PUBG makers to invest $22.4 million in India's Nodwin Gaming

PUBG makers to invest $22.4 million in India’s Nodwin Gaming

Representational-pubg-mobile

The brain behind the famous game PUBG, which was banned by the government of India in the month of September amid concerns to national security is all set to re-enter the Indian market. PUBG Corp led by the South Korea based firm Krafton has invested $22.4 million in the Indian gaming firm Nodwin Gaming.

Akshat Rathee, co-founder and managing director of the Indian firm said,” With Krafton coming on board, we have an endorsment from the mecca of gaming and esports, South Korea; on what we are building from India for the world based on our competence in mobile first markets”.

Earlier the PUBG Corporation cleared in the month of November that it will be making its comeback in the Indian market with a local subsidairy and a new game. The gaming leader also said that they will be investing a sum of $100 million in India to nurture the home grown video games, esports, entertaintment and IT industry in the country.

CEO of Krafton, Changhan Kim said that the company is looking forward to collaborate with the Gurugram-based Nodwin Gaming to help foster the esport ecosystem and engage with the fans and the players in India.

Earlier to lift the ban on the PUBG Corp, the parent Krafton decided to no longer authorise the PUBG mobile franchise to China based Tecent Games in India.

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