KRAFTON, Inc. announced that it held a meeting on January 23 with Gourangalal Das, Ambassador of India to the Republic of Korea, at its headquarters in Seoul to discuss technology collaboration and the expansion of investment in the Indian market.
Ambassador Gourangalal Das; Nishi Kant Singh, Deputy Chief of Mission at the Embassy of India in Korea; Byung-Gyu Chang, Chairman of the Board of Directors at KRAFTON; and Harns Kim, Director of HQ India & Emerging Office at KRAFTON, attended the meeting. During the meeting, participants shared perspectives on the current state of India’s technology industry and startup ecosystem across key areas including AI, content, and digital entertainment, and discussed how private-sector collaboration and investment could contribute to broader industrial and societal development in India.
KRAFTON Investment Strategy Through the Unicorn Growth Fund
The discussion also focused on the KRAFTON-NAVER-Mirae Asset Unicorn Growth Investment Fund (the “Unicorn Growth Fund”), which KRAFTON is pursuing in partnership with NAVER and Mirae Asset Group. The Unicorn Growth Fund is an Asia-focused fund with a planned size of up to KRW 1 trillion, jointly established by leading Korean companies across multiple sectors. With KRAFTON’s participation, the fund will support mid- to long-term investment in promising Indian technology companies and startups.
“India is rapidly emerging as a core hub for global technological innovation, and it is meaningful to see Korean companies expanding long-term collaboration and investment with a focus on the Indian market,” said Gourangalal Das, Ambassador of India to the Republic of Korea. “Private-sector-led investment, including initiatives by companies such as KRAFTON, is expected to play an important role in supporting the growth of Indian technology companies and startups as they expand into global markets.”
“India is not simply an overseas market for KRAFTON, but a strategic partner where we have built trust and a strong local presence through BATTLEGROUNDS MOBILE INDIA,” said Byung-Gyu Chang, Chairman of the Board of Directors at KRAFTON. “The Unicorn Growth Fund represents a starting point for expanding collaboration with promising Indian companies beyond gaming and across a broader range of industries, building on this experience.”
Also read: Inside BGMI 4.0: Interview with Karan Gaikwad, Lead of Product Team, KRAFTON India
KRAFTON plans to continue investing in leading technology companies with a focus on India through the Unicorn Growth Fund, while continuing to explore opportunities for collaboration that connect technology and industry in the Indian market.