ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/blue-ocean-games” target=”_blank”>Blue Ocean Games, a venture fund backed by South Korean gaming giant ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/krafton” target=”_blank”>Krafton Inc., has launched a $30 million fund to support ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/indie-game-developers” target=”_blank”>indie game developers globally, with a strong focus on emerging talent from India.
Founded by Damian Lee, former head of investments at Krafton, the fund aims to back 100 developers over the next three years.
It introduces a custom ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/investment-model” target=”_blank”>investment model called the Structured Agreement for Indie Launch (Sail), offering capital at the concept stage—before developers even have a playable build. Each developer can access $100,000 in…
