Krafton Invests Over $22M in Indian Esports Company Nodwin Gaming

Krafton Invests Over $22M in Indian Esports Company Nodwin Gaming

South Korean parent company behind PlayerUnknown’s Battlegrounds, Krafton, has invested $22,4 million in Indian esports company Nodwin Gaming. The investment is expected to further accelerate the esports company’s development in the South Asia, Middle East, and African regions.

The investment is looking to expand the development of these regions by focusing Nodwin’s efforts on community management and on producing broadcasts in local languages, rather than only producing broadcasts in English.

In a bid to re-enter the India market, PUBG Corporation in November said it is making a comeback with the creation of an Indian subsidiary and a new game. With its South Korean parent company Krafton, PUBG Corp said it plans to make investments worth $100 million in India to cultivate the local video game, esports, entertainment, and IT industries.

The immensely popular PUBG Mobile app was among the 118 Chinese apps that the Indian government banned in September over national security concerns. To get the ban lifted, PUBG Corp made the decision to no longer authorise the PUBG Mobile franchise to China-based Tencent Games in India.

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