Gaming major Krafton to invest another $150 million in Indian startups
By
Biju Kumar
South Korean game developer Krafton Inc said it will make investments of $150 million into Indian startups over the next two to three years.
Over the last three years, the firm has invested about $140 million in 11 Indian gaming and content-driven ventures including Nazara Technologies’ unit Nodwin Gaming, Pratilipi, KukuFM and Loco. The firm also invested as a limited partner in 3one4 Capital and Lumikai, but those investments were just roughly 10% of its total investments in the country.