Nazara is not a very capital hungry business; we are able to self-finance growth: MD

Risk capital available for tech start-ups in India has grown dramatically and for the right ideas, the right themes and the right execution, there is no dearth of capital whatsoever, says Nitish Mittersain, Founder & MD, Nazara Technologies.

It was a strong performance by Nazara Tech in the quarter gone by. Could you tell us what has driven the strong revenues as well as profits for your company?
We have put in a lot of efforts in the previous year which are coming to fruition for us. We have always said that we are very focussed on positive LTV-CAC equations. We do not burn money. That is being seen in our results and we are very optimistic that the rest of the year will be very good for us.