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Funding · Consumer Internet & Media

Krafton plans $250M more for Indian startups

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Date
Company
Krafton
What it does
South Korean video game company
Kind
Funding
Amount
₹3,300 Cr
Sector
Consumer Internet & Media

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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