Archive · 19 Dec 2025
Krafton Launches $666M India Tech Fund
Krafton, a big gaming company, is teaming up with two other South Korean companies, Naver and Mirae Asset, to create a huge ₹6,000 crore ($666 million) fund.
This fund will invest in new tech companies in India.
Krafton is famous for a game called Battlegrounds Mobile India (BGMI), which has been downloaded over 240 million times.
The fund will start with ₹3,000 crore ($333 million) and grow to its full size.
Krafton has already invested over $200 million in India.
This is a big step for South Korea to invest more in India, as they want to expand beyond China.
The fund will be managed by Mirae Asset Venture India and will start working in January 2026.
The fund will focus on sectors like AI, fintech, and gaming, but it will also be flexible to invest in new areas as technology changes.
Krafton, Naver, and Mirae Asset are launching a ₹6,000 crore ($666 million) investment fund for tech startups in India.
The fund, titled the KRAFTON-NAVER-MIRAEASSET Unicorn Growth Investment Fund, will start operations in January 2026 with an initial pool of ₹3,000 crore ($333 million).
Krafton has already invested over $200 million in India, including in its gaming sector, and will contribute ₹1,230 crore ($166 million) to the new fund.
The fund will focus on sectors such as AI, fintech, digital content, logistics, and other innovation-led domains, with a flexible approach to potentially expand into new areas.
The fund marks the first major joint venture between the three South Korean companies in India, aiming to discover sustainable businesses and create social and economic value.
- Who
- Krafton, Naver, Mirae Asset
- What
- Launch of a ₹6,000 crore ($666 million) investment fund for tech startups in India
- When
- Fund to begin operations in January 2026
- Where
- India (with potential expansion to other Asian markets)
- Why
- To diversify beyond gaming and invest in a wider pool of tech startups, primarily in India, and to explore new sectors such as consumer goods, sports, media, and healthcare
Investment Focus
Sector Flexibility
Primary Market
Investment Focus
The fund will primarily focus on India as its core market for investments.
Sector Flexibility
The fund will maintain flexibility to invest in other Asian markets as opportunities arise.
Sector Focus
Investment Focus
The fund will target technology companies, particularly those in gaming, AI, and fintech.
Sector Flexibility
The fund will remain flexible in its sector focus, potentially expanding into new areas as technology adoption evolves.
- Fund Size
- ₹6,000 crore ($666 million)
- Investors
- Krafton, Naver, Mirae Asset
- Target Region
- India (with potential expansion to other Asian markets)
- Fund Manager
- Mirae Asset Venture India
- Initial Pool
- ₹3,000 crore ($333 million)
- Start Date
- January 2026
- Krafton's Initial Investment
- ₹1,230 crore ($166 million)
- Krafton's India Investment
- Over $200 million
- Naver's Investment
- ₹1,230 crore ($166 million)
- Target Companies
- Soon-to-be unicorns in AI, fintech, digital content, logistics, and other innovation-led domains
Sources
PUBG maker Krafton leads South Korean trio in $666 million India tech bet
BGMI Parent Krafton Announces Over ₹6,000 Crores in India in Partnership With Naver, Mirae Asset
KRAFTON to establish India-focused fund of up to ₹6,000 cr with NAVER and Mirae Asset
