Tech
Korean trio Krafton, Naver, Mirae Asset to set up India-focused fund of up to Rs 6,000 crore
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South Korean gaming company Krafton, internet major Naver, and asset management firm Mirae Asset are setting up an India-focussed investment fund with a target size of up to Rs 6,000 crore, stepping up their bets on India’s technology and startup ecosystem.
The fund, to be named the ‘Krafton Naver Mirae Asset Unicorn Growth Investment Fund’, will back growth-stage technology companies across Asia, with India expected to be a key focus market. It is slated to be launched in January and will be managed by Mirae Asset Venture India.
In a statement on…
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