Krafton, Naver and Mirae Asset announce ₹6,000 crore India-focused Unicorn Growth Fund
Krafton, Naver, and Mirae Asset Venture Investments have launched a ₹6,000 crore India-focused Unicorn Growth Fund to invest in late-stage startups. The fund will target sectors like AI, consumer tech, and deep tech with larger cheque sizes.
Krafton, Naver, and Mirae Asset Venture Investments have launched a ₹6,000 crore India-focused Unicorn Growth Fund. The fund will invest in late-stage startups ready to scale or move toward IPO, focusing on sectors like AI, consumer tech, and deep tech. Managed by Mirae Asset Venture Investments, the fund will invest in growth-stage companies with proven business models and strong revenue visibility. The investment strategy includes fewer but larger deals, with individual cheque sizes significantly higher than traditional venture rounds. The fund aims to support companies through their final stages of private growth before entering public markets, addressing a gap in India's startup financing cycle where late-stage capital has tightened.
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