South Korean tech giants KRAFTON Inc. and Naver Corporation have partnered with Mirae Asset Venture Investments to officially launch a ₹6,000 crore India focused Unicorn Growth Fund, marking one of the largest Asia backed capital pools for Indian startups.
The launch follows a high level meeting attended by Piyush Goyal, Republic of Korea’s Trade Minister Jung Kwan Kim, and senior leadership from KRAFTON, Naver, and Mirae Asset.
The fund will target growth stage Indian startups across four key sectors:
- Technology platforms: consumer internet, digital marketplaces, next-gen infrastructure
- Consumer discretionary: digitally native brands and new-age consumption businesses
- AI and software: generative AI, enterprise SaaS, and developer tools
- Deep tech: semiconductors, space tech, robotics, and advanced materials
The initiative aims to back category leading Indian startups with global ambitions, while leveraging KRAFTON and Naver’s expertise in gaming, platforms, and AI, along with access to Asian markets.
The fund will be managed by Mirae Asset Venture Investments, which brings experience in backing Indian startups across fintech, mobility, healthtech, consumer internet, and AI.
According to Puneet Kumar, India is at an inflection point, poised to produce the next generation of global technology leaders over the coming decade.
The launch underscores rising interest from global investors, particularly from Asia, in tapping into India’s startup ecosystem, digital economy, and innovation led growth.
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