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Krafton is a group of independent game studios that develop and publish video games for PC, console, and mobile. Games are created by studios under Krafton’s umbrella and monetized through game sales, in-game purchases, and licensing. Its portfolio includes PUBG and ongoing development and esports initiatives across global markets, supported by publishing, technology investments, and licensing partnerships. Krafton differentiates itself by coordinating multiple studios to deliver diverse games and a culture of creativity and challenge, aiming to connect people through shared entertainment across platforms.
Industries
Consumer Software
Entertainment
Gaming
Company Size
51-200
Company Stage
IPO
Headquarters
Seongnam-si, South Korea
Founded
2007
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Total Funding
$4.3B
Above
Industry Average
Funded Over
2 Rounds
Hybrid Work Options
Bobble AI has entered the Corporate Insolvency Resolution Process after India's National Company Law Tribunal admitted a petition against its parent company, Talent Unlimited Online Services, over a default of ₹5.77 crore. The case was filed by Axis Trustee Services following the company's failure to repay secured non-convertible debentures originally issued for ₹25 crore in March 2023. The AI-powered conversation platform had raised ₹12.9 crore from South Korean gaming major Krafton in August 2025. Despite 25% revenue growth to ₹37.67 crore in FY2024, the company's losses widened 40% to ₹60.88 crore. Bobble AI acknowledged its inability to repay the debt, citing liquidity constraints and insufficient operating surplus. The tribunal appointed Manish Agarwal as Interim Resolution Professional to oversee the insolvency process.
BGMI Lite is coming to India by the end of 2026, krafton confirms. BGMI is one of, if not the most popular games in India, with new events and modes arriving every few months. While this keeps things fresh for everyone, not every phone can run BGMI smoothly because it's too heavy. And given that every phone today ships with less RAM, KRAFTON is bringing a lighter version of its popular battle royale game to the country. The company has officially announced that BGMI Lite is coming to India by the end of 2026, although details about its gameplay and hardware requirements are still under wraps. What is BGMI Lite? While KRAFTON hasn't explicitly said that BGMI Lite is designed for budget smartphones, a lighter version could make the game more accessible to users with older or entry-level devices. The standard BGMI experience can be demanding on smartphones with limited processing power, RAM, or storage. A less resource-intensive version could potentially allow more players to run the game smoothly without upgrading their phones. However, KRAFTON has not confirmed the system requirements or hardware targets for the game, so it's too early to say exactly which devices will support it. KRAFTON's previous experience with PUBG Mobile Lite offers some context for what a Lite version of BGMI could look like. PUBG Mobile Lite was launched in 2019 as a smaller version of PUBG Mobile for smartphones with limited hardware. It used a smaller installation size and reduced some aspects of the full game while retaining the core battle royale experience. The game featured a smaller map and supported up to 60 players, compared with 100 players in the standard PUBG Mobile. Matches were also considerably shorter, typically lasting around 10 minutes. That said, these specifications should not be treated as confirmed BGMI Lite features.
KRAFTON announces the return of PUBG Mobile Light, set to arrive later this year. It returns, finally! Anirban Ganguly August 17, 2026 Last Updated: August 17, 2026 0 3 minutes read Story Highlights * KRAFTON announces the much awaited comeback of the fan-favourite PUBG Mobile Light, set to cater a large chunk of players. * The game will come to the designated app-stores later in 2026 and the pre-registration process will begin on the 25th of August. After years of remaining stale and inactive, the much-awaited PUBG Mobile Light is finally making its grand comeback. The game is coming in a brand new avatar as the developers took to social media to make the announcement. As the name suggests, PUBG Mobile Light is a lighter version of PUBG Mobile, built for players who want a faster and more flexible way to experience one of the most popular battle royale titles in the world. The game is coming to designated app stores later in 2026, with pre-registration set to begin on August 25, 2026. In this article, I will share all the available information regarding the upcoming launch of PUBG Mobile Light. Get the same fun in a much smaller package in PUBG Mobile Light. The concept of a lighter version of a mobile game has always focused on inclusivity. It has always opened ways for players who weren't able to play the actual larger version of a particular game due to device constraints. Co-developed by Tencent Games and KRAFTON, the older version of PUBG Mobile Light tried to solve the same issue. Since it's launch in 2019, it had become a fan-favourite among a very large chunk of players. The game was very interactive and loaded with exciting features. However, from early 2020, the hype fizzled out due to inactivity from the developers and eventually became an abandoned game. Despite being a trimmed-down version of the original, PUBG Mobile Light stands strong on its own. It is designed for devices with limited storage and RAM, offering shorter matches, smaller maps, and faster gameplay. The Lite version also includes Arena modes, team-based play, and built-in anti-cheat systems. Pretty cool that this was announced just after the Battlegrounds Mobile India (BGMI) Lite confirmatiom. What makes the new version different. The new PUBG Mobile Light has several new features that are already creating a lot of buzz among the players. First of all, the initial data download size is only around 1 GB on Android and under 2 GB on iOS. There is no extra mandatory package download required before your first match. Once the initial download is complete, you can straight away hop into the battlegrounds. You can also choose which extra data packages you want to download manually. This feature will save a lot of storage on your phones. In my opinion, the feature that is going to play a crucial role in the success of this title is cross-matchmaking. PUBG Mobile Light will always remain connected to the PUBG Mobile database. The maps and other interactive features will be identical to the actual game to provide the same authentic experience. If you already have a PUBG Mobile account, you can log in with it on PUBG Mobile Light. Your existing items will carry over, and you will also be able to team up with your friends who are playing PUBG Mobile. The developers have also assured that PUBG Mobile Light will remain updated just like the PUBG Mobile title. As mentioned earlier, the game is all set to launch later this year, although no details about the launch timeline have been revealed. GamingonPhone will update this article if GamingonPhone get any additional information regarding PUBG Mobile Light, so keep an eye on this space. For more Mobile Gaming news and updates, join its WhatsApp Channel, Telegram Group, or Discord server. Also, follow GamingonPhone on Instagram, Twitter and Google News for quick updates.
Krafton, the South Korean company behind Battlegrounds Mobile India, is pivoting its Indian investment strategy from gaming to AI and consumer internet. The company has committed $900 million in total investments and plans to deploy $50-60 million annually into venture capital funds and around six startups by the end of 2026. The shift follows monetisation challenges in India's casual gaming market, which relies heavily on advertising revenue. Krafton is now targeting AI applications, particularly Indian-language voice tools, whilst seeking companies with commercial traction rather than speculative ventures. The company has previously invested in Indian startups including audio platform Kuku FM and payments firm Cashfree. Krafton is also co-anchoring the Unicorn Growth Fund with partners including Naver and Mirae Asset.
KRAFTON India unveils fresh BGMI Redeem Codes featuring exclusive Mecha Ant Backpack. ANI 13 Aug 2026, 15:03 GMT+ HT Syndication Bengaluru (Karnataka) [India], August 13: KRAFTON India today rolled out another set of redeem codes for BATTLEGROUNDS MOBILE INDIA (BGMI), giving players access to the exclusive Mecha Ant Backpack and a fresh assortment of in-game rewards from the game's landmark 5th Anniversary Edition 4.5 Update. BGMI 4.5 Update continues to expand BGMI's entertainment universe, with CarryMinati joining the Battlegrounds as a fully playable in-game character. The collaboration brings the creator to life through a dedicated World of Wonder (WOW) map, an exclusive Boss Battle and a collection designed by NotYourType, offering players new ways to experience the season beyond traditional gameplay. With more than 260 million registered Indian players, the latest code drop gives the community another opportunity to engage with the season's content at no cost. At the centre of this latest drop is the Mecha Ant Backpack, featuring a distinctive mechanical-inspired design that adds a fresh collectible to players' inventories. Alongside the marquee reward, the 50 redeem codes offer players access to a selection of additional limited-time in-game rewards, extending BGMI's ongoing efforts to bring exclusive content and community-focused rewards to its player base. Redeem codes are valid until September 25 and can be redeemed through BGMI's official website only. General Redeem Codes 1) LJZBZWMF36K3UBCS 2) LJZCZBEA8UQBV8X5 3) LJZDZEUDPWSW9DGF 4) LJZEZNX8RMGT87PG 5) LJZFZBAVJM46RSCR 6) LJZGZNCRD7G5G5X5 7) LJZHZDC8DFFQ98UT 8) LJZIZSRHRPU5PCAE 9) LJZJZ67JFJ9R56CJ 10) LJZKZ398SU47HMC6 11) LJZLZ6XESVG5DQKR 12) LJZMZJDDBFUBGJA4 13) LJZNZ9U46RRU48SE 14) LJZOZ569WKDUV56U 15) LJZPZDQC84QJPDER 16) LJZQZDSFK5J5TPB7 17) LJZRZCBUBQFV9AMP 18) LJZVZRMNVNBP8A93 19) LJZTZTMQGRQA33EG 20) LJZUZARWRP8HGAE6 21) LJZBAZXDEJMA7F3R 22) LJZBBZATJGD7XNXQ 23) LJZBCZAUENBTX7A8 24) LJZBDZ66JAUAHQVJ 25) LJZBEZC47E8XK4XD 26) LJZBFZXFG7CFGEHH 27) LJZBGZWCVFNQNVE3 28) LJZBHZAXQD96HHMM 29) LJZBIZVPUUGCP43G 30) LJZBJZFT9B7KBWMS 31) LJZBKZB7R7UVW7DV 32) LJZBLZ7WU3S7F3WE 33) LJZBMZTMX4H374U7 34) LJZBNZSKVTTRA4U4 35) LJZBOZR6C6CBUHQN 36) LJZBPZQ3J9WQRJP5 37) LJZBQZ6CWN5WKTNX 38) LJZBRZ4J3PXJ3SR3 39) LJZBVZW4NXF8Q7SP 40) LJZBTZ4TFQBKE5CF 41) LJZBUZBUAQS8NXRU 42) LJZCAZ8MS67X89RG 43) LJZCBZGF848NX8KB 44) LJZCCZFSABRFJ54S 45) LJZCDZQBE3P9CA6W 46) LJZCEZQTXTXJT48K 47) LJZCFZUFMU7CQPXH 48) LJZCGZJT8KT47XP6 49) LJZCHZHA7RNRXVHB 50) LJZCIZXNJD9D6Q48 Steps to Redeem Players can follow these simple steps to claim their rewards: - Step 2: Enter your Character ID. - Step 3: Enter the redemption code. - Step 4: Complete the verification (Captcha) and click Redeem. - Step 5: Eligible rewards will be delivered via in-game mail. Rules to Remember - Each redeem code can be used by a maximum of 10 users on a first-come, first-served basis. - Each user can redeem 1 code per day. - Each redemption code can only be redeemed once per account. - Expired codes can no longer be used. - Redeem codes cannot be used via guest accounts. - If a player successfully redeems a valid code, a confirmation message will be displayed. Once the redemption limit has been reached, users will receive an expiry notification. - Rewards from redeemed codes must be claimed within 30 days of being delivered via in-game mail, after which the mail will expire. For the latest updates, follow BGMI's official YouTube, Instagram and Facebook channels. About KRAFTON, Inc. Headquartered in Korea, KRAFTON, Inc. is a global game developer and publisher dedicated to pioneering unforgettable worlds for players everywhere. Founded in 2007, KRAFTON brings together a diverse portfolio of studios including PUBG STUDIOS, Striking Distance Studios, Unknown Worlds, Neon Giant, KRAFTON Montreal Studio, Bluehole Studio, RisingWings, 5minlab, Dreamotion, ReLU Games, Flyway Games, Tango Gameworks, inZOI Studio, JOFSOFT, Eleventh Hour Games, OmniCraft Labs, Olivetree Games, Loonshot Games, and 9B STUDIO. Each is united by a commitment to bold imagination and breakthrough game-making. KRAFTON's franchises and titles include PUBG: BATTLEGROUNDS, PUBG MOBILE, PUBG: BLINDSPOT, inZOI, Subnautica, MIMESIS, Hi-Fi Rush, Dinkum, TERA, My Little Puppy, and more. Guided by its vision to pioneer the path to players' dreams, KRAFTON is focused on building franchises that last and delivering experiences that resonate with players around the world. For more information, visit www.KRAFTON.com. About KRAFTON India KRAFTON India is responsible for delivering premier mobile gaming experiences in the country, led by its flagship title BATTLEGROUNDS MOBILE INDIA (BGMI), which has surpassed 260 million downloads. Its diverse portfolio also includes titles such as Bullet Echo India, Road To Valor: Empires, CookieRun India, and Real Cricket, catering to a wide spectrum of Indian gamers. Beyond publishing games, KRAFTON India is committed to strengthening the digital entertainment ecosystem. Since 2021, the company has invested over $250 million in Indian startups across interactive entertainment, gaming, esports, and technology. Furthermore, KRAFTON has also launched the KRAFTON India Unicorn Growth Fund, a Rs 6,000 crore fund, set up jointly with South Korean technology giant, Naver and financial services major Mirae Asset, and which is aimed at supporting high-potential startups and accelerating the growth of India's next generation of global technology leaders. The company also actively supports game development talent through the KRAFTON India Gaming Incubator (KIGI), enabling emerging developers with funding, mentorship, and strategic guidance. (ADVERTORIAL DISCLAIMER: The above press release has been provided by HT Syndication. ANI will not be responsible in any way for the content of the same.)
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Industries
Consumer Software
Entertainment
Gaming
Company Size
51-200
Company Stage
IPO
Headquarters
Seongnam-si, South Korea
Founded
2007
Find jobs on Simplify and start your career today