Krafton invests $5.4 million in Nautilus Mobile

Pune: South Korean gaming main Krafton has invested $5.4million in JetSynthesys-owned cell sport growth studio Nautilus Cellular. That is the corporate’s first funding in a sport growth studio in India.

“With Nautilus, now we have the aspiration of constructing India’s finest gaming studio,” mentioned Rajan Navani, CEO at JetSynthesys and chairman of Nautilus Cellular. “Krafton’s funding in Nautilus will allow us to unlock the journey that we imagine is just the start of what the gaming trade will see transferring ahead.”

The funding will assist Nautilus deepen its penetration in additional markets globally and broaden its scope to different video games along with cricket.

“Krafton is worked up to put money into Nautilus as the primary sport growth studio in India with whom we share a typical purpose of making extra distinctive sports activities gaming experiences for a passionate cricketing Indian viewers,” mentioned Sean Hyunil Sohn, India head of Krafton Inc. He added that Krafton would additionally look to be taught from Nautilus, which has experience in cricket.

Sean mentioned Krafton might assist with its experience by one other subsidiary, RisingWings, which additionally makes sports activities video games, and assist in points like monetization and sport growth. Krafton would additionally work with Nautilus to assist it broaden exterior India, within the South Asian and Western markets on the publishing aspect.

In 2021, Krafton had invested $22.5 million in JetSynthesys’ esports enterprise, Nodwin Gaming. The maker of in style battle royale sport Battlegrounds Cellular India (BGMI) has mentioned that it might use part of its IPO proceeds to speculate $100 million within the Indian gaming and leisure house. Different investments embrace sport streaming platform Loco, storytelling platform Pratilipi and gamified courting app Frnd.

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Nautilus Cellular was arrange in 2013 and bought by JetSynthesys in October 2000. The corporate will proceed to stay the bulk shareholder in Nautilus following the funding. Nautilus is presently ranked as the highest simulation-based cricket gaming franchise on this planet with over 100 million downloads and a neighborhood of 10 million month-to-month energetic customers.

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