Jang Byung-gyu, chair of the board at Krafton, met with Goreganglal Das, India's ambassador to Korea, who visited Krafton's Seoul headquarters on the 23rd, to discuss ways to expand technology cooperation and investment in the Indian market.
Krafton said on the 26th that the participants in the meeting that day shared the status of India's technology industry and startup ecosystem in key technology areas such as artificial intelligence (AI), content, and digital entertainment, and exchanged views on how cooperation and investment led by private corporations could contribute to Indian society and industry as a whole.
In particular, they discussed mid- to long-term investment directions for Indian technology corporations and startups, centered on the "Krafton-Naver-Mirae Asset Unicorn Growth Fund (Unicorn Growth Fund)," which Krafton is promoting jointly with Naver and Mirae Asset Group. The Unicorn Growth Fund is an Asia fund of up to 1 trillion won, created by a coalition of leading domestic corporations in each field.
Jang Byung-gyu, chair of the board at Krafton, said, "For Krafton, India is not merely an overseas sales market but a strategic partner country where we have built trust and a foothold locally through 'Battlegrounds Mobile India,'" adding, "The Unicorn Growth Fund is a starting point to expand cooperation with promising Indian corporations across a range of industries beyond games, based on this experience."
Ambassador Das said, "India is rapidly growing as a key hub of global technological innovation, and it is very meaningful that Korean corporations are expanding long-term cooperation and investment centered on the Indian market," adding, "We expect that investment led by private corporations, including Krafton, will play an important role in helping Indian technology corporations and startups grow and leap into the global market."
Krafton plans to continue investing in major technology corporations centered on India through the Unicorn Growth Fund and to keep seeking cooperation opportunities that connect technology and industry in the Indian market.