JetSynthesys and Japan’s MIXI Sign MOU to Explore India Gaming Collaboration
Pune-based digital entertainment firm JetSynthesys has signed a memorandum of understanding (MOU) with Japanese entertainment giant MIXI, Inc. to explore collaborative opportunities within the Indian gaming and digital entertainment ecosystem. According to MediaNews4U, the partnership, announced on September 28, 2026, aims to leverage JetSynthesys' local market expertise alongside MIXI's established experience in gaming and digital services.
According to The Hindu, india's gaming community reached 591 million players in 2024, with total industry revenues estimated at $3.8 billion and projected to hit $9.2 billion by 2029. According to MIXI, Inc., for MIXI, Inc., MIXI commenced full-scale Indian operations for Strike World, its global Monster Strike adaptation, in April 2026, establishing an immediate commercial asset for the partnership.
Previously, JetSynthesys maintained majority ownership of Nautilus Mobile before Krafton acquired a controlling stake in that studio, leaving JetSynthesys as a minority investor. Meanwhile, Sadaaki Kaneyoshi, Senior Corporate Officer at MIXI, Inc., stated that India represents one of the most important growth markets for the global gaming industry.
Scope of the India-Japan Partnership
The agreement establishes a framework for the two companies to evaluate potential business ventures across several key verticals. According to the announcement, the collaboration will focus on game development and publishing support, marketing and user acquisition initiatives, and esports activities. The companies also intend to share market intelligence and business development support, while keeping the door open for potential strategic investment opportunities.
Rajan Navani, chairman of JetSynthesys, described the partnership as a union of complementary strengths, noting its potential to create experiences for global audiences. Ryo Shima, CEO of JetSynthesys Japan, emphasized that the MOU reflects growing confidence in India as a digital entertainment market, stating that global firms are increasingly seeking local partners to navigate the country's scale and diversity.
Strategic Context and Market Positioning
For MIXI, the move represents a deepening of its interest in the Indian market. The Japanese firm previously established a $50 million corporate venture capital fund in 2023 through its subsidiary, Mixi Global Investments, to back early-stage Indian startups in digital entertainment and sports. Its existing portfolio in India includes companies such as LightFury Games, Felicity Games, Eloelo, and Vobble.
JetSynthesys, which has been active in the gaming and esports space since 2014, maintains a diverse portfolio that includes internal game studios responsible for titles like Sachin Saga and Super Ludo. The company also operates the esports tournament organizer Skyesports, which it acquired in 2021. By aligning with MIXI, JetSynthesys aims to further capitalize on the growth of India's digital economy and its expanding Gen Z audience. The MOU serves as a preliminary step, with both parties expected to explore additional areas of mutual interest as the collaboration progresses.
According to PocketGamer.biz, jetSynthesys' flagship Real Cricket studio Nautilus Mobile reached 250 million downloads before South Korea's Krafton acquired a 75% controlling stake for ₹118 crore ($14 million) in 2025. According to PocketGamer.biz, mIXI's flagship mobile game Monster Strike has grossed over $11.4 billion worldwide across its lifecycle.