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Krafton doubles down on India with another $250M bet beyond gaming

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Key Takeaway

TechCrunch reports that Krafton, the South Korean gaming company behind PUBG, will invest $250 million in India, taking its total planned investment to over $500 million. The funds are separate from a previous $670 million growth fund. Krafton has backed 18 Indian startups and plans to launch BGMI Lite. The announcement follows a meeting with India's Prime Minister.

AI Summary & Analysis
Krafton plans to invest another $250 million in India over three to four years, focusing on AI, robotics, and deep tech beyond gaming.
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