Krafton, the South Korean gaming giant known for Battlegrounds Mobile India, is stepping up its support for Indian startups. They’ve teamed up with Naver and Mirae Asset to create a massive investment fund aimed at nurturing high-growth companies in India. This fund targets around ₹6,000 crore (about $720 million) to help tech-driven startups flourish.
The Krafton-Naver-Mirae Asset Unicorn Growth Investment Fund is set to launch in January 2026. Managed by Mirae Asset Venture India, this fund will focus on established startups ready to expand. It emphasizes sectors like artificial intelligence, fintech, digital content, gaming, and other emerging technologies.
India’s startup scene is booming, driven by a large digital user base and supportive policies. The fund will be crucial in providing long-term capital to companies looking for sustainable growth, not just quick profits.
Krafton has been increasing its investments in India, pouring over $200 million into various startups since 2021. Their portfolio includes companies across gaming and fintech, such as Cashfree Payments and Nodwin Gaming. This initiative indicates a shift from individual investments to a more comprehensive strategy to build a robust ecosystem.
The partnership with Naver, known for its digital expertise, and Mirae Asset, with its experience in managing sizeable funds, aims to blend capital with strategic support. They believe this fund could play a vital role in shaping India’s technology future.
With this ₹6,000 crore initiative, Krafton, Naver, and Mirae Asset are signaling strong confidence in India’s potential to produce competitive tech companies on the world stage.
For context, the global tech investments in India are rapidly increasing. A report from NASSCOM highlights that India is home to around 50 unicorns valued at over $1 billion each. This fund adds to the momentum, showcasing India as a powerhouse for innovation.
As the digital landscape evolves, such initiatives are crucial. They show that international investors are betting on India’s future, fueling a vibrant ecosystem where startups can thrive.
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