Korean Giants Launch Rs 6,000 Cr Unicorn Growth Fund for Indian Startups

Business
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Moneycontrol•19-12-2025, 12:41
Korean Giants Launch Rs 6,000 Cr Unicorn Growth Fund for Indian Startups
- •South Korean firms Krafton, Naver, and Mirae Asset launched the "Unicorn Growth Fund" with a Rs 6,000 crore corpus.
- •The fund targets Indian soonicorns in AI, fintech, digital content (gaming), logistics, and other innovation-led sectors.
- •Krafton and Naver are limited partners, each contributing around Rs 1,230 crore; Mirae Asset Venture India manages the fund.
- •Initial operations begin Jan 2026 with Rs 3,000 crore; India is central to the investment strategy, also targeting Asia.
- •Krafton will continue direct annual investments of $50 million in India and recently acquired Nautilus Mobile.
Why It Matters: Korean firms Krafton, Naver, Mirae Asset commit Rs 6,000 Cr to boost Indian tech startups.
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