Krafton, Naver, and Mirae Asset to Launch Asia Fund Worth Up to 1 Trillion Won

Investment in Leading Technology Companies Across Asia, Including South Korea and India
Creating Long-Term Growth Synergies by Leveraging Each Company's Strengths

Krafton announced on December 19 that it will join forces with Naver and Mirae Asset Group to establish an Asia fund worth up to 1 trillion won.

Krafton Corporate Identity (CI). Provided by Krafton

The fund, named the "Krafton-Naver-Mirae Asset Unicorn Growth Fund," is a successor to the "Asia Growth Fund" previously launched by Naver and Mirae Asset. It will invest in leading technology companies across Asia, including South Korea and India.

Krafton, which has invested a cumulative 200 million dollars (approximately 295 billion won) in the Indian digital entertainment market, is newly joining this initiative. The company is expanding its investment scope based on its experience in the local market with "Battlegrounds Mobile India."

Through the fund, the three companies plan to proactively invest in promising Indian technology firms and create long-term growth synergies by leveraging their respective strengths. Major affiliates of Mirae Asset Group will be responsible for managing the fund.

Son Hyunil, CEO of Krafton India, stated, "We expect that collaborating with companies leading their respective fields will create meaningful synergies." He added, "Our participation in this fund aims to discover sustainable businesses in India that generate not only gaming value but also social and economic value." He continued, "We will seek investment opportunities in various sectors such as consumer goods, sports, media, and healthcare to establish ourselves as a trusted brand among the Indian government and people."

The fund is scheduled to be established in January next year and will begin operations with an initial size of 500 billion won. Krafton will contribute 200 billion won as its initial investment.