Krafton’s influence in India goes beyond gaming, with over $170 million invested in various startups, tapping into the booming mobile gaming and internet sectors. Battlegrounds Mobile India (BGMI) boasts over 20 million monthly players, reflecting the country’s tech growth. Krafton adopts a long-term investment strategy, focusing on synergies with its media and entertainment assets, and recently entered the fintech space with a $53 million investment in Cashfree. The company also supports local gaming studios through its KIGI incubator. Despite the lack of AAA titles, Krafton sees potential in mobile and mid-core gaming, emphasizing originality and community engagement in development.

Read the full article here