KRAFTON Partners for Landmark India Tech Fund

KRAFTON Inc, NAVER, and Mirae Asset are launching a new India-focused fund with an initial corpus of Rs 3,000 crore, projected to grow to Rs 6,000 crore. The fund will primarily invest in the technology and startup ecosystem, targeting sectors such as AI, fintech, and digital entertainment.

South Korean gaming powerhouse KRAFTON Inc announced its collaboration with NAVER and Mirae Asset to initiate a substantial India-targeted fund. The fund, boasting a future corpus of up to Rs 6,000 crore, aims to bolster India's burgeoning technology and startup sector.

The Unicorn Growth Fund plans to focus on preeminent tech organizations across Asia, prioritizing India's market dynamics. KRAFTON has previously infused over USD 200 million into India's digital arena and views this fund as a strategic expansion to fortify its already significant presence.

Scheduled for initiation in January 2026, the fund will start with a Rs 1,230 crore contribution from KRAFTON, supplemented by NAVER, Mirae Asset, and other investors, with an initial size exceeding Rs 3,000 crore. Beyond gaming, the fund will explore investments in AI, fintech, content, logistics, and innovation-driven sectors, aspiring to discover sustainable, high-value businesses in India.

(With inputs from agencies.)