Indian sports game developer Nautilus Mobile receives $5.4mn funding from Krafton
New Delhi
03-February-2022
Krafton, a South Korean gaming giant behind the global smash hit PlayerUnknown's Battlegrounds (PUBG), said on Thursday that it has invested $5.4 million in Nautilus Mobile, an Indian sports game developer.
It is Krafton's first investment in an Indian game development studio.
Nautilus is a sports game developer that developed a cricket game franchise. ‘Real Cricket' has been downloaded more than 100 million times globally and has more than 10 million monthly active users.
Established in 2007, Krafton became a major contender in the global video game market after its launch of PUBG in 2017, reports Yonhap news agency.
The battle royale game, in which users fight to remain as the last person alive, has been hugely popular worldwide, with Krafton selling over 75 million copies of the game for computers and consoles.
The mobile version of the game has racked up over 1 billion downloads globally, excluding China. - IANS
More Headlines
ED Attaches Rs 97.79 Crore Worth of Properties Belonging to Raj Kundra Under PMLA
ISRO's Former Director Cites Probability Theory in Support of Possible Alien Existence
Gaming Startup LightFury Raises $8.5 Million to Develop AAA Titles in India and UK
Wow! Momo Raises Rs 70 Crore, Following Rs 350 Crore Investment to Extend Growth
After Six Years of Profitable Bootstrapping, Medulance Raises Rs 25 Crore to Expand Nationally
ED Attaches Rs 97.79 Crore Worth of Properties Belonging to Raj Kundra Under PMLA
ISRO's Former Director Cites Probability Theory in Support of Possible Alien Existence
Gaming Startup LightFury Raises $8.5 Million to Develop AAA Titles in India and UK
Wow! Momo Raises Rs 70 Crore, Following Rs 350 Crore Investment to Extend Growth
After Six Years of Profitable Bootstrapping, Medulance Raises Rs 25 Crore to Expand Nationally