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At Rs 1,200 crore, Krafton looks to double India investments
![IndiaTimes]()
Wednesday, 15 November 2023
Korean gaming company Krafton is planning to invest Rs 1,200 crore ($150 million) in Indian gaming and AI-focused companies over the next few years. Despite the government's decision to increase GST to 28%, Krafton is undeterred and aims to contribute to the gaming ecosystem in India. The company has already invested in various local start-ups and plans to launch new games sourced from their headquarters or overseas locations. Krafton recognizes the growing demand for gaming content in India and sees potential in AI and deep learning tools in the gaming industry.
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Wednesday, 15 November 2023
