Krafton chairman meets India's Modi, pledges expanded investment

Krafton Chairman Chang Byung-gyu met with Indian Prime Minister Narendra Modi to discuss the growth of India's gaming, technology and digital entertainment ecosystem and long-term cooperation between the two sides.

Krafton said Monday that Chang met with Modi in New Delhi on Friday (local time). The two sides reaffirmed Krafton's commitment to long-term local partnership amid the rapid growth of India's gaming, technology and digital entertainment ecosystem.

The meeting covered ways to expand cooperation between the two countries and support the growth of India's gaming and emerging technology sectors. Discussions focused particularly on how to help games and digital content produced in India reach global markets.

Krafton said the initiative aligns with the Indian government's "Viksit Bharat" (Developed India) vision and its policy direction of "Create in India, Create for India, Create for the World."

Krafton plans to continue investing in Indian game intellectual property, startups and the local gaming ecosystem while expanding into emerging technology areas such as AI, robotics and deep tech.

To further expand its India investment, Krafton has established the $670 million Unicorn Growth Fund together with Naver and Mirae Asset. The company plans to use the fund to invest intensively in Indian game IP, startup growth and the local gaming ecosystem.

Krafton also plans to broaden its investment scope into emerging technology areas including AI, robotics and deep tech.

"India is a key market with exceptional talent across gaming, technology and innovation," Chang said. "Krafton's continued investment reflects our long-term confidence in India and our commitment to contributing to its digital economy."

"Through investment, talent development programs and a focus on emerging technologies, we will work alongside India's creators, developers and entrepreneurs to build experiences and technologies that resonate worldwide," he added.

Krafton is also investing in local talent development. The company has launched the KIGI Academy, an industry-academia collaboration program aimed at building future capabilities in game development and digital content creation.

Krafton has also acquired Nautilus Mobile, the studio behind the popular Real Cricket series, to strengthen its business foundation in India. Through the acquisition, the company aims to nurture Indian game talent and locally developed IP.

Krafton plans to continue investing in global games and emerging technologies while expanding its talent development and startup ecosystem support activities, contributing to the growth of India's gaming and technology industry.