BGMI maker to invest more than Rs 1200 crore in India, these sectors to benefit

Battleground Mobile India (BGMI) maker Krafton has announced that it will invest more than Rs 1200 crore ($150 million) in India in the coming years. The South Korean gaming company will invest a massive amount in the gaming and startup ecosystem of India, focusing on content-based platforms and deep tech. To recall, the company has infused around Rs 1159 crore into 11 innovative startups since its first investment in March 2021.

“We firmly believe in India’s potential as a key player in the global gaming and technology industry, and our commitment to invest an additional $150 million over the next two to three years reflects our dedication to fueling this growth,” said Sean Hyunil Sohn, CEO, Krafton India.

“We believe in the power of Indian IPs and content in making a lasting global impact,” he added.

Beyond game development studios, the company’s investments span diverse and complementary sectors, including, Esports, multimedia entertainment, content creation and audio platforms.

In recent months, Krafton has expanded its focus to include the creator economy and deep tech, actively supporting startups in these emerging segments.

“Our investment momentum will continue as we seek to establish a dynamic and evolving portfolio across various segments in India,” said Nihansh Bhat, corporate development and venture investing lead, India and MENA, Krafton.

In addition to BGMI, the company has launched The Callisto Protocol, Road To Valor: Empires, and Defense Derby games in the country.