Krafton, South Korean gaming firm's Indian subsidiary, anchors IMM Investment's $7bn India fund targeting growth-stage startups.

Krafton, the Indian subsidiary of South Korean gaming firm Krafton, has become the anchor investor in IMM Investment's inaugural India fund, which targets growth-stage startups across sectors like consumer tech, fintech, gaming, and deep tech. With $7 billion in assets, the IMM India Fund aims to foster companies with IPO potential. Krafton has previously invested over $170 million in India and plans an additional $150 million to enhance its market presence.

October 29, 2024
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