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Announced

Completed

KRAFTON led a $48m Series D funding round in Pratilipi.

Financials

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Transaction Value£36m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Private

Venture Capital

Minority

Completed

Online and Social Platforms

Friendly

audiobooks

Cross Border

India

storytelling platform

Synopsis

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KRAFTON, a developer and distributor of video games, led a $48m Series D funding round in Pratilipi, an Indian online self-publishing and audiobook portal. The round was joined by Omidyar Network. "We are both pleased and privileged to partner with KRAFTON, who shares our love for great stories and IP. We can’t wait to work together with KRAFTON and our other investors on the next phase of our journey to take our stories and our storytellers to a much wider audience across the globe,” Ranjeet Pratap Singh, Pratilipi CEO.

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