India's Nodwin Gaming raises $22.4 million from PUBG creator Krafton
PUBG Mobile developer Krafton has invested $22.4 million in the homegrown esports company Nodwin Gaming, the media reported on Tuesday. According to TechCrunch, the aim is to "maintain some presence in what was once its key overseas market" after the ban on PUBG along with several other Chinese apps last year (although Krafton is a South Korea-based firm). "With Krafton coming on board, we have an endorsement from the mecca of gaming and esports -- South Korea -- on what we are building from India for the world based on our competence in mobile first markets," Akshat Rathee, co-founder and ...
Source: business-standard.com