PUBG Mobile India is not just a game that you are anticipating now, it has become an India registered company. PUBG Corporation, the company that owns the titles PUBG, PUBG Mobile, PUBG Mobile India and PUBG Mobile Lite, has established its Indian subsidiary which is named after the game that will be released soon. The company has been registered with the Ministry of Corporate Affairs with a paid investment of Rs 5 lakh. The registration took place on November 21, which means that the company is closer to launching PUBG Mobile India than before.
PUBG Mobile India’s registration as a company comes on the heels of the announcement PUBG Corporation made on Diwali week. He said that the company will erect an Indian subsidiary, in which an investment of up to $ 100 million (approximately Rs 739.72 crore) would be earmarked. According to the screenshots of the company’s listing on the ministry’s website (via liquipediamemphiz), PUBG Mobile India has been registered with a paid-up capital of Rs 5 lakh, while the total authorized capital is Rs 15 lakh .
PUBG Mobile India Headquarters and Leaders
The new company has been registered in Bengaluru, which could be the headquarters of the Indian subsidiary of PUBG Corporation and will control the operations of the PUBG Mobile India game.
Krafton’s Head of Corporate Development Sean (Hyunil) Sohn has been appointed as one of two directors of PUBG Mobile India. The other director is Kuma Krishnan Iyer, who has served as a director at more than 10 companies, including Spotify and Accuweather. The names of both directors have been registered in the company registry.
Future strategy of PUBG Mobile India
At the time of announcing its re-entry into the Indian gaming arena, PUBG Corporation said it would make a $ 100 million investment in a new company that would serve as the Indian subsidiary of PUBG Corporation. The name of the Indian subsidiary was not disclosed at the time, leading to assumptions that were based on multiple rumors that PUBG Corporation is looking for a publisher and is talking to Paytm, Reliance Jio, and Airtel, among others, about this. .
But none of these companies are likely to appear on the list that has been submitted to the Ministry of Corporate Affairs. The full picture is not yet available, but it appears that PUBG Corporation has decided to go solo to India, after allegedly facing rejection from potential candidates it was speaking to. I’m not sure if this will make things difficult for PUBG Mobile India in the country as the government had stated multiple reasons for banning the old version. While PUBG Corporation has made some changes to allay those fears, its fate will depend on the nod of the government.
The investment is part of these changes that the company will use to boost various sectors in India, including e-sports and information technology. PUBG Corporation had also said that it will be holding several large-prize esports tournaments to promote esports in India, which is something the government will pay attention to regarding the momentum in India’s digital ecosystem. The government has a multifaceted plan that it is carrying out under the Digital India initiative.
What awaits us?
Now that PUBG Mobile India is now a registered company, the PUBG Mobile India Battle Royale game looks closer to its official launch in India. This will be marked with various advertisements, promotions, and the game’s entry into the Google Play Store and Apple’s App Store. Of course, government permission is still important and will be required before the company moves forward with its plans.