MPL’s headquarters in the USA will be in New York
02 Jul, 2021 - 08:52 AM IST | By indiantelevision.com Team
KOLKATA: Esports and skill gaming platform Mobile Premier League (MPL) on Thursday announced the official launch of the MPL App in the US. The app is now available on the Apple App Store and on Android for gamers to download.
“It is a historic moment for MPL as we launch in the USA and continue to grow our presence around the world,” said MPL co-founder and CEO Sai Srinivas. “With our proven success in India and Indonesia, combined with the soaring popularity of casual real-money skill gaming in the USA, we look forward to providing millions of players in the USA with a safe, fair and incredible gaming experience.”
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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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.
The latest round was led by Composite Capital and Moore Strategic Ventures, with participation from Base Partners, RTP Global, SIG, Go-Ventures, Telstra Ventures, Founders Circle and Play Ventures. The total capital raised by MPL since its inception in 2018 now stands at $225.5 million.
E-sports and mobile gaming platform Mobile Premier League on Thursday said it is now valued at $945 million after raising $95 million (approximately Rs 693 core) in a Series D round.
India: Mobile Premier League lands $945m valuation with latest funding
Photo by JESHOOTS.COM on Unsplash
February 4, 2021
Bengaluru-based Mobile Premier League (MPL) has raised $95 million in a Series D round led by Composite Capital and Moore Strategic Ventures, taking the mobile eSports company’s valuation to $945 million.
The investment takes MPL closer to becoming the second major unicorn in Indian gaming industry. Mumbai based fantasy gaming platform Dream 11 with estimated valuation of $1-$1.5 billion was the first startup in the gaming industry to acquire the coveted unicorn status.
MPL plans to use the new funds to expand its overseas business in 2021 and also to grow its eSports portfolio by organising more tournaments at national and international level.