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Krafton invests US$5 mln in Indian dating app ‘FRND’
Krafton Inc., the South Korean gaming giant behind the global smash hit “PlayerUnknown’s Battlegrounds” (PUBG), said Monday that it has invested US$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.
A Series A round of financing is the first round of financing that a startup receives from a venture capital firm.
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.
![FRND's corporate logo is shown in this undated image provided by Krafton Inc. (PHOTO NOT FOR SALE) (Yonhap)](https://img2.yna.co.kr/etc/inner/EN/2021/12/20/AEN20211220006700320_01_i_P4.jpg)
FRND’s corporate logo is shown in this undated image provided by Krafton Inc. (PHOTO NOT FOR SALE) (Yonhap)