Krafton creates BGMI ignites ‘Gaming Incubator’ programme with $150K in India
Gaming Incubator programme aims to nurture and expand India's gaming community, assisting 6-10 teams annually over six months to a year
Highlights
- Krafton launches the KRAFTON India Gaming Incubator (KIGI) programme, aiming to nurture India's gaming community
- KIGI participants can choose to self-publish their games or seek venture capital funding after completing the programme
- KIGI offers mentorship from gaming industry experts and financial support ranging from $50,000 to $150,000
Krafton, the creator of BGMI (Battlegrounds Mobile India), has unveiled an exciting initiative called the KRAFTON India Gaming Incubator (KIGI). This move aims to nurture and expand India's gaming community.
KIGI is a programme that will run for six months to a year, with the goal of assisting 6-10 teams annually. These teams will receive guidance and access to Krafton's internal resources, including valuable data analytics and market research.
After completing the programme, participants can choose to either self-publish their games or seek venture capital funding from external investors and Krafton.
In an interview with TechCrunch,
Given the huge demand for gaming content [in India], the supply side has yet to mature. There are many great startups and small- to medium-sized and large-size game developers, but I think in the ecosystem, there is a lack of diversity.
Leadership of KIGI
The KIGI programme will be led by Anuj Sahani, a former executive from Gameloft and Electronic Arts.
In response to the launch, Sahani expressed enthusiasm, saying,
We're thrilled to announce the launch of the Krafton India Gaming Incubator, aimed at nurturing and empowering the vibrant gaming talent in our local ecosystem
Focus areas and exclusions
KIGI will primarily focus on ventures eager to scale, open to mentorship, passionate about game development, and interested in potential future funding. It's important to note that this initiative will not consider gambling or real-money gaming entities.
Mentors and support
Participants in the KIGI programme will receive mentorship from respected gaming executives and industry experts. These include Dave Curd, the creative director of PUBG Studios, and Harns Kim, a game producer at KRAFTON.
Financial support
Financial support through KIGI will range from $50,000 to $150,000, depending on the specific needs of the companies involved. Krafton is actively seeking early-stage startups, students, and independent developers for this new initiative.
Krafton's KIGI initiative aims to foster innovation and growth within India's gaming industry, supporting aspiring talents in the country's vibrant gaming ecosystem.
