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Nazara Founder Nitish Mittersain Steps Down as MD, Mithun Sacheti Named Executive Director
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Moneycontrol•12-10-2026, 19:25
Nazara Founder Nitish Mittersain Steps Down as MD, Mithun Sacheti Named Executive Director
- •Nitish Mittersain, who founded Nazara Technologies in 1999, is stepping down as managing director and will be re-designated as founder and non-executive director.
- •CaratLane co-founder Mithun Sacheti will take over as executive director, overseeing strategic initiatives and operational responsibilities.
- •Mittersain will continue to provide strategic guidance and leverage his industry experience to support the company's long-term growth.
- •CFO Rakesh Shah is leaving the company, with Arun Agrawal appointed as the new CFO from Ness Digital Engineering.
- •Whole-time director Rohit Sharma will also leave the firm on January 11, 2027, to pursue entrepreneurial opportunities.
Key Questions Answered
CaratLane co-founder Mithun Sacheti, who became a co-promoter of Nazara Technologies last year, is taking over as executive director to oversee strategic and operational responsibilities.
Nitish Mittersain is stepping down as managing director and will be re-designated as founder and non-executive director to provide ongoing strategic guidance.
Arun Agrawal has been appointed as the new CFO of Nazara, succeeding Rakesh Shah who is leaving to pursue another professional opportunity.
