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Krafton India Unveils Startups From Its Incubation Initiative

Krafton India Unveils Startups From Its Incubation Initiative

Krafton India has chosen ReDimension Games and Shura Games for the cohort. For incubation, Krafton accepts all games. It won’t consider real money or gambling games.  Krafton will support the entire incubation period with $150K. As we all know, India’s gaming business has a vast user base and many downloads, but its games could be better. Anuj Sahani, head of Krafton Incubator Programme, told Inc42 that this programme provides incubated teams with financial support, coaching, tools, and guidance to improve the gaming ecosystem.

He stated that the programme was created to help new gaming entrepreneurs succeed and build high-quality goods that can compete globally.  For incubation, Krafton accepts all games. However, it won’t consider real money or gambling games.

Krafton India has chosen ReDimension Games and Shura Games for the cohort. In 2024, ReDimension Games will release “Sojourn Past”, an action-adventure game. Shura Games released “Spice Secrets,” a mobile puzzle game featuring culinary adventures, for a large audience.


Conclusion

KRAFTON has invested $140M in 11 Indian businesses. In March, it invested $10 Mn in One Impression, participated in the Series B round of Kuku FM, gave $5.4 Mn to Nautilus in February 2022, and gave $6.5 Mn to FRND. Last year, KRAFTON relaunched “BGMI” in India. After PUBG Mobile was banned in India in 2020, KRAFTON left Tencent to relaunch it as “BGMI (BattleGrounds Mobile India)”. The Indian government banned the game again in July 2022, claiming data concerns, before its reintroduction last year.

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