India, Jan. 18 -- Gaming company Nazara Technologies has filed its draft red herring prospectus (DRHP) relating to its initial public offering (IPO) with market regulator Securities and Exchange Board of India (SEBI) last week (January 15).

The Mumbai-based company is looking to become the first Indian gaming technology company to list publicly and its success could encourage a spate of Indian startups looking to launch their IPOs in the next couple of years. Nazara had earlier filed a prospectus with SEBI in January 2018, but later withdrew its IPO filings and rejigged its plans.

The likes of Flipkart, Paytm, OYO, Ola, PolicyBazaar, BigBasket and others have been talking about going public in a couple of years with hardly any concrete ...