Krafton Launches Major Investment Fund to Fuel Tech Innovation in India

Gaming giant Krafton is spearheading a $666 million fund alongside Naver and Mirae Asset to support tech startups in India. This marks South Korea's deepening economic involvement in India, moving beyond gaming. The initial fund is set to start operations in 2026 with $333 million.

Gaming behemoth Krafton is set to lead a substantial $666 million investment fund in Asia, collaborating with South Korean firms Naver and Mirae Asset. The goal is to diversify beyond gaming into a broader spectrum of tech startups, with a key focus on India.

This strategic move highlights South Korea's growing economic influence in India, as foreign direct investment from South Korea hit approximately $6.8 billion by mid-2025. This initiative, called the 'Unicorn Growth Fund,' is the first significant joint venture by the three major South Korean companies in India.

The fund will be managed by Mirae Asset Venture India and is scheduled to commence operations in January 2026, starting with an initial pool of over $333 million. Krafton has already invested over $200 million in India, particularly in the gaming sector, which faces regulatory challenges.

(With inputs from agencies.)