Nodwin Gaming secures 164 Cr investment from PUBG developer Krafton

Esports platform Nodwin Gaming has received a minority investment of Rs 164 crore from South Korean gaming firm Krafton. Nodwin Gaming intends to channelize these funds to accelerate the development of esports in South Asia, Middle East and Africa, support talent, provide better gaming infrastructure and technology and conceptualise, organize and execute a multitude of tournament IPS at the national and international level. This round of funding follows previous investments from Rakesh Jhunjhunwala-backed Nazara Technologies and from Jetsynthesys backed by Infosys co-founder Kris Gopalakrishnan. KRAFTON is one of the top gaming companies in South Korea and is the creators of intellectual properties and games such as PLAYERUNKNOWN’S BATTLEGROUNDS (PUBG)S, TERA, Golf King, Castle Burn among others. ■