December 19, 2025: KRAFTON Inc. has announced plans to set up an India-centric investment fund worth up to Rs 6,000 crore in collaboration with South Korea’s NAVER Corp. and Seoul-based Mirae Asset. The new initiative, dubbed the KRAFTON-NAVER-MIRAEASSET Unicorn Growth Investment Fund, is aimed at investing in growth-stage technology companies across Asia, with India as its primary focus.
The fund is expected to launch in January, initially backed by Rs 3,000 crore, contributed by the three partners as well as external investors. KRAFTON itself will commit Rs 1,230 crore to the venture. Managed by Mirae Asset Venture India, this fund marks the first-ever collaboration between KRAFTON, NAVER, and Mirae Asset in the Indian market.
KRAFTON-NAVER-MIRAEASSET Fund Set to Boost India’s Tech Startups
“We anticipate that this partnership between Korea’s top firms will bring valuable synergies,” said Sean (Hyunil) Sohn, CEO of KRAFTON India. “Our aim is to discover businesses in India that drive both social and economic value, extending beyond gaming.”
While gaming remains a core area of interest for KRAFTON (which has already invested over $200 million in India’s digital entertainment sector), the fund will expand its scope to include industries like consumer goods, sports, media, and healthcare. KRAFTON’s hit game Battlegrounds Mobile India has already surpassed 240 million downloads, further solidifying its presence in the Indian market.
NAVER, through its platform and AI expertise, sees this partnership as key to nurturing the next generation of tech companies in India. “We aim to support the discovery of innovative Indian firms and contribute to the growth of the local tech ecosystem,” said Choi In-hyuk, President of NAVER Tech Business.
Mirae Asset will provide essential market knowledge and capital management through its India venture arm. The companies stressed that this new fund further underscores India’s crucial role in KRAFTON’s long-term expansion strategy.
