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Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.- MPL to slash local workforce as real-money gaming ban wipes out India bizAs a group, India accounted for 50% of Mobile Premier League (MPL) parent M-League's revenue and this change would mean that we will no lon...
- Gaming app MPL to sack 60% of India staff after real-money gaming ban, source saysPrime Minister Narendra Modi's government this month banned online paid games, citing financial and addiction risks especially among youth,...
- Mobile Premier League acquires German games studio GameDuellThe move is in line with MPL’s strategy to expand footprints across key global markets. It already has a presence in Indonesia and the US, ...
- MPL to partner with Econic, UK for new Polyol TechnologyMPL has signed a MoU with Econic Technologies to scale their catalyst technology which would enable substitution of fossil based raw materi...
- MPL’s latest funding almost triples its valuation to $2.3 billionMPL was valued at $945 million in its Series D round which it closed in February this year, as ET had reported. Its pre-money valuation the...
- Play Magnus Group, Mobile Premier League forge partnership for MPL Indian Chess Tour“India is a fast-growing market for chess and the MPL Indian Chess Tour is a fantastic opportunity for young Indian players to shine on bot...
- Manali Petrochemicals Q1 results: Co reports 4x increase in revenue to Rs 283 crThe petrochemical manufacturing company which is part of AM International - Singapore said the EBITDA for the period was Rs 112 crore and P...
- Manali Petrochemicals records its best annual performance in FY 20-21The petrochemical manufacturing company that is part of AM International - Singapore recently announced its annual results for FY20-21 wher...
- NRAI, MPL join hands for sports shooting mobile game, to be launched on Independence DayThe game will be a simulator style, non-violent shooting game with International Shooting Sport Federation (ISSF) style trap and skeet form...
- Mobile Premier League acquires GamingMonk; launches Esports arenaGamingMonk hosts esports tournaments across multiple platforms including PC, console and mobile
- Online gaming has potential to become bigger than entertainment industry: MPL CEO Sai SrinivasIn two-to-three years, online gaming will be much larger than the entertainment industry in India, Mobile Premier League (MPL) CEO Sai Srin...
- Mobile Premier League valuation more than doubles to $945 million after $95 million fundraiseMPL claims to have over 50 games across various categories on its Android and iOS applications, and has worked with 28 game developers to p...
- Mobile Premier League raises fresh capital as valuation doubles to $800 million in four monthsCompany picks up funds at nearly $800 million valuation as online gaming sector clocks big growth amid the pandemic.
- MPL bags $90m; valuation rises to $450 millionThe latest round, valuing the real money competitive mobile gaming platform at $450 million, was led by SIG Global and RTP Global, along wi...
- MPL raises $90 million in funding led by SIG, MDI, RTPSince its founding in September 2018, MPL has added over 70 games on its platform, working with over 28 game developers and studios. Its us...
- Kolkata Knight Riders ropes in Mobile Premier League as principal sponsorInitially, edutech company Byju’s, of which Khan is brand ambassador, had signed the principle sponsorship deal with KKR for IPL 2020. Howe...
- Mobile Premier League renews sponsorship deal with Virat Kohli“I am happy to announce that I have renewed my association with MPL,” said Kohli. “In just over a year, I have seen this young Indian start...
- MPL bags Rs 250 cr from Go-Jek Arm, Sequoia, Times InternetThis marks Go-Jek’s maiden financial investment in India, after having acquired three local companies to boost its technology and engineeri...
- Gaming startup MPL ropes in Virat Kohli in Rs 12 crore dealThe company has raised over Rs 35 crore from Sequoia Capital India and has been in talks to raise another Rs 200 crore led by Indonesia’s r...
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