Unicorn Growth Fund by KRAFTON Fund I

Unicorn Growth Fund by KRAFTON

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Status

ACTIVE

Global HQ

Seoul, South Korea

Countries of investment

India
South Korea
United States
Japan
Singapore

Investment stages

Series B
Series C
Growth

Industries

Artificial Intelligence
Fintech
Content
Logistics
Consumer Goods
Sports
Media
Healthcare
Gaming
E-commerce

About
The Unicorn Growth Fund is a $670 million Asia-focused growth investment vehicle launched in 2026 as a joint effort between South Korean gaming company Krafton, internet conglomerate Naver, and financial services group Mirae Asset. Managed by Mirae Asset Venture India, the fund plans to deploy $15–30 million ticket sizes into approximately 10 Indian startups in 2026. Krafton has committed ₹1,230 crore in initial capital, building on its cumulative $250 million+ investment in India's digital entertainment ecosystem since 2021.

Min check size: $1M
Max check size: $50M
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Investment Thesis

The Unicorn Growth Fund focuses on backing growth-stage technology companies across Asia, with India positioned as the core investment market. The thesis targets breakthrough companies in AI, fintech, content, logistics, consumer goods, sports, media, and healthcare that are scaling beyond early traction into leadership positions.

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Manager's Experience

The Unicorn Growth Fund is led through a partnership structure, with Krafton — chaired by Chairman and Founder Changhan "CH" Kim — anchoring the fund alongside Naver and Mirae Asset Venture India. Day-to-day management is led by Mirae Asset Venture India, with Krafton's strategic direction driven by its CVC team that has cumulatively deployed over $250M into India's digital entertainment and technology ecosystem since 2021. The team combines Krafton's operating depth from building global hit PUBG: Battlegrounds with Mirae Asset's India deployment expertise.