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KRAFTON INC.
Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...
RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
Our aim now is to create Indian games for local use and global exports: Krafton CEO KimMakers of popular video game PUBG looks to double down on investments and IP creation. Will invest both from its balance sheet as well as a...
South Korean game company Krafton to acquire Japan's ADK for $516 millionKrafton is set to acquire Japan's advertising and animation group ADK for $516.21 million. The development will allow Krafton to utilise AD...
Gaming firm Krafton backs South Korean IMM Investment's maiden India fundThe fund will primarily target growth-stage companies with strong potential for an initial public offering, leveraging South Korean experti...
Many South Korean companies assured investment in Karnataka across gaming, auto and FMCG sectorsThe meeting took place between M.B. Patil, Minister for Large and Medium Industries and Infrastructure Development, Government of Karnataka...
India blocks Krafton's Battlegrounds Mobile India on concerns over data sharing in ChinaThe Indian government has not publicly announced the blocking. But the app was removed from Alphabet Inc's Google Play Store and Apple Inc'...
Krafton invests $5.4 million in Nautilus MobileThe funding will help Nautilus deepen its penetration in more markets globally and broaden its scope to other games in addition to cricket.
BGMI creator Krafton leads $6.5 million funding round in FRND appFRND—an audio-focused dating app—will use the funding to expand its services beyond 10 Indian languages. For Krafton, FRND is its fourth In...
South Korea's Krafton, maker of hit game 'PUBG', tumbles on debutAnalysts attributed the tumble to an expensive valuation and China regulation risks, with gaming companies facing uncertain prospects after...
Battlegrounds Mobile India records 34 million players within a week of launchThe game is currently ranked number one among ‘top free games’ on Google Play Store.
Krafton’s $5-billion IPO, South Korea’s biggest, seen delayed by a fortnightKrafton plans to revise IPO registration statements in response to the Financial Supervisory Service's request, the developer of the hugely...
PUBG maker Krafton's $5 billion IPO could be delayed by up to a fortnightThe delay of the initial public offering (IPO), set to be South Korea's biggest ever, could be for up to a fortnight as a result of the reg...
Krafton says data shared with third parties; not a violation of privacy policyKrafton said it was working to comply fully with Indian laws and regulations in the lead up to the official launch of the mobile game versi...
Krafton opens up early access to Battlegrounds Mobile India for select few“The Early Access of the game will be available on Google Play Store only to players in India,” the South Korean game developer said in a s...
Battlegrounds Mobile India clocks 20 mn pre-registrations in two weeksBattlegrounds Mobile India, a localised version of PUBG Mobile, received 7.6 million pre-registrations on its opening day and 20 million in...
Remodelled PUBG version Battlegrounds Mobile clocks 20 million pre-registrations in 2 weeksIn September last year, PUBG Mobile, which was then published in India by Chinese internet giant Tencent, was banned along with other Chine...
PUBG Mobile India pre-registrations start on Google Play storeDesigned for Indian players, Battlegrounds Mobile India (PUBG Mobile India) offers specific rewards on pre-registration, which can be claim...
PUBG owner Krafton applies for IPO, seen worth billions of dollarsThe Krafton IPO is expected to be one of the biggest Korean listings this year, Seoul-based analysts say, with over-the-counter trades on T...
Coding prodigy behind hit game PUBG eyes IPO worth billionsThe IPO could value the startup at as much as 30 trillion won ($27.2 billion), according to a Jan. 5 report by Eugene Investment & Securiti...