Krafton, known for being behind PlayerUnknown’s Battlegrounds (PUBG) on mobile, PC, and consoles, has announced that it has donated Rs. 1.5 crore to Prime Minister Narendra Modi’s PM Cares fund. The company’s announcement was made earlier today, where it stated that the contribution was made via Krafton’s Indian subsidiary.
“India is navigating a challenging time with the current wave of COVID-19,” said Krafton CEO Changhan Kim in the statement. “We remain committed to supporting the efforts of the Government in battling this unprecedented crisis. We hope our contribution to the PM CARES Fund will help the aid efforts currently operational on ground.”
With the contribution to the PM Cares fund, Krafton states that it wishes to join hands with the Indian government in its fight against the ongoing Covid-19 pandemic.
Recently, Krafton had filed for an initial public offering (IPO) in its home country of South Korea. Its filings also revealed that Tencent is Krafton’s second-largest shareholder, with a stake of 15.5 percent. The largest shareholder is Krafton founder Chang Byung-gyu, holding a 16.4 percent stake as of the end of 2020.
During the Indian Gaming Show and Conference 2021 Sean Hyunil Sohn, Head Corporate Development at Krafton remarked on a possible PUBG Mobile return. This happened during an industry fireside chat with Nodwin boss Akshat Rathee.
“I cannot really tell timing or anything because we don’t know yet,” Sohn said in response to Rathee who asked if PUBG Mobile would be returning to India. “We care about Indian market greatly. We will work hard to make it happen.”