Krafton and Naver Launch Unicorn Growth Fund to Boost Indian Tech Landscape
South Korea's leading tech firms Krafton and Naver Corporation have unveiled a Rs 6,000 crore Unicorn Growth Fund, aiming to support India's burgeoning tech sector. By partnering with Mirae Asset Venture Investments, the fund seeks to transform India into a global game development hub and nurturing AI-driven companies.
- Country:
- India
South Korea-based technology giants, Krafton and Naver Corporation, have introduced a substantial Rs 6,000 crore Unicorn Growth Fund to bolster Indian technology companies. This initiative is hailed as one of the largest capital allocations targeting India by an Asian tech-led platform.
The Fund, advised by Mirae Asset Venture Investments, aligns with Krafton's vision of empowering India's gaming development sector, leveraging its extensive talent pool and digital infrastructure.
Naver's CEO underscores India’s potential as an innovation hub, aspiring to foster AI-driven growth through strategic partnerships and capital investment.
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