Krafton acquires controlling stake in Nautilus Mobile for Rs 118 crore

Quick Summary:

Company's decision to acquire a controlling stake follows its initial investment of Rs 40.5 cr in Nautilus in 2022.

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The investment follows the South Korean gaming publisher’s strategy to strengthen its game development capabilities in the country and explore collaborative opportunities for game publishing.

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Article Details

Category: BusinessFinance

Markets: IndiaSouth Korea

Topics: Krafton Gaming companies Gaming Industry India Gaming studio Gaming industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 07:04:22 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 110 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27378370

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