Krafton, known for games like PUBG and Battlegrounds Mobile India (BGMI), plans to invest an additional $250 million in India over the next three to four years. This commitment raises Krafton’s total direct investment in the country to over $500 million since 2021. This new funding is separate from a $670 million India-focused growth fund announced in December 2025, to which Krafton committed approximately $137 million at its first close.
While India has been a key market for Krafton's gaming operations, particularly with BGMI surpassing 260 million downloads, the new investment signals a strategic shift. The funds are earmarked for expansion into AI, robotics, and deep tech, moving Krafton beyond its traditional gaming focus. This diversification builds on previous investments in Indian startups across various sectors.
Krafton's presence in India has faced challenges, including the Indian government's ban of PUBG Mobile in 2020 and a temporary ban on BGMI in 2022. The company addressed these issues by localizing operations, dropping Tencent Games as publisher, and moving servers to Microsoft Azure. BGMI returned on a trial basis in 2023, and Krafton plans to launch BGMI Lite by late 2026.
Despite earlier setbacks, Krafton has invested in approximately 18 Indian companies, including four to five gaming studios, such as Nodwin Gaming, Loco, Pratilipi, Kuku FM, and One Impression. The latest investment commitment follows a meeting between Krafton chairman Chang Byung-gyu and Indian Prime Minister Narendra Modi, where opportunities were discussed.
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Krafton, the South Korean gaming company, announced an additional $250 million investment in India over the next three to four years, bringing its total direct investment in the country to over $500 million. This new funding will support expansion into AI, robotics, and deep tech, diversifying its presence beyond its core gaming business in the Indian market.