TIWN
New Delhi, Sep 23 (TIWN) Home-grown esports and mobile gaming platform Mobile Premier League (MPL) on Monday said it had raised $90 million (approximately Rs 662 crore) in Series C funding, led by SIG and early stage tech investor RTP Global, along with MDI Ventures and Pegasus Tech Ventures.
MPL has been in advanced discussions with investors to raise capital since January this year before the outbreak of the Covid-19 pandemic. Between March and now, MPL has grown over 4x and is currently the largest gaming platform in the country, having onboarded marquee titles such as the World Cricket Championship, the company claimed.
Speaking about the funding and MPL’s growth, Sai Srinivas, co-founder and CEO at Mobile Premier League, said, “This latest round of funding will enable us to entertain and connect an even larger audience across India and beyond. Being able to bring quality technology, competitive spirit and enjoyment to people in such an accessible way is what keeps us excited. The online gaming industry is seeing huge and increasing engagement; with this fresh capital injection being proof of MPL’s potential to lead and transform this space.”
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