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Krafton, Naver launch $645m India fund
South Korea’s Krafton, a game publisher, Naver, an internet company, and Mirae Asset Venture Investments, a unit of Mirae Asset Group, have launched a 60 billion rupees (US$645 million) India-focused Unicorn Growth Fund.
The companies first disclosed plans for the fund in December 2025.
The fund will target sectors including consumer internet, digital marketplaces, consumer brands, AI, software, and deep tech such as semiconductors, space, robotics, advanced materials, and frontier science.
🔗 Source: YourStory
🧠 Food for thought
Implications, context, and why it matters.
Krafton’s new fund builds on a rocky history in India
- Krafton has already put more than $200 million into India’s gaming, content, and fintech sectors 1.
- That long presence hit regulatory trouble when New Delhi banned Battlegrounds Mobile India (BGMI), Krafton’s Indian game, in 2022 1.
- The new fund reaches beyond gaming into consumer internet, digital marketplaces, and consumer brands. It also covers AI, software, and deep tech, which spreads risk in an important but unpredictable market 1.
The fund spreads risk in a market that can shift fast
- The move offers a path for global companies that rely on one product in markets where rules can change fast 1.
- The BGMI ban exposed the cost of staying narrowly focused in India 1.
- Krafton is treating many of these deals as financial investments. That gives the company a steadier base in India beyond its gaming business 1.
Recent Krafton developments
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