KRAFTON

KRAFTON

Develops and publishes cross-platform games

Overview

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.

About KRAFTON

Simplify's Rating
Why KRAFTON is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Entertainment

Gaming

Company Size

51-200

Company Stage

IPO

Headquarters

Seongnam-si, South Korea

Founded

2007

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Simplify's Take

What believers are saying

  • Q2 2026 revenue reached KRW 1.29 trillion, up 94.9% year over year.
  • H1 2026 operating profit hit KRW 972.5 billion, while buybacks totaled KRW 399.6 billion.
  • Subnautica 2's 5 million-unit launch and KRAFTON's 2027 title pipeline diversify growth.

What critics are saying

  • March 16, 2026 Delaware court found KRAFTON breached Unknown Worlds terms, exposing damages.
  • January 2026 voluntary resignations cut 271 employees, hitting RisingWings and Bluehole hardest.
  • PUBG dependency remains existential: one franchise slump would crush cash flow and hiring.

What makes KRAFTON unique

  • PUBG: BATTLEGROUNDS still anchors KRAFTON, with Jujutsu Kaisen collaboration in 43.1.
  • Subnautica 2 hit 5 million units in 22 days after May 15, 2026 Early Access.
  • KRAFTON India localizes BGMI with Indian characters, maps, and prize paths for India.

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Funding

Total Funding

$4.3B

Above

Industry Average

Funded Over

2 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Stock Price

Company News

New Delhi News
Sep 22nd, 2026
BGMI adds the Snow Blush Backpack to its redeem code series on September 22.

BGMI adds the Snow Blush Backpack to its redeem code series on September 22. ANI 22 Sep 2026, 22:29 GMT+ HT Syndication Bengaluru (Karnataka) [India], September 22: KRAFTON India continues its latest redeem code series with the Snow Blush Backpack, bringing a cool-weather aesthetic to BGMI's cosmetic lineup. The release comes alongside BGMI's 4.6 Update, which has brought the immersive Midnight Hunters theme mode live in-game, while Kiaraa's in-game activity remains ahead for players. The returning Ocean Odyssey mode also gives players another aquatic-themed experience to explore. Finished in a soft icy-white shell with rose-pink accents and frosted trim detailing, the Snow Blush Backpack delivers a wintry, pastel-toned look for the battlefield. The drop includes 50 redeem codes, each unlocking a set of limited-time rewards, with one final redeem code drop set to follow on September 23. Redeem codes are valid until September 25 and can be redeemed through BGMI's official website only. General Redeem Codes 1. MIZBZUKU763E73FM2. MIZCZPU7DBSFB5WV3. MIZDZVA9FMQFNTP84. MIZEZWQWRUR7R84A5. MIZFZAF8EPAXKE696. MIZGZ7VW6URVEWXE7. MIZHZBKETV8WFTMJ8. MIZIZ6UDR4ESFNF49. MIZJZQ6AAENXFDM910. MIZKZ86DQDPBBGWM11. MIZLZ8NUD8ASB6G612. MIZMZ69333MQ6KXM13. MIZNZXADW6QN6TAP14. MIZOZ3M69DFWVWWQ15. MIZPZPHTJBJ3AGJB16. MIZQZATHKC4UAJQN17. MIZRZ3VSXD5U8WGX18. MIZVZDJ848TDFRPR19. MIZTZTDCJTVTT6QE20. MIZUZC57KMTSUT9S21. MIZBAZNATCWBH5DK22. MIZBBZB7DJ7PS8TW23. MIZBCZCGGMKWBFH924. MIZBDZCNCDAAMFD725. MIZBEZK579HT7EUG26. MIZBFZHHARRHCJQQ27. MIZBGZAA8RJ4FPAP28. MIZBHZ3KWS4QTKMQ29. MIZBIZB9QESQUEMU30. MIZBJZSXWUS6B3FU31. MIZBKZUNW44J4CQH32. MIZBLZN3KC6ANNQH33. MIZBMZ69PGS38TGT34. MIZBNZQEX6AVDS8E35. MIZBOZS99XU9MU4636. MIZBPZB79TTUA8KN37. MIZBQZTTEXGH9GRH38. MIZBRZXP5KXP6P9Q39. MIZBVZNRS3RKW9NH40. MIZBTZNUA9PM59EK41. MIZBUZNV7TGTRTRN42. MIZCAZW5CE537JV343. MIZCBZAJJPCJWHMQ44. MIZCCZT6WUCNAAVS45. MIZCDZC5KA3EJGH846. MIZCEZW3D9RWEWMN47. MIZCFZMREMSNRKWB48. MIZCGZSSHRTDK5SD49. MIZCHZBSFMF5J78K50. MIZCIZQX5PVCBH9A 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.)

The Chosun Ilbo
Sep 22nd, 2026
Krafton apologizes for 'bangplay' scandal, operational failures.

Krafton apologizes for 'bangplay' scandal, operational failures. Krafton's delayed response to Vietnamese team's live broadcast use led to Korean boycott, sponsor withdrawals Updated 2026.09.22. 16:41 Domestic game developer Krafton has belatedly apologized for issues that arose during an Asian regional tournament for its flagship IP, *PUBG: Battlegrounds*. The controversy, involving allegations of "bangplay" (broadcast play) by a Vietnamese team and delayed responses, unfolded four days prior. Yoon Soo-jin, Krafton's head of PUBG publishing, posted an apology on the official *Battlegrounds* Naver Cafe on the night of the 21st, acknowledging responsibility for the operational and communication failures during the *PUBG Asia Stars* tournament. In the statement, she wrote, "Krafton bears responsibility for causing and exacerbating this situation," adding, "We failed to establish clear preventive measures, criteria, or sanctions for the use of external game information beforehand." She also admitted, "When Korean participants raised fairness concerns and threatened to boycott, we dismissed their actions as mere 'withdrawals' and failed to protect the players and their teams. We also did not prevent the escalation of harm toward individuals." Krafton attributed the crisis to operational and communication failures. It confirmed that two Vietnamese players, Tran Tan Vu and La Phuong Tien Dat, had used personal broadcasts to monitor live commentary and relay the locations of Korean team members to their teammates. Disciplinary actions against the two are underway, with results to be announced separately. Additionally, Krafton stated, "If legal actions are pursued by participants, we will faithfully share all evidence and investigation details to clarify facts and cooperate fully with necessary procedures." Meanwhile, netizens flooded the apology post with critical comments. One user wrote, "A streamer is facing endless insults, death threats, and deepfake-based sexual harassment. How will you take responsibility?" Another accused, "You only apologized after sponsors started pulling out one by one." Earlier, during the *PUBG Asia Stars* tournament held on September 17, two Vietnamese players were caught using a separate screen to watch live broadcasts and share Korean team locations. Korean teams and fans presented evidence of the unfair advantage to organizers, prompting the Vietnamese team to admit to using external information. However, Krafton's delayed response fueled accusations of compromised fairness, leading all Korean team members to boycott the event. Subsequently, companies partnered with PUBG Esports (Krafton's esports brand) paused sponsorship activities and promotions. Some Vietnamese players and fans reportedly mocked Korea on social media and engaged in collective sexual harassment targeting female Korean team members. · This article has been translated by Upstage Solar AI. 원문보기 (View Original Korean Article) Editor's Pick

Enduins
Sep 22nd, 2026
KRAFTON and Ashforge Game launch closed beta for mobile shooter BLAST.

KRAFTON and Ashforge Game launch closed beta for mobile shooter BLAST. Publisher KRAFTON and developer Ashforge Game have initiated a closed beta test for BLAST: Gun Shooting Game 5v5 on Android platforms. Currently exclusive to players in India via the Google Play Store, the title delivers fast-paced, 5v5 team deathmatch battles optimized for quick mobile sessions. Hero rosters, weaponry, and combat mechanics. BLAST centers on gunplay-focused tactical combat while incorporating distinct character abilities: * Hero Selection: Players can choose from 10 distinct heroes, each equipped with a unique Signature ability and an Ultimate ability. * Weapon Arsenal: Features 14 firearms spanning assault rifles, SMGs, shotguns, DMRs, snipers, and sidearms. * Match Design: Short team deathmatch rounds on three launching maps designed to wrap up within 5 to 8 minutes. Technical performance and regional rollout. Engineered as a lightweight mobile title under 200 MB, BLAST supports high-frame-rate gameplay up to 120 FPS on compatible Android devices. KRAFTON has not yet revealed details regarding an iOS release window or expanded global beta testing schedules.

Press Trust of India
Sep 21st, 2026
KRAFTON India's Real Cricket 5.3 update introduces new One-Over (six ball) duel PvP mode.

KRAFTON India's Real Cricket 5.3 update introduces new One-Over (six ball) duel PvP mode. Monday, Sep 21, 2026 14:39:36 | KRAFTON India The update also refreshes the game with a new multiplayer season, revamped player cards and updated tournament squads across a packed international cricket calendar Bengaluru, September 21, 2026: KRAFTON India today rolled out the Real Cricket 5.3 update, headlined by One-Over Duel - a new asynchronous player-versus-player mode that compresses an entire contest into a single, six-ball over. The update also brings a new competitive multiplayer season, a redesigned player card interface, and squad updates across several international cricket tours and tournaments, keeping the game's rosters in step with the cricket India is watching right now. "The hardest part of competitive play on mobile has never been cricket - it's getting two people online at the same moment," said Anuj Sahani, Head of KRAFTON Incubator Program & Director, Publishing, KRAFTON India. "We built One-Over Duel to be asynchronous precisely so that barrier disappears: you send a challenge, and your rival answers on their own time. That reflects how we're thinking about Real Cricket's next chapter under KRAFTON - lowering the bar to real, head-to-head competition so it fits the moments players already have, rather than asking them to schedule their day around a match.Together with the refreshed multiplayer season and updated squads, this update gives players even more reasons to return to Real Cricket and stay connected to the cricket they follow." What's New in the September Update One-Over Duel: Six Balls, One Over, One Winner Real Cricket introduces One-Over Duel, a new asynchronous 1v1 PvP mode where players compete in a single over of batting. Rather than playing live, head-to-head, each player bats independently, and whoever scores more runs across their over wins the duel, with an innings ending early if a player loses two wickets. Players can challenge opponents anytime, anywhere, without needing both sides online at the same time; the rival is simply notified to play their turn. Winning duels earns XP and exclusive milestone rewards, giving players a fast, accessible competitive format built for a quick match between overs of their day. Multiplayer Season Update A new competitive multiplayer season is now live, giving players a fresh leaderboard to climb as part of Real Cricket's ongoing competitive progression. Multiplayer Card UI Refresh Multiplayer player cards have been revamped with an updated look and feel, aimed at delivering a sharper, more immersive experience for players. Tournament Squad Updates Squads have been updated across several key cricket tournaments and series, including the International squad update, USA Cricket league, West Indies Premier League, Lanka Super League- keeping the game's rosters aligned with current international cricket. Availability The Real Cricket 5.3 update is live now for all players on Android and iOS. Together, the additions reflect Real Cricket's continued focus on giving players faster, more competitive ways to engage with the sport, whether they have a spare minute for a quick duel or want to track their favourite teams through the current cricket calendar. 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 Montréal 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. (Disclaimer: The above press release comes to you under an arrangement with NRDPL. PTI takes no editorial responsibility for the same.)

Business News This Week
Sep 19th, 2026
New BGMI Redeem Codes arrive September 19, unlocking the Meadows Backpack.

New BGMI Redeem Codes arrive September 19, unlocking the Meadows Backpack. * -A fresh drop brings BGMI players the nature-inspired Meadows Backpack. * -Codes valid through September 25 | Redeem only at: www.battlegroundsmobileindia.com/redeem Bengaluru, 19 September 2026: BGMI's redeem code calendar continues with KRAFTON India's release of the Meadows Backpack, adding a fresh, outdoorsy accessory to players' collections. Send Money Overseas This week's drop comes alongside the ongoing rollout of BGMI's 4.6 Update, which has brought the atmospheric Midnight Hunters theme mode into the game, giving players a fresh, nocturnal edge to their matches, and has set the stage for Kiaraa's upcoming in-game activity, expected to add another layer of content in the days ahead. The returning Ocean Odyssey mode also remains live for players looking to explore its aquatic world once more, offering a change of pace from the battlegrounds with its underwater setting and themed challenges. Discover more Take Journalism Courses Launch Ad Campaigns The Meadows Backpack draws its look from open grassland, featuring a soft green canvas, floral embroidery, and woven strap detailing for a laid-back, nature-inspired finish. This drop includes 50 redeem codes, each unlocking a share of limited-time in-game rewards. Redeem codes are valid until September 25 and can be redeemed through BGMI's official website only. General Redeem Codes * 1.MGZBZAMVR8ASKXTH * 2.MGZCZ7UHCKX464NK * 3.MGZDZVT8HKUD7584 * 4.MGZEZP5FD7PSUHMA * 5.MGZFZAB6RUD9XX6Q * 6.MGZGZG7M39A5MU5H * 7.MGZHZB964WE9QWTC * 8.MGZIZQSDWQ9VGHNU * 9.MGZJZE5MAUKUU8QQ * 10.MGZKZN657EWHKPCB * 11.MGZLZQ4H78XNW8QV * 12.MGZMZT5VDR3K6FAB * 13.MGZNZWMCRE7S6S67 * 14.MGZOZ8G9AGRA39Q9 * 15.MGZPZAH6PUCNECRH * 16.MGZQZHVR7FMTMAC6 * 17.MGZRZC975DG4J9UQ * 18.MGZVZ37RM36K67FC * 19.MGZTZQAWSJ6GCPBX * 20.MGZUZTPGACKDMMJD * 21.MGZBAZ495BAA6RUC * 22.MGZBBZNSARB74DAM * 23.MGZBCZM6MHFXQ5CJ * 24.MGZBDZM8U9WEWJQS * 25.MGZBEZ395NUKFTF4 * 26.MGZBFZ75ED7TEWGN * 27.MGZBGZN6G5XMKQM9 * 28.MGZBHZWVJEQF8J56 * 29.MGZBIZT3BEWKGR7S * 30.MGZBJZWXS8JJKWBM * 31.MGZBKZ5GVF8XC85F * 32.MGZBLZQ8NNVFHSRJ * 33.MGZBMZ4AG7DPAXEX * 34.MGZBNZT7Q7JRSMR7 * 35.MGZBOZ3RNXKRQE6Q * 36.MGZBPZKW3D6W4FE5 * 37.MGZBQZ67BKA6UBVU * 38.MGZBRZ63QGV4GCER * 39.MGZBVZGARSFSED8H * 40.MGZBTZ4MRECBE5FW * 41.MGZBUZP5XTVJBRN4 * 42.MGZCAZ8QBWMDF7UQ * 43.MGZCBZSK4K8N74TH * 44.MGZCCZXWT3VQJBJF * 45.MGZCDZPWC39UUXHS * 46.MGZCEZKPASCD6DQQ * 47.MGZCFZJT5XTUWCEJ * 48.MGZCGZMW3DQAPNB9 * 49.MGZCHZA8FTDX6NT4 * 50.MGZCIZDW38WEWC7D Steps to Redeem Players can follow these simple steps to claim their rewards: * Step 1: Visit the BGMI Redeem Centre at www.battlegroundsmobileindia.com/redeem * 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 Montréal 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.

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