iWorld
Eight months into launch, Zee5 Global surges forward in the US
Mumbai: Eight months into launch, Zee5 Global has bolstered its presence in the US market, with a record rise in subscription revenue and engagement among the South Asian populace, the platform announced on Monday.
The streaming platform revealed the US is now the second-largest market for Zee5 after India and the largest contributor to the platform’s international subscription revenue and viewership. It has recorded a growth of 15 per cent month on month in its viewers and subscriptions on the back of a wide array of original shows catering to the South Asian communities. The US now drives over 40 per cent of its international subscriptions, it said in a statement.
While Hindi continues to be the driver, the platform has seen double-digit growth in other language content, including Bengali, Telugu, Punjabi, and Tamil across states. Telugu content for instance has seen strong traction, especially in Colorado, North Carolina, Missouri, and Texas. Bengali content on the other hand has done well in Kansas, Louisiana, Connecticut, and New York.
“I am very glad to see the strong response to Zee5 in the US, especially within such a short span of time,” said Zee Entertainment’s president digital businesses and platforms Amit Goenka. “The US is a high priority market for us and material to our International Strategy, and this early momentum inspires much confidence as we plan for the days ahead.”
Zee5 Global chief business officer Archana Anand said, “As the only standalone destination for South Asian content in the US, Zee5 Global has grown at an exponential rate in the last eight months and surpassed every milestone. By bringing in the biggest stories and stars from the region as well as ensuring new content every minute and as it releases in India, we will continue to delight our viewers here with the very latest content from back home in the language of their choice.”
The OTT platform is currently catering to key South Asian language-speaking communities, including those from Pakistan and Bangladesh with over 170,000 hours of content. It launched as many as 51 new Originals across languages in 2021 and plans to double its original content releases this year.
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.
