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Krafton commits $150 million to India following BGMI trial approval



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South Korean gaming firm Krafton plans to invest another $150 million in India over the next 2-3 years, it said in a boon to the local gaming ecosystem, roughly three months after securing permission to trial its popular battle royale game in the South Asian market following two bans.
Thursday’s announcement follows Krafton investing about $140 million in 11 Indian startups and the local gaming ecosystem in the last three years. The company, whose Indian investments include Nodwin Gaming, Loco, Pratilipi, Kuku FM, told TechCrunch that it will use the additional $150 million to invest in gaming and entertainment startups. Krafton also said that it’s “impl …

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