Esports firm Nodwin Gaming has raised Rs164 Cr in equity investment from South Korean gaming firm Krafton which has picked up a minority stake in the company. Krafton is best known for intellectual properties and games such as PlayerUnknown Battlegrounds (PUBG), TERA, Golf King, Castle Burn among others.
The company intends to channelize these funds to accelerate the development of esports in South Asia, Middle East and Africa, support talent, provide better gaming infrastructure and technology and conceptualise.
