Tag: KRAFTON India

KRAFTON India Esports Unveils Cohort 2 of the Rising Stars Programme 2026, Deepening Its Esports Creator Development Pipeline
Lifestyle, Press Release

KRAFTON India Esports Unveils Cohort 2 of the Rising Stars Programme 2026, Deepening Its Esports Creator Development Pipeline

Bengaluru (Karnataka) [India], April 22: KRAFTON India Esports today announced the onboarding of Cohort 2 of its Rising Stars Programme 2026, expanding the structured framework it has built to identify, support, and develop the next generation of esports creator talent in India.The nine creators onboarded under Cohort 2 are Chirag Dua (ESWanted), Tanmay Sipahiya (K9xKnighT), Rohit Saxena (NebulaKRATOS), Jatin Kumar (4TRxJatinOG), Aarush Sharma (InfinixTRHydrO), Jasleen Kaur (LExJasleen), Sohail Shaikh (Hector), Akshay Kumar (WELTwJusty06), and Mohit Kumavat (iQOORGExLevi11), representing a diverse cross-section of emerging talent within India’s esports creator ecosystem.Commenting on the announcement, Karan Pathak, Associate Director – Esports, KRAFTON In...
KRAFTON and Naver Partner with Mirae Asset Venture Investments to Launch INR 6000cr India-focused Unicorn Growth Fund
Lifestyle

KRAFTON and Naver Partner with Mirae Asset Venture Investments to Launch INR 6000cr India-focused Unicorn Growth Fund

“KRAFTON, Naver and Mirae Asset leadership with Union Minister Piyush Goyal during the announcement of the INR 6000 crore India-focused Unicorn Growth Fund in New Delhi”New Delhi [India], April 21:  KRAFTON Inc. and Naver Corporation, two of South Korea’s largest technology companies, today announced the launch of the Unicorn Growth Fund (“the  Fund”), an INR 6000cr vehicle focused on Indian technology companies. The Fund is one of the largest India-focused capital pool ever raised by an Asian technology-led platform.The announcement was made following a high-level meeting between Shri Piyush Goyal, Hon’ble Union Minister for Commerce & Industry, Dr. Jung-Kwan (JK) Kim, Republic of Korea’s Minister of Trade, Industry and Resources, Global CEOs of...
KRAFTON Reinforces Long-Term Commitment to India’s Gaming Ecosystem in Engagement with Rajya Sabha MP Sujeet Kumar
Lifestyle, Press Release

KRAFTON Reinforces Long-Term Commitment to India’s Gaming Ecosystem in Engagement with Rajya Sabha MP Sujeet Kumar

Shri Sujeet Kumar, Member of Parliament, Rajya Sabha,  with CH Kim, Chief Executive Officer, KRAFTON Inc. and Sean Hyunil Sohn, Chief Executive Officer, KRAFTON India.”New Delhi [India], April 20:  CH Kim, Chief Executive Officer, KRAFTON Inc., met with Shri Sujeet Kumar, Member of Parliament, Rajya Sabha, to discuss the evolving role of gaming in India’s digital economy and the country’s growing importance in KRAFTON’s global strategy. The interaction focused on how India is emerging not only as one of the world’s largest gaming markets, but also as a potential hub for game development, innovation, and digital content creation. Shri Sujeet Kumar serves on the Parliamentary Committee on Communications and Information Technology and is the youngest Memb...
KRAFTON India Expands Gaming Incubator with Cohort 3; Announces Launch of First KIGI-Born PC Title Frontier Paladin
Lifestyle, Press Release

KRAFTON India Expands Gaming Incubator with Cohort 3; Announces Launch of First KIGI-Born PC Title Frontier Paladin

Bengaluru (Karnataka) [India], April 18: KRAFTON India today announced the third cohort of its KRAFTON India Gaming Incubator (KIGI) and marked a key milestone with the upcoming launch of Frontier Paladin, the first PC game to emerge from the incubator, set to release on April 24, 2026. Together, these developments underscore KIGI’s growing contribution to supporting India’s game development ecosystem and enabling studios to build globally competitive titles.New cohort introduces deeper hands-on support, functional experts, and user acquisition backing for selected studiosFrontier Paladin, KIGI’s first PC title by Singular Scheme, launches April 24 with a blend of action RPG and tower defense gameplayNow in its third edition, KIGI welcomes four emerging game development studi...
KRAFTON India Brings Chennai Super Kings into BGMI with the 4.3 Update
Sports

KRAFTON India Brings Chennai Super Kings into BGMI with the 4.3 Update

Collaboration to feature in BGMI 4.3 update, starting 21st March with exclusive Chennai Super Kings collectables Bengaluru (Karnataka) [India], March 17: KRAFTON India today announced a landmark collaboration between BATTLEGROUNDS MOBILE INDIA (BGMI) and Chennai Super Kings as part of the upcoming BGMI 4.3 update, bringing one of the league’s most iconic teams directly into the game as part of the upcoming BGMI 4.3 update, going live on 21 March. The collaboration introduces exclusive Chennai Super Kings -themed gameplay content, collectables, and a mechanic that has never been seen in BGMI before. What Players GetThe update brings two exclusive Chennai Super Kings-branded items into the game: the Thala Legacy Set (outfit) and the Thala Monster Truck (vehicle skin), letting players carry...
KRAFTON and Hanwha Aerospace Announce Strategic Alliance on Physical AI
Lifestyle

KRAFTON and Hanwha Aerospace Announce Strategic Alliance on Physical AI

Signed MOU to initiate long-term co-development in physical AI technology and Joint Venture with Hanwha Group. To invest in Hanwha Asset Management’s global AI, robotics, and defense fund targeting USD 1 billion.Bengaluru (Karnataka) [India], March 14: KRAFTON, Inc. has entered a strategic alliance with Hanwha Aerospace focused on physical AI. The two companies aim to develop and commercialize technology across various sectors, including defense. KRAFTON and Hanwha Aerospace today announced the signing of a Memorandum of Understanding (MOU) to jointly develop physical AI technology and set the grounds for a Joint Venture (JV). The partnership combines KRAFTON’s advanced AI research and software development capabilities with Hanwha Group’s industrial infrastructure in defense and manu...
KRAFTON Introduces New Corporate Vision Centered on ‘Bold Imagination’ and Global Franchise Growth
Business

KRAFTON Introduces New Corporate Vision Centered on ‘Bold Imagination’ and Global Franchise Growth

Updated vision, core values, and brand identity reinforce focus on game IP expansion and long-term innovation Bengaluru (Karnataka) [India], February 26: KRAFTON, Inc. today unveiled a new corporate vision and set of core values designed to guide the company’s long-term strategy and global growth. The announcement was made during the company’s town hall event, KRAFTON LIVE TALK (KLT). Under the theme “Organizational Alignment Toward One Direction at a Point of Change,” CEO CH Kim introduced KRAFTON’s new vision: “We pioneer the path to players’ dreams. With bold imagination and breakthrough technology, we create unforgettable worlds for fans across the globe.” The new vision reinforces KRAFTON’s commitment to its core gaming business while positioning the company for sustainable growth bui...
KRAFTON Appoints Kangwook Lee as Chief AI Officer
Lifestyle, Press Release

KRAFTON Appoints Kangwook Lee as Chief AI Officer

Bengaluru (Karnataka) [India], February 23:  KRAFTON, Inc. has announced the appointment of Kangwook Lee, Head of KRAFTON AI, as Chief AI Officer (CAIO), a newly established executive role designed to oversee the company’s AI R&D and mid-to-long-term innovation strategy.Established CAIO role to advance game AI R&D and strengthen mid-to-long-term innovation strategy. – Appointed Kangwook Lee, former Associate Professor at the University of Wisconsin-Madison to advance KRAFTON’s game AI and mid-to-long-term physical AI researchThe appointment was made in recognition of Lee’s extensive AI expertise, leadership, and accumulated research achievements gained from years of AI technology R&D and project execution experience. Lee received his PhD in 2016 from the Electrical En...
KRAFTON ANNOUNCES SHAREHOLDER RETURN PROGRAM OF AT LEAST KRW1 TRILLION FOR 2026-2028
Business, Press Release

KRAFTON ANNOUNCES SHAREHOLDER RETURN PROGRAM OF AT LEAST KRW1 TRILLION FOR 2026-2028

Bengaluru (Karnataka) [India], February 09:KRAFTON, Inc. today announced the company’s largest Shareholder Return Program.KRW300 billion to be returned in dividend payouts; at least KRW 700 billion in shares to be repurchased and canceled Initial KRW200 billion share buyback to commence on February 10.On February 9, KRAFTON’s Board of Directors authorized a Shareholder Return Program for 2026-2028, under which a minimum of KRW 1 trillion will be returned to shareholders over the next three years. This is more than a 44% increase compared to the previous three-year program, which totaled KRW 693 billion across 2023-2025. The new program aims to provide a higher predictability of shareholder return scale, while strengthening long-term shareholder value. It will be carried out in two stre...
KRAFTON RECORDS ANNUAL REVENUE OF KRW 3.3266 TRILLION IN 2025
Business

KRAFTON RECORDS ANNUAL REVENUE OF KRW 3.3266 TRILLION IN 2025

Bengaluru (Karnataka) [India], February 09: KRAFTON, Inc. today announced its full-year and fourth-quarter earnings for 2025 in its investor relations (IR) briefing. Annual revenue of KRW 3.3266 trillion, operating profit at KRW 1.0544 trillion – Record-high annual revenue driven by PUBG IP Franchise double-digit growth – New titles inZOI and MIMESIS surpassed one million sales each; 15 new projects in development – To secure mid- to long-term growth centered on core gaming business and Franchise IPs with long-term PLCs Based on consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards (K-IFRS), KRAFTON reported annual revenue of KRW 3.3266 trillion and operating profit of KRW 1.0544 trillion in 2025. Annual revenue i...