Cashfree, an Indian payments startup that facilitates and processes more than $80 billion for its customers each year, has raised $53 million in a new Krafton, maker of sleeper hit titles such as PUBG and BGMI,

Krafton, which also develops mobile game Battlegrounds Mobile India, has poured more than $170 million into Indian startups since 2021.

Currently, Cashfree processes over $80 billion annually, serving over 800,000 businesses, from emerging internet startups to established public enterprises. This growth is underpinned by the company's focus on four key pillars of investment: payment infrastructure,

Indian fintech firm Cashfree Payments has garnered $53m in a financing round led by Korean company KRAFTON. Current investor Apis Growth Fund II, managed by Apis Partners Group, also contributed to the round.