KRAFTON announced on the 19th that it will establish an Asia fund of up to KRW 1 trillion together with Naver and Mirae Asset Group. The fund, named the “KRAFTON–Naver–Mirae Asset Unicorn Growth Fund,” will invest in major technology companies in Asia, including Korea and India.

India is regarded as a country with the world’s fastest-growing technology industry and startup ecosystem. Innovative companies in various sectors such as artificial intelligence (AI), fintech, content, and logistics are growing rapidly, making the country a promising investment destination in the global market.

KRAFTON, which has built a solid position in the local market with the success of “Battlegrounds Mobile India,” has decided to expand its investment scope based on its experience in the Indian market. By partnering with Naver, which has expertise in platforms, content, and AI, and Mirae Asset, which has a nationwide network in India and strong capital management capabilities, the company plans to strengthen preemptive investments in promising Indian technology companies.

The fund is being prepared with the goal of establishment in January next year. KRAFTON will contribute KRW 200 billion in initial capital, and together with investments from the three companies and external investors, plans to start operations with a fund size of more than KRW 500 billion.

Son Hyun-il, Head of KRAFTON’s Indian subsidiary, emphasized, “We will seek investment opportunities in various sectors such as consumer goods, sports, media, and healthcare, and establish ourselves as a trusted brand among the Indian government and people.”

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