Mobile Premier League raises $90 million series C investment - News Summed Up

Mobile Premier League raises $90 million series C investment


BENGALURU: City-based online gaming startup Mobile Premier League (MPL) has raised a series C funding of $90 million from SIG, RTP Global, and MDI Ventures. MPL had earlier raised $35.5 million in series A investment from Sequoia India, Times Internet, and GoVentures in April 2019. Post covid-19, many gaming startups have seen significant growth in terms of new users and time spent by them on their platforms. This has attracted new investments into gaming startups. According to Venture Intelligence, the last double digit funding in Indian gaming startups in a single quarter was in Q2 2019.


Source: Mint September 21, 2020 07:41 UTC



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