Krafton's investment in IMM Investment's India fund signifies its intention to expand into diverse sectors within India, tapping into new business opportunities beyond gaming.
Nihansh Bhat indicated that this partnership with IMM is strategic for Krafton, aimed at broadening its portfolio and exploring fresh categories in India.
IMM Investment, backed by Krafton, will focus on Series A startups in various sectors such as fintech, gaming, and deeptech to foster growth in India.
Prakhar Khanduja emphasized that the India fund's first investment in Sugar, a cosmetics brand, demonstrates their commitment to investing in consumer-focused startups.
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