malpani Group. After a hit first innings in Bangalore, the brand is now levelling up the city’s entertainment game with its trademark “Eat. Drink. Play. Watch.” promise.
Sprawling over a mammoth 22,000 sq. ft., this is Mumbai’s biggest entertainment hub yet packing more than 60 arcade games, Nitro Bowling, Hi-Tech Darts, and a food-and-drink line-up that swings from indulgent bites to Instagram-worthy cocktails. The vibe is part carnival, part sports bar, part social lounge shifting gears from laid-back afternoons to high-energy nights.
“Bringing Dave & Buster’s to Mumbai is not just a launch, it’s the next chapter in redefining how Indians experience entertainment,” said Malpani Group director Shreya Malpani. The group, which holds the exclusive India franchise, is no stranger to big-ticket leisure, it also helms Imagicaaworld Entertainment Ltd.
Designed as more than just a venue, Dave & Buster’s Mumbai aims to be the go-to for everything from post-work de-stressing and weekend gaming marathons to corporate outings and family dinners that end with a fistful of prize tickets. With curated zones, evolving music, and tech-driven fun, it’s pitched to blend global standards with local flavour and keep Mumbai playing long after the first game ends.
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.
