Krafton unveils Krafton India Gaming Incubator
Gameloft and EA veteran Anuj Sahani is appointed head of the new program
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Krafton India has launched a new program to support domestic talent.
As reported by Tech Crunch, the Krafton India Gaming Incubator aims to aid six to ten game development teams annually. The period will range from six months to a year.
Participating game makers will receive mentorship and monetary support ranging from $50,000 to $150,000 based on the studio’s needs.
Among the requirements, the initiative will not select developers whose titles include gambling content.
The announcement also included news that Anuj Sahani, formerly of Gameloft and EA, will oversee the incubator program.
"Given the huge demand for gaming content [in India], the supply side has yet to mature. There are many great startups and small- to medium-sized and large-size game developers, but I think in the ecosystem, there is a lack of diversity," said Krafton India CEO Sean Hyunil Sohn.
Additionally, Krafton can also fund game studios that have graduated from the program via its pledge of $150 million investment for the Indian game market.