SuperGaming, an Indian game development studio, has raised $15 million (approx ₹131 crore) in its Series B funding round led by Skycatcher and Steadview Capital.
The round participation from strategic investors, including a16z Speedrun, Bandai Namco 021 Fund, GFR Fund, IVC Japan, Neowiz (Korea), LOUD.GG (Brazil) and Barings.
The round also saw participation from Web3 ecosystem pioneers like Polygon Ventures, Sandeep Nailwal, Decentralised.co, 4th Revolution Capital, 32-Bit Ventures, King River Capital, Ryze Labs, Ed3n Ventures, Gabby Dizon, Santiago R Santos, Emfarsis, Cristian Manea and Visceral Capital.
Existing investors AET Japan and BACE Capital also participated.
The fresh funds have been raised at an enterprise valuation of about $100 million. This $15 million Series B funding follows SuperGaming’s $5.5 million Series A round in October 2021.
The fresh capital raised will be used to expand Indus Battle Royale’s into international markets, beginning with Latin America in partnership with LOUD.GG.
The fund will also be used to scale the company’s game development capabilities and invest in top-tier talent, while continuing to create new original IPs and deepen its publisher partnerships.
Founded in 2017 by Navneet Waraich, Sanket Nadhani, Avinash Pandey, Sreejit Jayanthan, and Roby John, SuperGaming is a gaming company based in India. It develops and publishes mobile games such as MaskGun, Tower Conquest, and Silly Royale, with a total of over 200 million installs.
The company also runs a real-time multiplayer platform named SuperPlatform, developed in partnership with Google Cloud
The Series B funding will primarily fuel SuperPlatform’s global expansion, targeting game developers and publishers in emerging markets who lack the resources to build comparable proprietary backend technology. With comprehensive features including AI-assisted game development and monetization tools, advanced analytics, and social systems, SuperPlatform addresses the lifecycle of modern live service games.
The sophisticated, cloud-based SaaS solution is meticulously designed for building and managing global, hyperscale, real-time multiplayer games for lower-end devices in emerging markets.
SuperGaming also plans to accelerate the development of its proprietary technology platforms, Indus Engine and SuperPlatform, which power its games and tools for live operations, telemetry, and community engagement.
As part of its push into Web3 gaming, SuperGaming has partnered with B3 GameChain, a gaming-focused Layer-3 blockchain built on Base, the Ethereum Layer-2 network incubated by Coinbase. The integration enables the company to support both Web2 and Web3 players across its portfolio.
This integration allows the company to serve both Web2 and Web3 players simultaneously across our portfolio, including our hit title Silly Royale, which is now live on its Layer 3 Superchain powered by B3.
Roby John, CEO and Co-Founder of SuperGaming, said, “We are at an inflection point where India’s role in gaming evolves from a consumer market to a driving force in innovation, and this investment fuels that transition. ‘Indus Battle Royale’ is just our beginning. It is a showcase of quality and scale that we can achieve. But our deeper mission is to empower the gaming ecosystem through SuperPlatform. We’re providing developers worldwide with the tech backbone to bring their most ambitious visions to life, including seamless integration of Web3.”
Sia Kamalie, Founder & Fund Manager, Skycatcher, said, “We led SuperGaming’s Series A round in 2021 and are now leaning into our original thesis with a recent financing round. Our thesis is straight forward, India is the fastest growing gaming market globally and from that will emerge the next global giants in gaming. Our first round was about scaling development capabilities and this round is now about scaling global and unique hyper local publishing approaches. I’m excited about the multiple product launches the team has planned for Latin America and Middle East this year.”
Natsuhiro Maruyama, Investor at Bandai Namco 021 Fund, said, “Our investment in SuperGaming pairs Bandai Namco’s global IP expertise with the team’s deep understanding of India’s gaming ecosystem, opening the door to growth in India and beyond. We also view SuperPlatform, an infrastructure that accelerates the creation of large scale, community-driven multiplayer games, as an additional strength that enriches the experiences SuperGaming already brings to players.”
Ed Fries, General Partner at 1UpFund, Co-Creator Microsoft Game Studios and Co-Founder Xbox, said, “In a market crowded with demos and pitch decks, SuperGaming has done what few others can, they have shipped. Launching a game, especially one as ambitious as Indus, is no small feat. It shows execution, resilience, and deep player understanding in a hyperlocal market like India. We’re backing SuperGaming not just for what they’re building, but because they’re already delivering and that’s what makes all the difference.”
Sandeep Nailwal, Co-Founder, Polygon Ventures, said, “I’ve always dreamed of seeing a world-class gaming studio emerge from India, and if anyone can make that a reality, I believe it’s SuperGaming. Their momentum speaks volumes about the team’s passion and drive. But what excites me is how they understand the stakes: in gaming, the experience is the product, and the global bar for quality is incredibly high. I’m thrilled to be part of this journey and can’t wait to see them take their Battle Royale game Indus to the world.”
