Mobile Premier League (MPL), a San Francisco, CA-based esports and mobile gaming platform, raised $90m Series C funding.
The round was led by SIG and early stage tech investor RTP Global, along with MDI Ventures and Pegasus Tech Ventures. Existing investors Sequoia India, Go-Ventures, and Base Partners also participated in this round. The investment brings MPL’s total funding to $130.5m after previously raising $40.5m.
The company intends to use the funds to further accelerate its position in the gaming market, expand its product offering, and grow its team.
Founded in 2018 by Sai Srinivas and Shubh Malhotra, MPL is an esports and mobile gaming platform. It has grown to over 60-plus games and 60 million users, including titles like World Cricket Championship. MPL also has multiple gaming studios and developers as partners to publish their games on its platform. The app is available on both Android and iOS. who earlier co-founded Creo, a Mobile Phone startup that was acquired. MPL is currently present in India and Indonesia, with offices in Bengaluru, Jakarta, and Pune, and with a team of over 300.
FinSMEs
21/09/2020