- Advertisement -

PUBG creator Krafton invests $5 mn in Indian dating app 'FRND'

- Advertisement -

New Delhi, Dec 20 (IANS) Krafton Inc, the South Korean gaming giant behind the global smash hit “PlayerUnknown’s Battlegrounds” (PUBG), said on Monday that it has invested $5 million in the Indian dating app FRND.

The investment into FRND is part of a Series A round of funding worth $6.5 million that includes other investors, such as India Quotient and Elevation Capital, the company said.

- Advertisement -

Founded by three IIT Kanpur alumni — Bhanu Pratap Singh Tanwar, Hardik Bansal and Harshvardhan Chhangani — FRND is a dating app that allows users to connect with each other through one-on-one voice chat while playing games.

It currently provides services in 10 Indian languages and plans to expand to more languages through the investment, according to Krafton.

- Advertisement -

“The security features and state-of-the-art algorithms make FRND just the right app for these next billion users to have a unique experience in a controlled way,” said Tanwar, CEO and co-founder of FRND.

FRND is currently available on Google Play store, and an average user spends approximately 25 minutes each day using the app.

- Advertisement -

“This investment is aligned with our efforts to intensify our commitment to the startup ecosystem in India. FRND is a unique product that is disrupting an entire category with a unique local solution that global companies will find tough to adapt to, said Sean Hyunil Sohn, Head of India Division at Krafton.

–IANS

na/

- Advertisement -
RELATED ARTICLES
- Advertisment -

Related Posts

- Advertisement -