The fund will have a corpus of Rs 6,000 crore and is expected to begin operations with an initial corpus of Rs 3,000 crore in January (Image generated by Google's Nano Banana Pro)
Business
M
Moneycontrol19-12-2025, 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.

More like this

Loading more articles...