People · Consumer Internet & Media
Absolute Sports CEO Ajay Pratap Singh steps down to start new venture
By Startup Enthusiast ·
- Date
- Company
- Absolute Sports
- What it does
- Sports media subsidiary of Nazara
- Kind
- People
What they do
Absolute Sports is a sports media brand owned by Nazara Technologies
What happened
CEO Ajay Pratap Singh leaves after over three years to pursue his own business
Why it matters
The company saw revenue drop 38.6% in FY26 due to lower web traffic from Google updates
The details
- Ajay Pratap Singh has stepped down as the CEO of Absolute Sports.
- His departure was announced via a LinkedIn post.
- Singh plans to pursue an entrepreneurial venture after leaving the role.
- He served as CEO for over three and a half years with the organization.
- A successor for Singh has not yet been announced by the company.
- Founder Porush Jain resigned as CEO in November 2022 before Singh took over.
- Singh joined the org in November 2019 as Head of Marketing at Sportskeeda.
- He was elevated to COO in 2020 before becoming CEO in November 2022.
The bigger picture
- Nazara is focusing on its core gaming business while monetizing non-core assets.
- Revenue declined significantly due to reduced web traffic from Google algorithm updates.
About the business
- Absolute Sports operates as a sports media subsidiary of Nazara Technologies.
- It manages the parent brand Sportskeeda and other digital media properties.
- Acquired brands include Pro Football Network, College Football Network, and Soap Central.
- Other acquired entities are Deltia’s Gaming, TJRWrestling, ITRWrestling, and Primetimer.
- Nazara acquired a majority stake in the entity in 2019 for ₹44 crore.
- Nazara achieved full ownership of the asset in March 2025.
- FY26 revenue stood at ₹147 crore compared to ₹239.6 crore in FY25.
- This represents a revenue decline of 38.6% year-over-year.
What happens next
- The company has not announced a successor for the CEO role yet.
- Nazara continues to focus on its core gaming business strategy.
Founders
- Porush Jain, Founder
- Ajay Pratap Singh, Former CEO
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