PE Fund Investments
Digital entertainment co. JetSynthesys gets funding led by Korean gaming firm Krafton
Pune-based digital entertainment and technology company, JetSynthesys has received an investment from South Korea-based gaming company Krafton with participation from NAFA Private Equity and existing investors Pratithi Investments, Serum Institute and the Jetline Group.The investment will be used to help the firm achieve 20x revenue growth over the next six years as it looks to scale across international markets and deepen its India footprint.The company is looking to strengthen its position in India through acquisitions as well as organic growth and replicating its India playbook globally including Japan, the US, UK and Southeast Asia.JetSynthesys develops and delivers digital products, platforms, and services with a focus on entertainment. The firm aims to create engaging experiences for young users, particularly Gen Z.
Between Apr 2015 and Jul 2020, JetSynthesys had attracted about USD 44.60 M from Kris Gopalakrishnan, Poonawalla Family Office and others.
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