{"data":{"prismicArticle":{"uid":"top-s.-korean-firms-launch-476.4-million-ai-fund-in-india","tags":["politics"],"first_publication_date":"2026-04-21T11:11:58+0000","last_publication_date":"2026-04-21T11:11:58+0000","data":{"third_party_url":null,"title":{"text":"Top S. Korean firms launch $476.4 million AI fund in India"},"rating":null,"datetime":"2026-04-21T07:15:00+0000","img":{"url":"https://images.prismic.io/prad/ZiPv4PPdc1huKp2q_AI.JPG?auto=format,compress&rect=0,0,2028,1000&w=2028&h=1000"},"embed":{"embed_url":null,"thumbnail_url":null,"author_url":null,"title":null},"content":{"raw":[{"text":"Internet giant Naver said on Tuesday it has created a 700 billion-won ($476.4 million) investment fund with Krafton and Mirae Asset Group to foster companies in the artificial intelligence (AI), fintech and content sectors in India. "},{"text":"The companies co-hosted an event in New Delhi to introduce the Unicorn Growth Fund (UGF) to Indian companies and venture capital firms, attended by Industry Minister Kim Jung-kwan, Naver Chief Executive Officer (CEO) Choi Soo-yeon, Krafton CEO Kim Chang-han and Swarup Mohanty, vice chairman of Mirae Asset Investment Managers India, according to Naver."},{"text":"The UGF was initially set up by Krafton with a 200 billion-won investment earlier this year, followed by Naver and Mirae Asset, which contributed a combined 500 billion won. The partners have agreed to expand the fund to 1 trillion won, reports Yonhap news agency."},{"text":"Naver said the fund aims to invest in high-potential technology companies in India across AI, fintech and content sectors."},{"text":"\"Building on its abundant IT talent and dynamic startup ecosystem, India is rapidly emerging as a hub of global digital innovation by expanding its AI industry ecosystem,\" Choi said."},{"text":"\"The UGF will serve as a key foundation for investing in high-growth tech firms and creating synergies by combining the core competencies of the three companies,\" she added."},{"text":"The internet giant also signed a memorandum of understanding (MOU) with the information technology (IT) arm of India's Tata Group to explore business opportunities in the South Asian nation."},{"text":"The agreement with Tata Consultancy Services (TCS) was signed during a South Korea-India business forum hosted by the Federation of Korean Industries in New Delhi, attended by South Korean Industry Minister Kim Jung-kwan, Naver Chief Executive Officer (CEO) Choi Soo-yeon, Commerce Minister Piyush Goyal and TCS President Ujjwal Mathur, according to Naver."},{"text":"Under the MoU, Naver and TCS will combine their capabilities in artificial intelligence (AI), cloud and business-to-consumer (B2C) services to pursue opportunities in AI and digital transformation, with a focus on the Indian market."}]}}},"relatedArticles":{"edges":[{"node":{"uid":"pk-never-backed-politics-to-destabilise-tgana","data":{"third_party_url":null,"title":{"text":"PK: Never backed politics to destabilise T'gana"},"img":{"url":"https://images.prismic.io/prad/ahadBrK9tuLqELCz_PK.JPG?auto=format,compress&rect=0,0,2028,1000&w=2028&h=1000"},"datetime":"2026-06-04T19:15:00+0000"}}},{"node":{"uid":"cbn-rides-bicycle","data":{"third_party_url":null,"title":{"text":"CBN rides 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