Krafton invests $5.4 million in Real Cricket developer Nautilus

Home > Business > Tech

print dictionary print

Krafton invests $5.4 million in Real Cricket developer Nautilus

Game publisher Krafton invested $5.4 million in Indian sports mobile game studio Nautilus Mobile for an unspecified stake, the company said on Thursday.
The deal marks the first time that Krafton, the developer and publisher of the Player Unknown’s Battlegrounds (PUBG) franchise, has invested in an Indian game developer.
The Korean company has made a number of investments in Indian tech companies, but never in a game company. In 2021 alone, Krafton invested $80 million in five Indian tech companies.
Founded in 2013, Nautilus Mobile is a sports game developer known for its Real Cricket mobile game. It has been downloaded more than 100 million times worldwide and has more than 10 million monthly active users on average.
JetSynthesys acquired a 100 percent stake in Nautilus Mobile in 2020 and announced that it will also start an online cricket Esports business through Nautilus.
“With the massive adoption of mobile gaming in India, fueled further by the pandemic, the industry has reached an interesting juncture and we are all excited to jet-speed into the future,” said Rajan Navani, Founder & CEO of JetSynthesys and Chairman of Nautilus.
"Krafton has been a key player in the global mobile gaming space and we’re glad to join forces with them to take our Indian studio on to a global stage."
Krafton also opened an Indian branch in November last year and its PUBG Mobile game has been sitting atop India’s mobile games revenue chart since its release in July.

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)