Indian company SuperGaming Secures $5.5 million in Series A

SuperGaming has announced that it has raised $5.5 million in its Series A round of funding. The round secured funding from BAce Capital, Dream Incubator, 1Up Ventures, Skycatcher, AET Fund, and Monish Darda.

The fresh round of funding will be used by the Singapore headquartered company to expand its team within a year. The company will help the company scale up the development of technologically advanced projects. SuperGaming is also looking to build its publishing division through this funding.

“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.”

Previously, SuperGaming had raised $1.3 million in seed funding. The company is currently working on a large battle royale game, which is expected to be launched early next year.

 

84% of Woman gamers in South India feel that gaming can be pursued as a career

Popular tech giant HP has recently conducted a study and has discovered that 99 percent of people living in Hyderabad are certain that gaming relieves stress. Furthermore, the study showed that more than 90 percent of people believe that gaming can be a good career option. Along with the facts mentioned above, it was discovered that more than 48 percent of the respondents are willing to spend up to Rs 1 lakh on gaming rigs and PC. The study conducted by HP revealed certain new trends like growing preference in gaming among women, and they are also keen on taking it up as a career option.

Almost 84 percent of the women respondents have stated that they have the desire to pursue gaming as a career. A recent HP study shows that 94 percent of the respondents feel that gaming induces positive feelings and reduces stress significantly. Women are ahead of men in this sudden shift of perception, and they feel that gaming can improve cognitive skills, improve cognitive skills, and relieve stress. Ninety-four percent of women respondents have stated that gaming is the best source of recreation and relaxation when compared to 92 percent of men. The survey was conducted in the South Indian cities of Chennai, Hyderabad, and Coimbatore, and it shows that people agree that gaming is beneficial.