Korean gaming company Krafton has officially announced that it will invest Rs 1,800 crore (approx $200 million) in India over the next 3 to 4 years.
In a press release, the company confirmed that the fresh round of investment will be mainly utilised for acquiring Indian digital and tech startups, expanding its local operations, such as esports production and gaming, and developing global gaming titles from its Bengaluru center.
For instance, the investment will help the company grow its operations in India, especially in areas like esports. This might mean building better production setups for tournaments, hiring more staff to run events, or improving the quality of livestreams. It could also include opening new offices or gaming labs and improving the game servers that support players across the country.
Sean Hyunil Sohn, Managing Director of Krafton India, said, “We will continue the pace of investments, and will invest around $50 million annually over a period of 3-4 years. Compared to 2020 when we started our investments, the market is more mature now, and many companies are sizable and even using AI to scale up.”
He further explained that Krafton’s operations remain unaffected despite the real money gaming ban in India. From the regulatory point of view, it will be more structured and transparent, and since the government has said it will promote esports, it is overall positive for the company.
This isn’t the first time Krafton has invested a huge amount in India. They started investing money in Indian companies from 2021, after PUBG Mobile was banned from the country over national security and data privacy concerns.
Initially, they promised to spend $100 million, which they deployed across seven startups, including NODWIN Gaming, which runs esports tournaments. They also started giving small grants (up to $150K per cohort) to new Indian game developers through their program called KIGI.
Over the years, Krafton kept investing more. By early 2025, Krafton had already spent more than $200 million in India across different sectors.
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