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Business Standard

SuperGaming raises $15 mn Series B to take Indus Battle Royale global

SuperGaming, a Pune-based game development studio, has raised $15 million in a Series B funding round at a valuation of $100 million. The round saw participation from investors including a16z Speedrun, Bandai Namco 021 Fund, GFR Fund, IVC Japan, Neowiz (Korea), (Brazil), Barings, and Steadview Capital. Web3 ecosystem stakeholders such as Polygon Ventures, Sandeep Nailwal, 4th Revolution Capital, 32-Bit Ventures, King River Capital, Ryze Labs, Ed3n Ventures, Gabby Dizon, Santiago R Santos, Emfarsis, Cristian Manea, and Visceral Capital also participated. The company saw returning backers, including lead investor SkyCatcher, AET Japan, and BACE Capital, invest in the Series B round. The company will also focus on scaling SuperPlatform, developed in partnership with Google Cloud. '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,' the company said in a statement. SuperGaming's portfolio includes games such as MaskGun, Battle Stars, Tower Conquest, and Silly Royale, which together have over 200 million installs. The Indo-futuristic Battle Royale Indus has garnered over 9 million downloads across Google Play Store and the App Store for iOS. SuperGaming was founded by Roby John, Sreejit J, Navneet Waraich, Christelle D'Cruz, and Sanket Nadhani. It has over 120 employees in Pune and Singapore.