KRAFTON, a prominent gaming company based in South Korea and known for creating BGMI, has declared its intention to allocate $150 million for investments in India within the upcoming two to three years. Demonstrating a prioritized focus on India, KRAFTON reiterates its dedication to nurturing comprehensive development within the nation’s gaming and startup landscape.
KRAFTON fuels India’s gaming and tech ambitions with $150 million investments
Since its initial investment in March 2021, KRAFTON has assumed a pivotal role in nurturing the Indian startup landscape. The company has injected around $140 million into 11 pioneering startups, solidifying its position as one of India’s most engaged strategic investors throughout this period. KRAFTON’s investment approach revolves around delivering more than just financial backing, aiming to provide strategic value by drawing on its expertise and insights in the sectors it engages with.
We are excited to foster the growth of startup ecosystem in India and are dedicated to having a transformative impact not only in the gaming and tech industry but also in the wider content landscape. We firmly believe in India’s potential as a key player in the global gaming and technology industry, and our commitment to invest an additional $150 million over the next two to three years reflects our dedication to fueling this growth. We believe in the power of Indian IPs and content in making a lasting global impact, and we are excited to achieve new milestones in our journey to unlock the country’s full potential as a global gaming powerhouse.
Sean Hyunil Sohn, CEO, KRAFTON India
Apart from investing in game development studios, KRAFTON’s financial interests encompass a wide array of interrelated domains including esports, multimedia entertainment, content creation, and audio platforms. In recent times, the company has broadened its scope to include the creator economy and advanced technology, proactively supporting startups operating in these emerging domains. Through these investments, KRAFTON’s goal is to nurture local talents, foster innovation, and propel India to the forefront of the global gaming industry.
KRAFTON brings new titles transforming India’s entertainment landscape
Incorporating captivating encounters via India’s cherished battle royale game, BGMI, KRAFTON has enriched the realm of gaming by introducing three additional enthralling titles in the preceding year. These encompass The Callisto Protocol, Road To Valor: Empires, and the most recent entry, Defense Derby.
The primary aim behind these offerings is to provide innovative sources of entertainment to the Indian community while simultaneously propelling advancements within the gaming sector on the whole. With forthcoming investments, KRAFTON is poised to reshape India’s gaming panorama, opening up new vistas and enhancing the gaming journey for players across the entire nation.
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