Krafton Announces Krafton India Gaming Incubator, Aims To Help India Gaming Startup With Mentorship and Financial Needs

Over the past few years, Krafton has shown a keen interest in the Indian gaming scene. After successfully relaunching BGMI and pledging to invest $150 Million in India, the South Korean video game company is ready to launch its first-ever gaming incubator program in India. On 04 October 2023, the organization launched the Krafton India Gaming Incubator (KIGI), with the aim of fostering ten teams and early-stage Indian startups to help them bring their concepts and ideas to life. 

Individual developers and student teams are eligible for the program and are encouraged to apply to KIGI. The incubation program will provide the selected ones with mentorship from industrial experts and financial support ranging from $50,000 to $150,000. 

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Krafton India Gaming Incubator Starts Accepting Applications

The Krafton India Gaming Incubator will be headed by Anuj Sahani, who has invaluable experience as a former Gameloft and Electronic Arts game producer under his belt. Through the incubation program, the startups will get mentorship from industrial experts for a duration ranging from six months to one year. Krafton might consider a few exceptions to extend the time. In a discussion with MoneyControl, here is what Sean Hyunil Sohn, CEO of Krafton India, said about KIGI:

"Through the programme, we hope to further develop the country's capabilities in game development. We are excited to nurture the next generation of gaming talent in the country as well as mentor them in line with the government's ambition of skilling the Indian workforce and increasing employability."

Applications for the KIGI have begun on Krafton's official website and interested applicants can click here to register. Krafton will assess the applications and revert in about 30 days after which the selected idea holders will be invited for an interview. Ultimately, the worthy applicants will get on board with KIGI and work alongside industry experts to make their ideas a reality. Krafton will also provide them with internal resources including data and market analysis to help them consolidate their ideas into the global market.