Krafton, which also develops mobile game Battlegrounds Mobile India, has poured more than $170 million into Indian startups since 2021.

Cashfree Payments raises US$53 million in a funding round led by KRAFTON and Apis Partners to expand its payments infrastructure and more.

Krafton Inc., the South Korean gaming company behind popular shooter title PUBG: Battlegrounds, said Wednesday it has invested in Indian fintech firm Cashfree Payments as part of its continued push into India's digital economy.

Cashfree, an Indian payments startup that facilitates and processes more than $80 billion for its customers each year, has raised $53 million in a new Krafton, maker of sleeper hit titles such as PUBG and BGMI,