Krafton, alongside Naver and Mirae Asset, is launching a $666 million “Unicorn Growth Fund” focused primarily on Indian technology startups, marking one of the most coordinated South Korean investment pushes into India to date.
Key takeaways:
- 🇰🇷 First major joint India-focused fund by South Korean tech & financial leaders
- 🇮🇳 India positioned as the core growth market, beyond gaming
- 💰 Initial deployment ~$333M, scaling to $666M from 2026
- 🧠 Managed by Mirae Asset Venture India
This move reflects a broader strategic shift:
- South Korea is diversifying capital and supply-chain exposure away from China
- India is emerging as a long-term consumer + innovation hub
- Global investors are backing India’s startup depth beyond fintech, into gaming, content, platforms, and deep tech
Krafton’s journey in India — from PUBG to BGMI, navigating regulation while building a 240M+ user base — shows how operating risk is now being paired with long-term capital conviction.
This is not just a gaming story.
It’s a geopolitical, capital-allocation, and growth-market story.