Krafton, Naver & Mirae Asset Launch ₹60B Unicorn Growth Fund to Power India’s Startup Revolution

South Korean gaming giant Krafton Inc., best known for Battlegrounds Mobile India (BGMI), is set to establish a massive India-focused Unicorn Growth Fund in partnership with Naver Corp. and Mirae Asset Financial Group. The fund, expected to begin operations in January 2026, will have a total size of up to ₹60 billion, with Krafton contributing an initial investment of ₹12.3 billion.

The initiative aims to support India’s startup ecosystem, particularly in technology, gaming, and digital innovation. According to Krafton, the fund is expected to start with over ₹30 billion in commitments, eventually scaling to ₹60 billion as more investors join.

Key Highlights

Fund Size: Unicorn Growth Fund to reach ₹60 billion, starting with ₹30 billion.

Initial Contribution: Krafton to invest ₹12.3 billion upfront.

Partnership: Collaboration with Naver Corp. and Mirae Asset.

Launch Timeline: Operations to commence in January 2026.

Focus Areas: Investments in Indian startups, with emphasis on gaming, tech, and digital innovation.

Strategic Impact: Strengthens Krafton’s long-term commitment to India’s digital economy.

Why It Matters

This fund highlights Krafton’s deepening engagement with India, positioning the country as a hub for next-generation startups while boosting investor confidence in the region’s innovation potential.

Sources: Economic Times, Business Standard, Moneycontrol