SuperGaming, one of India’s game development companies has announced that it has raised US$ 5.5 million (about INR 40.8 crore) in Series A funding from Skycatcher, AET Fund (venture arm of Akatsuki), BAce Capital, Dream Incubator, 1Up Ventures and Monish Darda.
The new corpus will support SuperGaming’s talent expansion to a team of 120 currently to over 200 within a year to scale up the development of technologically advanced projects, build out the publishing division of the company, and market existing titles. The company is working on a large battle royale game that is expected to launch in early 2022.
“SuperGaming’s rapid growth is a testament to the maturing Indian gaming industry backed by strong demand for newer channels of virtual entertainment”, says Roby John, CEO and Co-Founder. “Our aim is to utilise this fundraise to establish SuperGaming as India’s foremost gaming company. Having shown our capability of building globally successful multiplayer games, we are now expanding our world-class talent pool and accelerating development of new titles,” added John.
SuperGaming previously raised US$ 1.3 million (about INR 9.36 crore) in its 2019 Seed Funding from Dream Incubator, Akatsuki Entertainment Technology Fund and Better Capital. The company’s published titles MaskGun has recently crossed the 50 million installs milestone while Devil Amongst Us touched 10 million installs within just four months of its launch. It also runs games for remote work teams Bored which is now popular in over 2500 Slack workspaces globally especially across US, UK and India.
Speaking on the investment, Sia Kamalie, Founder and Fund Manager, Skycatcher said, “India is easily the most exciting single market for gaming in the next decade and is developing at an extraordinary pace on the ground. The team at SuperGaming is well positioned to capture both India and the global video game market, and in our three years of searching the India startup scene, SuperGaming team was the only team who is building games by global standards. Overall, we think SuperGaming is the clear frontrunner in winning India gaming and becoming a rising star globally.”