Krafton India, BGMI-maker launched Krafton India Gaming Incubator (KIGI). With the call-for-entries beginning today, the program has been launched with the aim of stimulating and actively expanding the fast-growing gaming ecosystem, currently operating in Asia’s third-largest economy.
Krafton India has launched a gaming incubator in the South Asian nation as it seeks to expand the local ecosystem and support the domestic talent looking to enter the fast-growing gaming market, according to media reprots.
Krafton India Gaming Incubator (KIGI), the program aims to support six to 10 teams annually, with the total duration ranging from six months to a year. Selected participants will get guidance, mentorship, access to Krafton’s resources and financial support, typically between USD 50,000 and USD 150,000, depending on their needs, the company said on Wednesday.
KIGI is actively looking at early-stage startups, even those that are at the conception stage. Student teams and independent developers will also be actively considered for the incubation program.
Sean Hyunil Sohn, CEO, Krafton India, said “At Krafton, we recognise India’s immense potential in the global gaming landscape. Krafton India Gaming Incubator is a testament to our commitment to fostering creativity and innovation within the Indian gaming industry. Through the program, we hope to further develop the country’s capabilities in game development. We are excited to nurture the next generation of gaming talent in the country as well as mentor them in line with the government’s ambition of skilling the Indian workforce and increasing employability.”
The selected participants in KIGI will be mentored by renowned gaming industry executives, game builders and industry experts from South Korea, one of the world’s leading gaming ecosystems, as well as from India. Participants will also receive access to Krafton’s vast internal resources, including data analytics and market research, among others, to further build their respective products, the company said in a statement.
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