As the digital landscape continues to evolve, the world of gaming and technology has become a thriving hub of innovation and creativity. In a groundbreaking move, KRAFTON, Inc., a prominent South Korean gaming company and the maker of the renowned BGMI (BATTLEGROUNDS MOBILE INDIA), has set its sights on India’s burgeoning gaming and startup ecosystem. With a commitment to invest a staggering $150 million over the next two to three years, KRAFTON is poised to catalyze holistic growth in the Indian gaming and tech landscape.
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Fueling Innovation Through Strategic Investments
Since its first foray into the Indian startup scene in March 2021, KRAFTON has emerged as a key player in fostering innovation and growth. The company has injected approximately $140 million into 11 innovative startups, solidifying its position as one of India’s most active strategic investors. Its investment philosophy goes beyond financial contributions; it emphasizes delivering strategic value by leveraging its expertise and experiences within the gaming and associated segments.
Diverse Investment Areas for Holistic Growth
KRAFTON’s investment focus extends beyond traditional game development studios. The company’s investments span a wide spectrum of complementary sectors, including Esports, multimedia entertainment, content creation, and audio platforms. Recently, Its has broadened its horizons to encompass the creator economy and deep tech, reflecting its commitment to supporting startups in emerging segments. With this ambitious investment, KRAFTON aims to nurture local talents, stimulate innovation, and propel India to the forefront of the global gaming industry.
Unveiling India’s Potential: A Vision for the Future
Sean Hyunil Sohn, CEO of KRAFTON India, envisions a future where India stands as a pivotal force in the global gaming and technology realm. His resounding words, “We firmly believe in India’s potential as a key player in the global gaming and technology industry,” echo the company’s unwavering commitment. Beyond gaming and tech, KRAFTON’s ambition encompasses shaping a broader content landscape. By injecting an additional $150 million into the Indian ecosystem, the company is determined to unleash India’s complete potential as a worldwide gaming powerhouse. This unwavering faith in Indian IPs and content to wield a significant global influence reaffirms KRAFTON’s steadfast dedication to catalyzing transformative growth.
Strategic Investments: Empowering Innovation
Nihansh Bhat, Corporate Development & Venture Investing Lead – India & MENA at KRAFTON, Inc., sheds light on the company’s strategic investment philosophy that serves as a catalyst for innovation. He underscores the precision in their investment choices, meticulously aligning with KRAFTON’s areas of expertise to empower startups and catalyze the growth of groundbreaking ideas. Having already invested over $140 million in diverse startups since 2021, KRAFTON’s steadfast momentum in supporting and nurturing emerging ventures remains resolute. With an ambitious vision, the company strives to build a dynamic and evolving portfolio spanning various sectors in India, thus fortifying the thriving startup ecosystem.
Gaming Beyond Boundaries Of KRAFTON
KRAFTON’s influence extends far beyond financial investments. Recognized for its flagship creation, BATTLEGROUNDS MOBILE INDIA, the company has introduced captivating game titles like The Callisto Protocol, Road To Valor: Empires, and Defense Derby. These offerings not only enrich the Indian gaming landscape but also contribute to the entertainment experiences of the larger community. The strategic investments in India are set to redefine the gaming industry, opening new horizons and enhancing the gaming experience for players across the nation.
In a world driven by technology and innovation, Their commitment to India’s gaming and tech ecosystem underscores its dedication to nurturing creativity, fostering growth, and unlocking the country’s immense potential. As the company’s investments continue to shape the landscape, India’s role as a global gaming and tech powerhouse is poised to shine brighter than ever.
