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Krafton Acquires Majority Stake in Nautilus Mobile

  • Krafton, known for PUBG and BGMI, has acquired a controlling stake in Indian gaming studio Nautilus Mobile for $14 million.
  • Nautilus Mobile, based in Pune, is famous for its Real Cricket franchise, which has millions of downloads globally.
  • The studio will continue to operate independently, with all 45 employees remaining on its payroll.
  • JetSynthesys, the previous majority stakeholder, will retain a significant minority stake and continue collaborating with Nautilus Mobile, especially in esports.
  • Krafton India CEO Sean Hyunil Sohn emphasized the strategic importance of this acquisition, aiming to make India a global hub for game development.

Source: The Times Of India, Moneycontrol

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