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Mobile Premier League Raises Series E Financing; Valued at $2.3 Billion
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MPL becomes India's second gaming unicorn after Dream11
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As COVID continues to ravage the nation, the employers look for an extra holiday a week in a bid to soothe frayed nerves, and keep mental stress and burnout at bay.
The four-day work week is the future of work and we ve started to see glimpses of it. As the COVID pandemic rages on, an individual s mental health and productivity has taken a hit. Also, there s been a renewed discussion of what the work culture is, especially in agencies.
A slew of agencies and brands have announced a four-day work week for their employees.
Please note that the list below is not final and will be updated as and when we re made aware of such announcements.
Future of Work: Beating the odds, online gaming industry eyes the next milestone
At the Future of Work 2021 summit, industry leaders spoke about the challenges that were holding the online gaming industry back from scaling ahead.
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Featuring among the Top 5 gaming markets in the world, India offers a booming ecosystem for game developers looking for a dynamic scene to unleash their creativity.
As devastating as the COVID-19 pandemic was, it forced people to stay at home, and offered gaming enthusiasts more time to explore online games. Almost a year later, the popularity of online games is yet to hit a plateau.
The updated release reads:
MPL VALUED AT $945 MILLION POST LATEST FUNDRAISE
The gaming platform raised $95 million in a Series D round led by Composite Capital and Moore Strategic Ventures
Mobile Premier League, Asia’s largest eSports and mobile gaming platform is now valued at $945 million after raising $95 million in a Series D round.
The MPL gaming platform has over 60 million users in India and over 3.5 million users in Indonesia. With over 50 games across categories on its Android and iOS applications currently, MPL has worked with 28 game developers to publish their games on the platform and provide them with a new revenue stream.
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