Krafton and Naver Corporation, prominent South Korean technology firms, have launched a Unicorn Growth Fund, which has a corpus of ₹6,000 crore aimed at supporting Indian technology startups, according to a joint statement released on Tuesday. This fund is one of the largest capital pools focused on India ever raised by an Asian technology-centric platform.
The Unicorn Growth Fund, which will be managed and advised by Mirae Asset Venture Investments (MAVI), is positioned to tap into India’s burgeoning technology sector. Krafton CEO CH Kim emphasized India’s significance as a crucial market for Krafton, citing its scale and potential to evolve into a global hub for game development.
“With a strong base of young, skilled technology talent and improving digital infrastructure, we see India transitioning from a consumption-driven market to a creator economy for gaming. The Unicorn Growth Fund reflects our long-term commitment to this ecosystem,” Kim stated.
The fund’s launch followed a high-level meeting involving Indian Commerce and Industry Minister Piyush Goyal, South Korea’s Minister of Industry and Trade, Jung-Kwan Kim, along with the Global CEOs of Krafton and Naver, as well as the CEO of MAVI India.
Naver Corporation’s Global CEO, Soo-yeon Choi, noted that India is quickly establishing itself as a global hub for digital innovation, supported by exceptional talent and a dynamic startup ecosystem. “Building on our experience investing in leading Indian platforms, Naver sees strong potential to support the next generation of AI-driven companies with global ambition. Through the Unicorn Growth Fund, we aim to combine capital, technology, and strategic partnerships to help Indian innovators scale globally,” Choi added.
The fund will concentrate on four key themes poised to shape the upcoming decade of the Indian technology economy, including technology platforms such as consumer internet, digital marketplaces, and next-generation platform infrastructure.
Published on April 21, 2026
