Krafton Commits $150 Million Investment to India's Gaming Industry

Krafton has announced plans to invest an additional $150 million in Indian gaming startups over the course of the next two to three years. According to a report by TechCrunch, the company behind PUBG views India as a crucial growth engine. Sean Hyunil Sohn, CEO of Krafton India, expressed the company's long-term commitment to the country's thriving startup ecosystem, stating, "We have faith in the potential of Indian intellectual properties and content to make a lasting impact worldwide." Since 2021, Krafton has invested $140 million in 11 Indian startups. The company has pledged to continue supporting the local gaming ecosystem. This development comes after PUBG was granted a three-month trial period in India, following the company's efforts to address data security concerns that led to two previous bans.