Funding · Consumer Internet & Media
Krafton plans $250M more for Indian startups
By Startup Enthusiast ·
- Date
- Company
- Krafton
- What it does
- South Korean video game company
- Kind
- Funding
- Amount
- ₹3,300 Cr
What they do
Krafton makes and publishes video games, including Battlegrounds Mobile India
What happened
It plans to invest an additional $250 million in Indian startups over 3-4 years
Why it matters
The new corpus will focus on AI, robotics, deeptech and homegrown game studios
The details
- Krafton chairman Byung Gyu Chang met Prime Minister Narendra Modi in New Delhi on 5 September 2026.
- Krafton plans an additional $250 million investment in Indian startups over the next 3-4 years.
- The total planned investment in India is $500 million.
- Krafton has already invested $250 million in India.
- Last year, Krafton, Mirae Asset Global Investments and NAVER launched a $670 million venture fund for Indian startups.
- The new corpus expands focus beyond gaming to AI, robotics, deeptech and homegrown game studios.
- Krafton acquired a controlling 75% stake in Pune-based gaming studio Nautilus Mobile last year.
- Krafton launched KIGI Academy, an industry-academia initiative for game development and digital creation skills.
The bigger picture
- India is a key market for Krafton due to high smartphone penetration and ease of digital payments enabling microtransactions.
- The ban on real-money gaming in India last year hurt the local ecosystem; many startups crumbled or pivoted.
- Indian AI startups raised $676 million in the first six months of 2026.
- India's AI economy is projected to become a $126 billion opportunity by 2030 per Inc42 data.
About the business
- Krafton's flagship product is Battlegrounds Mobile India (BGMI), formerly PUBG.
- BGMI has over 260 million downloads in India.
- Krafton's India portfolio includes NODWIN, Loco, Pratilipi.
- Krafton acquired a controlling 75% stake in Pune-based gaming studio Nautilus Mobile last year.
- Krafton launched KIGI Academy for game development and digital creation skills.
What happens next
- Krafton will invest the additional $250 million over the next 3-4 years.
- The new corpus expands focus beyond gaming to AI, robotics, deeptech and homegrown game studios.
The deal
- Type
- funding
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