Esports and mobile gaming platform Mobile Premier League (MPL) has raised around Rs 661.3 crore in funding led by SIG and early stage tech investor RTP Global.
The employees could invest ranging from $2,300 – $ 23,000 and acquire stocks of the company as a part of this aforementioned plan. The company also stated that this plan was a limited period thing and they are likely to come up with many such plans in near future. Since its founding in September 2018, MPL has added over 70 games on its platform, working with over 28 game developers and studios. Its user base has grown to over six crore users. Existing investors Sequoia India, Go-Ventures and Base Partners also participated in the Series C round.
Sai Srinivas, Co-Founder and CEO at Mobile Premier League said, “In a short time, MPL has taken the gaming market by storm, with our various offerings and partnerships, which have helped us stand out in the industry.
