Pune-based online gaming startup SuperGaming has secured $15 million in a new funding round, pushing its enterprise valuation to approximately $100 million, nearly five times its 2021 valuation of $21 million, reported PTI. The fresh capital, confirmed by Co-founder and CEO Roby John, comes four years after its previous $5 million raise.
Strategic capital
The round was led by Skycatcher and Steadview Capital, and saw participation from marquee global investors including a16z Speedrun, Bandai Namco’s O21 Fund, Neowiz, and several prominent Web3 backers such as Polygon Ventures, Sandeep Nailwal, Decentralised.co, and 4th Revolution Capital. Existing investors SkyCatcher, AET Japan, and BACE Capital also doubled down on their bets in this round.
Sia Kamalie, Founder & Fund Manager at Skycatcher, noted in a statement that the firm is “leaning into their original thesis” by following up on their Series A investment made in 2021.
Targeting emerging markets with hyper-local gaming content
Known for games like MaskGun and Indus Battle Royale, SuperGaming plans to deploy the fresh funds to scale its international footprint, particularly in emerging markets. The company is focusing on enabling game developers and publishers in under-resourced regions by offering proprietary backend infrastructure.
As part of its go-global play, SuperGaming is set to launch in Latin America through a partnership with LOUD.GG, with similar efforts underway for the Middle East and other culturally under-represented regions. “In emerging markets like Brazil or even in Europe, we’re seeing monetisation that’s 3–5x better than India,” John said, estimating a $5–7 million revenue potential from Indus alone.