Krafton India has launched KRAFTON India Gaming Incubator (KIGI) as the BGMI maker aims to bolster its presence in the country and boost India's growth in the game development sector.
The program will focus on nurturing early-stage startups, including those at the conceptual or idea stage, as well as student teams and independent developers.
The program, lasting between six months to a year, will provide support to 6-10 teams annually.
During this period, Krafton will mentor the teams and provide them access to the company's internal resources, such as data analytics and market research.
Upon concluding the program, participants can choose to self-publish their games or pursue venture capital funding from Krafton and external investors.
KIGI, spearheaded by former executive Anuj Sahani and the South Korean gaming giant, will target ventures keen on scaling, mentorship, game development, and exploring future funding opportunities, excluding those focused on gambling and realmoney gaming.
Additionally, it will also provide financial support ranging between $50,000 and $150,000, depending on the startup's needs.
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