Krafton India Plans to Invest ₹6,000 Crore in 10 Startups by 2026
Krafton India eyes 10 deals in 2026 under its Rs 6,000-cr tech fund
The Times Of IndiaImage: The Times Of India
Krafton India aims to invest in approximately 10 startups by 2026, leveraging its ₹6,000-crore (roughly $720 million USD) Unicorn Growth Investment Fund. The fund will focus on growth-stage companies in sectors like e-commerce and fintech, with investments ranging from $15 million to $30 million each.
- 01Krafton India plans to invest in 10 startups by 2026.
- 02The investment will come from a ₹6,000-crore tech fund, with Krafton contributing 40%.
- 03Target sectors include e-commerce, fintech, and digital content.
- 04Average investment size will be between $15 million and $30 million.
- 05Krafton aims to diversify beyond gaming and expects to invest around $100 million annually.
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Krafton India, part of the South Korean gaming giant, is set to invest in about 10 startups by 2026 as part of its ₹6,000-crore (approximately $720 million USD) Unicorn Growth Investment Fund. This fund will focus on growth-stage startups in sectors such as e-commerce, fintech, and digital content, with individual investments ranging from $15 million to $30 million. Sean Sohn, CEO of Krafton India, stated that the company plans to invest around $100 million annually, both through the fund and independently, as part of its strategy to diversify beyond gaming. Krafton has already invested $250 million over the past five years in various initiatives, and while AI technology is seen as disruptive, Sohn emphasized the importance of building strong products and achieving commercial traction. Krafton India has achieved 270 million downloads in four years, with revenues growing at 15%–20% annually, largely driven by its popular game, BGMI. Despite broader skepticism in the Indian tech funding landscape, Krafton remains optimistic about long-term growth in the region.
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The investments will create opportunities for startups in India, potentially leading to job creation and innovation in the tech sector.
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