1. Krafton to invest $250 million in India, expanding into AI and robotics

Krafton to invest $250 million in India, expanding into AI and robotics

Entertainment

  • PUBG-maker Krafton plans to invest another $250 million in India, taking its total planned investment beyond $500 million.
  • The South Korean company is expanding beyond gaming to back startups in AI, deep tech, fintech and digital content.
  • Krafton sees India as a key long-term market and aims to support companies building products for both Indian and global users.
  • The fresh investment adds to Krafton’s existing India bets, including its participation in a $670 million India-focused growth fund with Naver and Mirae Asset.

Source: livemint.com

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