Krafton board chairman Jang Byung-gyu (장병규), left, and Indian Ambassador to South Korea Goranglal Das pose for a commemorative photo. [Photo: Krafton]

Krafton said on Jan. 26 that Indian Ambassador to South Korea Goranglal Das visited Krafton’s Seoul headquarters on Jan. 23 for talks, where they discussed technology cooperation in the Indian market and ways to expand investment.

The meeting was attended by Das, Deputy Ambassador Nishi Kant Singh, Krafton board chairman Jang Byung-gyu (장병규) and Krafton India and Emerging Markets business director Kim Nak-hyung (김낙형). The participants shared the current state of India’s technology industry and startup ecosystem in key technology areas including artificial intelligence, content and digital entertainment. They also exchanged views on ways private-sector cooperation and investment could contribute to Indian society and industry as a whole.

They discussed mid- to long-term investment directions for Indian technology companies and startups centered on the Krafton-Naver-Mirae Asset Unicorn Growth Fund, which Krafton is working to establish with Naver and Mirae Asset Group. The Unicorn Growth Fund is an Asia fund of up to 1.0 trillion won created by an alliance of leading South Korean companies in their respective fields, and the company expects investment in promising Indian technology companies to expand as Krafton joins.

Das said, "India is rapidly growing as a key hub of global technology innovation, and it is very meaningful that South Korean companies are expanding long-term cooperation and investment centered on the Indian market." He added, "I expect investment led by private companies, including Krafton, to play an important role in helping Indian technology companies and startups grow and advance into global markets."

Jang said, "For Krafton, India is not simply an overseas sales market but a strategic partner country where we have built trust and a foothold locally through 'Battlegrounds Mobile India'." He stressed that "the Unicorn Growth Fund is a starting point for expanding cooperation with promising Indian companies across diverse industries beyond games, based on this experience."

Krafton plans to continue investing in major technology companies centered on India through the Unicorn Growth Fund and to keep seeking opportunities for cooperation that connects technology and industry in the Indian market.

Keyword

#Krafton #India #Naver #Mirae Asset Group #Battlegrounds Mobile India
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