Krafton makes its first investment in India-based game developer Nautilus Mobile

bgr.in:

PlayerUnknown’s Battlegrounds (PUBG) maker, Krafton is betting big on the Indian gaming ecosystem. The company has announced that it has invested $5.4 million in the game developer, Nautilus Mobile. The Indian studio is based in Pune, Maharashtra. The Indian entity is a developer specializing in Indian sports games. Also Read — Playing video games is good for you: Here are few reasons why

Founded in 2013, Nautilus Mobile is an Indian sports game developer who develops and publishes cricket game franchises. The company currently has a flagship game called Real Cricket. According to a statement by Krafton, this game developer has accumulated more than 100 million downloads worldwide and has gained more than 10 million monthly active users. It is also pitched as the world’s leading cricket game. In 2020, Indian digital entertainment technology company JetSynthesys announced plans for its cricket esports business with the acquisition of 100% Nautilus Mobile. Also Read — PUBG New State Lunar New Year Celebration is now live: Here's how to get all rewards

This will be Krafton’s first investment in an India-based game developer. In a statement, the studio said, “Krafton has continued to invest in contributing to the development of India’s digital ecosystem, and will continue to expand its direct investments in the gaming market.” Also Read — PUBG New State is now New State Mobile: Is Krafton distancing the game from PUBG?

Rajan Navani, President of Nautilus Mobile, said, “As pandemics are further accelerating the development of the Indian mobile gaming market, we are pleased to be able to accelerate the future of Nautilus Mobile through this investment acquisition,” adding, “The goal is to expand Nautilus Mobile’s gaming portfolio