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Games & Commerce

Naver, Krafton, Mirae Asset launch large technology investment push in India

Naver said it held a briefing in New Delhi with Krafton and Mirae Asset on establishing the Unicorn Growth Fund, sized at up to 1 trillion won. The event was arranged to introduce the fund to local companies and venture capital firms during President Lee Jae-myung’s visit to India. The fund began operations at more than 500 billion won after Krafton contributed 200 billion won, and it aims to expand further.

AI & Enterprise

Naver joins hands with India\'s TCS to target 1.4 billion market with AI and cloud

Naver said on April 20 it signed a memorandum of understanding with Tata Consultancy Services, the IT arm of India’s Tata Group. The signing took place in New Delhi as part of the Korea-India Business Forum, attended by officials including Naver CEO Choi Soo-yeon and TCS CEO Ujjwal Mathur. The two companies plan to combine capabilities in AI, cloud and B2C services to explore AX and DX business opportunities in India.