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KRAFTON Backs South Korean IMM’s India Fund To Boost Startups

  • KRAFTON India has become the anchor investor in IMM India Fund by South Korea's IMM Investment.
  • IMM Investment's India-focused fund aims to support growth stage Indian companies in sectors like consumer tech, SaaS, fintech, gaming, media, and deeptech.
  • The IMM India Fund has made its first investment in Vellvette Lifestyle, the parent company of Sugar Cosmetics.
  • KRAFTON India has invested approximately $170 Mn in various Indian startups, and the collaboration with IMM Investment aims to accelerate growth for Indian startups.

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