Krafton, Naver, and Mirae Asset launch a $720 million fund for high-growth Indian startups, including those in AI and deeptech.
Why it matters
This significant investment from major global players into India's startup ecosystem, with a specific mention of AI and deeptech, signals strong confidence in the growth potential of Indian technology companies. It provides crucial capital for AI-focused startups to scale, innovate, and potentially become future technology leaders, contributing to India's position in the global AI landscape.
Big companies from South Korea are investing a lot of money into Indian startups. Some of this money will go to new companies that are building artificial intelligence (AI) and advanced technology.
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