Rajan Navani, the Founder and CEO of digital entertainment and gaming company JetSynthesys, has stated that his company’s long-standing focus on esports, casual, and mid-core video gaming over real money gaming (RMG) was a strategic decision that is now paying off. His comments come in the wake of a clear government policy that has drawn a sharp distinction between the two gaming categories, benefiting companies that have aligned with the former.
From its inception, JetSynthesys deliberately chose to stay away from the high-stakes world of RMG. Navani believes this vision has been validated by the newly passed Promotion and Regulation of Online Gaming Act, which has effectively separated esports from wagering-led activities. He views this regulatory clarity not as a hurdle but as a “tailwind” for the industry, paving the way for massive growth and job creation in areas like game development, animation, and creative skills.
Navani highlights that while RMG may have captured significant investor attention, it is not considered part of the global interactive entertainment industry, which is valued at a staggering $200 billion. He emphasizes that with half a billion gamers, India already represents 17% of the world’s gaming population, and the new policy will accelerate growth by encouraging investments and creating infrastructure for esports and casual gaming.
JetSynthesys, which has a portfolio spanning gaming, digital entertainment, and esports, has already secured strategic investments to fuel its ambitious plan to grow 20 times in the next six years. Navani believes that by nurturing competitive players and building a creative economy across Tier-2 and Tier-3 cities, India can become a global leader in the gaming sector.
Key Highlights:
- Strategic Focus Validated: Rajan Navani, CEO of JetSynthesys, asserts that his company’s decision to focus on esports over real money gaming was the correct bet, a strategy now validated by new government regulations.
- Regulatory Tailwind: He sees the government’s clear policy distinguishing esports from wagering as a “tailwind” that will accelerate growth, create jobs, and attract long-term investment.
- Global Industry Alignment: Navani states that the new law aligns India’s gaming sector with the global interactive entertainment industry, which is worth $200 billion.
- Future Growth: The company aims to leverage India’s large gaming population to grow 20 times in the next six years, with a focus on building an ecosystem for esports athletes, creators, and developers.