New Delhi: South Korean gaming company Krafton, best known in India for Battlegrounds Mobile India, is leading a new 666 million dollar investment fund that will focus mainly on Indian technology startups, signalling renewed foreign confidence in India’s digital economy.
The fund is being set up along with South Korean internet giant Naver sm. and financial services group Mirae Asset. Together, the three companies plan to support fast growing technology firms in India and other parts of Asia, with a strong focus on companies that are close to becoming profitable or market leaders.
According to details shared by the investors, the new fund will begin operations in early 2026 with an initial corpus of around half the target amount. The remaining capital will be raised in stages. India is expected to be the largest beneficiary, given its expanding startup ecosystem and growing base of digital consumers.
Krafton has already emerged as one of the most active foreign gaming investors in India. Over the past few years, the company has invested more than 200 million dollars in Indian startups across gaming, content, and technology services. The company has also made India a key development hub, with teams working on new global titles from Bengaluru.
People familiar with the plans said Krafton intends to invest at least 50 million dollars every year in India over the next few years. The company is also exploring acquisitions and deeper partnerships with Indian firms as part of its long term growth strategy.
Industry experts say the move reflects a broader shift in South Korean investment flows towards India, at a time when regulatory uncertainty and slowing growth have made some other markets less attractive. India’s large youth population, rising smartphone usage, and improving policy clarity in the digital sector are seen as major advantages.
For Indian startups, the new fund could provide much needed growth capital at a time when global venture funding remains cautious. For Krafton and its partners, the bet underlines their belief that India will play a central role in the future of gaming, technology, and digital innovation in Asia.