Reliance Games CEO Manish Agarwal has quit the company, reports NDTV. The report further mentions that Agarwal is likely to join Nazara Technologies, which was apparently acknowledged by sources at Nazara.
Agarwal had joined Reliance Entertainment as its chief operating officer (COO) in 2011, where he was responsible for all its digital businesses, including Zapak, BigFlix, BigAdda and Jump Games, and was brought in particularly keeping in mind an expected growth in the company’s digital business with broadband and 3G. He was subsequently promoted as the CEO of the company about a year later.
Prior to Reliance, Agarwal was the CEO of New Media Venture at UTV which he joined in 2009. Before that, Agarwal worked as VP, Marketing at Rediff for two years before moving to MSN, where he was employed for a little over a year. He also worked as the project manager at Reliance Power and was also a senior programmer at Infosys.
Interestingly, Reliance Games recently held Pocket Gamer Connects, where apparently none of the winners of the event’s Very Big Indie Pitch chose to publish with Reliance Games. There are however, still a couple of Gamer Connects upcoming this year. Reportedly, Reliance is also facing issues with monetising games in India.
Note that in October last year, Reliance Games said it would soon start incubating and investing in startups in the gaming sector. The company had said then that it was evaluating games from a few developers, and would finalize the plans for the incubator by February 2015. However that date has come and gone with no details of the incubator out.
Reliance Games currently publishes games like Ultimate Robot Fighting and Pacific Rim, and claims to witness 1.5 lakh downloads for its games over mobile every day in the country. It also claims to have over a million active daily users worldwide. It offers over 20 mobile games across various genres, on Google Play and the Apple App store that have been downloaded over 50 million times with an average 4 star rating.