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In 50 Words: Krafton to invest $150m in Indian gaming, entertainment startups
South Korea-based gaming major Krafton plans to invest US$150 million in India over the next two to three years, supporting gaming and entertainment startups.
This commitment follows the granting of a trial for its battle royale game, Battlegrounds Mobile India. The investment also doubles down on its previous deals in the country, which totaled US$140 million over the last three years.
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