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Krafton leads investment round in India studio Deftouch to scale King and develop new games

Krafton India co-led the round alongside T-accelerate Capital and Lumikai Fund
Krafton leads investment round in India studio Deftouch to scale King and develop new games
Date Type Companies Involved Size
Oct 14, 2024 investment Krafton Not disclosed
  • The round included contributions from existing investors Visceral Capital and Play Venture.
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India-based mobile games publisher Deftouch has raised a round of investment as the company looks to expand its operations.

As reported by Inc42, Deftouch will use its newly secured funds to scale the King of Cricket game, grow the team and develop new titles. 

The funding round was led by Krafton India, T-accelerate Capital and Lumikai Fund, with contributions from existing investors Visceral Capital and Play Ventures. The investment figure was not disclosed.

Aside from King of Cricket, Deftouch's portfolio features other games like Cricket Star, RCB Cricket and All Star Cricket.

Taking bold steps 

Deftouch co-founder and CEO Ninad Bhagwat said the funds will also go towards new features as “we love to experiment with bold concepts".

“Even though we are building a cricket game right now, we like to experiment a lot with features that might unlock certain monetisation schemes and so on," said Bhagwat.

“We are super excited to have on board Krafton India, T-Accelerate Capital and Visceral Capital. Their extensive industry knowledge and experience will help take us to our next milestones.

“We are also proud that Lumikai Fund and Play Ventures have shown continued support in this round, they have played an important role in our traction so far.”