KRAFTON, INC., a prominent South Korean gaming company known for creating popular games like BGMI (Battlegrounds Mobile India), has announced its plans to invest $150 million in India over the next two to three years. This investment is aimed at nurturing local talent, promoting innovation, and positioning India as a significant player in the global gaming industry.
KRAFTON’s approach to India is centered around fostering a thriving gaming and startup ecosystem. The company has been committed to this vision since its first investment in March 2021, during which it injected around $140 million into 11 innovative startups.
The company’s investment strategy extends beyond just financial contributions; it also seeks to provide strategic value by leveraging its expertise and experiences in the gaming and related industries. KRAFTON’s investments span various sectors including esports, multimedia entertainment, content creation, audio platforms, the creator economy, and deep tech. This diverse approach reflects the company’s dedication to supporting emerging segments and startups in India.
Sean Hyunil Sohn, CEO of KRAFTON India, expressed the company’s belief in India’s potential as a global gaming and technology industry player. He emphasized their commitment to fueling growth in India and to harnessing the power of Indian IPs and content to make a lasting global impact.
Nihansh Bhat, Corporate Development and Venture Investing Lead for India and MENA at KRAFTON, Inc., shared insights into the company’s investment strategy. He mentioned that KRAFTON carefully selects strategic investments that align with their expertise and aims to empower innovative ideas and startups to succeed. The company has already invested over $140 million in various startups since 2021 and intends to continue building a dynamic and evolving portfolio across different segments in India. Founded in 2007, KRAFTON comprises various studios and subsidiaries, each contributing to the creation of immersive gaming experiences. Beyond BGMI, the company has launched other gaming titles such as The Callisto Protocol, Road To Valor: Empires, and Defense Derby in the past year. With this substantial investment, KRAFTON’s aim is to further enhance India’s position in the global gaming landscape and drive innovation within the country’s gaming and startup ecosystem
