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KRAFTON acquires controlling stake in Nautilus Mobile for Rs 118 Cr

  • South Korea-based KRAFTON has acquired a controlling stake in Pune-based game development studio Nautilus Mobile for Rs 118 crore.
  • The acquisition marks KRAFTON's first control deal in India and will allow Nautilus Mobile to tap into KRAFTON's global presence and technology.
  • JetSynthesys, the majority investor in Nautilus Mobile, will exit the studio, while remaining a minority investor and continuing to work with Nautilus in areas including esports.
  • KRAFTON has been making significant investments in the Indian gaming space, aiming for $150 million investments and planning to acquire two to three companies in India.

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