KRAFTON India, a gaming company, announced on Thursday that it will release new games by the end of 2023. Road to Valor: Empire, New State Mobile, and Battlegrounds Mobile India (BGMI) are some of the company’s other games.

With over 15 crore downloads, BGMI remains KRAFTON India’s most successful gaming title. “We have a few games in the works for publication. We have not made a final decision. I believe we could launch one or two games this year,” said Sean Hyunil Sohn, CEO of KRAFTON India.

On the back of launching new games, KRAFTON India also announced its plan to invest approximately $150 million in the gaming and the deep tech space. The company has more than 10 portfolio companies having investments in companies including NODWIN gaming, Loco, Nautilus Mobile, LILA Games, Frnd, among others, IANS reported.

The company intends to invest in deep tech and AI space. “This is not a fixed allocation but we would like to invest one-third of the investment to our portfolio companies in subsequent rounds to support them to expedite their growth, the other one-third of the investment would go to new investment opportunities in gaming and adjacent areas and lastly, we would like to invest in spaces like deep tech and artificial intelligence (AI),” Sohn added.

As a part of the company’s esports roadmap, Battlegrounds India Mobile Series (BGIS) recorded more than 6.4 lakh participants.

The competition is being broadcasted on JioCinema recording approximately 33 million views for ‘The Grind’. The company has announced a LAN final in Mumbai. The future plans include a Road to Valor: Empire open championship with a prize pool of Rs 10 lakh. The company will also organise a India and South Korea friendly BGMI match sometime around the end of the year.