Key investments areas include gaming and associated segments
Focus on content-based platforms and deep tech
NEW DELHI: South Korean gaming company KRAFTON has announced its commitment to invest $150 million in India’s gaming and tech ecosystem over the next two to three years. The investment will focus on content-based platforms and deep tech, with a particular emphasis on gaming and associated segments. KRAFTON has already invested approximately $140 million in 11 innovative startups since March 2021, making it one of the most active strategic investors in India during this period. The company’s investment philosophy centers on delivering strategic value that transcends mere financial contributions, leveraging its expertise and experiences within the segments it invests in.
KRAFTON’s CEO, Sean Hyunil Sohn, said, “We are excited to foster the growth of the 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 investing an additional $150 million over the next two to three years reflects our dedication to fueling this growth.“
KRAFTON’s investment will aim to nurture local talent, foster innovation, and propel India into the forefront of the global gaming industry. The company has already launched three captivating game titles in the past year, including The Callisto Protocol, Road To Valor: Empires, and Defense Derby, aimed at delivering novel entertainment experiences to the Indian community while advancing the gaming industry as a whole. Through its upcoming investments, KRAFTON is set to redefine the gaming landscape in India, forging new horizons and elevating the gaming experience for players across the nation.
