New Delhi, Aug. 14 -- Korea-headquartered global gaming firm Krafton, which operates India's top-grossing mobile game Battlegrounds Mobile India (BGMI), will invest in five venture capital funds as a limited partner, alongside about half a dozen startup investments in India by the end of 2026.

The catch: instead of gaming, Krafton's focus in India will be on consumer internet platforms and artificial intelligence, as its total investments in India hit $900 million this year.

The firm's focus in India, a top executive at the company said, is to play the role of a strategic investor. For this, the company has earmarked $50-60 million to invest in VC funds as well as startups directly.

"We're in the final closing stages of funding two fun...