E-sports platform Mobile Premier League raises $35.5 mn
New Delhi
24-April-2019
Mobile e-sports or gaming platform, Mobile Premier League (MPL), has raised $35.5 million (around Rs 244 crore)in a Series A funding round led by Sequia India, Times Internet and GoVentures, MPL said on Wednesday.
RTP Global, BeeNext, Base Growth and Venture Highway were the other participating investors, an MPL statement said.
"The funds will enable the newly launched mobile gaming platform to invest in product and user growth in India," it said.
MPL was launched in September 2018 and raised $5 million, or around Rs 35 crore, seed funding last year.IANS
More Headlines
Mumbai Dethrones Beijing as Asia's Billionaire Capital, India Climbs to Third Globally
Jungle House: A Royal Summer Getaway Perched Amidst Shimla's Ancient Woods
Kangana Ranaut In Mandi Says Politics For Her Is A Way To Work For Society
Bizarre Poll Promise By Trinamool's Celebrity Candidate Draws Criticism
Mining Baron-Turned-Politician Janardhan Reddy Merges Party with BJP Ahead of Lok Sabha Elections
Mumbai Dethrones Beijing as Asia's Billionaire Capital, India Climbs to Third Globally
Jungle House: A Royal Summer Getaway Perched Amidst Shimla's Ancient Woods
Kangana Ranaut In Mandi Says Politics For Her Is A Way To Work For Society
Bizarre Poll Promise By Trinamool's Celebrity Candidate Draws Criticism
Mining Baron-Turned-Politician Janardhan Reddy Merges Party with BJP Ahead of Lok Sabha Elections