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Gaming platform MPL logs $149 3 mn losses in FY22, 3 times higher than FY21

Mobile Premier League (MPL), one of the most valued gaming platforms, has registered losses to the tune of about $149.3 million in FY22, from $48.3 million in FY21 a three times surge, media reports said on Tuesday.According to an Inc42 .

Indian Startup Layoffs Tracker: Startups Laid Off 9,000 Employees In 2022

Layoff Saga Continues MPL To Discharge 10 Of Its Workforce

Layoff Saga Continues MPL To Discharge 10 Of Its Workforce
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Mobile Premier League (MPL) online gaming platform fires 100 employees

An internal email was spotted which was sent by MPL co-founders Sai Srinivas and Shubh Malhotra to explain the move by the online gaming platform

Mobile Premier League (MPL) is laying off 10 per cent of its workforce

MPL is laying off 100 employees, which is around 10 per cent of its workforce. It is also exiting Indonesian market amid a broader slowdown in the Indian startup ecosystem.

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