Battlegrounds Mobile India

And there are a lot of synergies in number of ecosystems here.

I think Krafton obviously has strong presence in India through PUBG and BGMI.

But Naver wants to do more in India.

And so our goal is given our South Korean heritage, I think we want to be that bridge between capital available in Korea that can be deployed in India.

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Let's jump straight into the world of gaming where KRAFTON India has just released the BGMI 4.6 update.

Fans of Battlegrounds Mobile India will notice an exciting transformation with this update, which introduces the highly anticipated Vampire Mode.

Here, players can harness unique vampiric abilities, injecting new strategies and energy into the familiar battlegrounds.

His grandparents' phones, though, are not.

That's how he plays Free Fire Max, BGMI or Battlegrounds Mobile India, Call of Duty Mobile, eFootball, Clash Royale.

You name it, he has probably played it.

The games range from battle royales and football simulations to shooters and strategy games, each with its own in-game economies designed to keep players spending.

A Delhi-based gaming company executive explained that games have perfected a spending ladder where the first step is deliberately tiny.

Once you're inside though, there's always another skin, another spin, another crate, and another limited time reward.

In BGMI, for example, you can enter the economy for as less as 15 rupees.

UC, the game's virtual currency, buys you outfits, skins, royale passes that allow special missions, spins, and crates.

Well, Levandowski was convicted of stealing trade secrets and sentenced to eighteen months in prison, but was then pardoned by President Donald Trump.

[upbeat music] Krafton, the South Korean gaming company behind titles including PUBG and Battlegrounds Mobile India, plans to invest another two hundred and fifty million dollars in India over the next three to four years as it pushes beyond gaming into AI, robotics, and deep tech.

Announced last week, the new commitment will take Krafton's total planned investment in India to more than five hundred million dollars, including the over two hundred and fifty million dollars it had already invested in the country since twenty twenty-one.

The funds also come in addition to Krafton's commitment to a six hundred and seventy million dollar India-focused growth fund it unveiled with South Korean internet conglomerate Naver and investor Mirae Asset in December of last year.