KRAFTON India has launched KRAFTON India Gaming Incubator (KIGI). As per the company, the call-for-entries are beginning from today onwards.
Additionally, the program has been launched to stimulate and expand the gaming ecosystem.
Moreover, KIGI aims to incubate 6-10 teams annually and the program duration will range between six months to one year, providing selected startups with guidance, mentorship, and access to KRAFTON’s resources. However, the financial support offered through the incubator program will range between USD 50,000-150,000, depending on the needs of the incubated ventures, Financial Express reported.
Furthermore, the selected participants in KIGI will be mentored by gaming industry executives, game builders, and industry experts from South Korea as well as from India. They will also receive access to KRAFTON’s internal resources, including data analytics and market research, among others.
Talking about the launch, Sean Hyunil Sohn, CEO, of KRAFTON India, said “At KRAFTON, we recognize the potential that India holds 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 happy 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.”