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KRAFTON Increases Stake In Nautilus Mobile To 75% With INR 118 Cr Investment

  • South Korean gaming giant KRAFTON's India arm has increased its stake in Nautilus Mobile with an investment of INR 118 Cr ($13.7 Mn).
  • With this, KRAFTON now holds a controlling stake of 75% in Nautilus Mobile, the creator of the 'Real Cricket' game.
  • KRAFTON India plans to continue investing in Indian gaming startups as part of its expansion strategy, aiming to capture a significant share of the market.
  • The Indian gaming sector generated approximately $3.8 Bn in revenue in fiscal year 2023-24.

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