Krafton, the South Korean gaming company behind titles including PUBG and Battlegrounds Mobile India (BGMI), plans to invest another $250 million in India over the next three to four years as it pushes beyond gaming into AI, robotics, and deep tech.
Announced Friday, the new commitment will take Krafton’s total planned investment in India to more than $500 million, including the over $250 million it had already invested in the country since 2021. The funds also come in addition to Krafton’s commitment to a $670 million India-focused growth fund it unveiled with South Korean internet conglomerate Naver and investor Mirae Asset in December 2025. At the time, Krafton said it would contribute around $137 million at the fund’s first close. The new $250 million pledge is separate from the growth fund, the company confirmed to TechCrunch.
India has become a key market for Krafton, giving the gaming publisher access to the world’s most populous country, with more than a billion internet subscribers and over 700 million smartphone users. Krafton initially built its India business around gaming, led by BGMI, a revamped and localized version of PUBG that has surpassed 260 million downloads. In recent years, the company has also used investments in Indian startups to broaden its business beyond games.
