Mobile Premier League lays off 350 employees; attributes cost cutting to increased GST burdenIn an email sent to the company’s employees on August 8, MPL cofounder and chief executive Sai Srinivas wrote that the company has to reduc...
08 Aug, 2023, 11.26 PM IST
MPL’s game development unit Mayhem Studios raises $20 million from Sequoia, Steadview, Truecaller, othersThe fundraise has come in the backdrop of the central government announcing regulations for online gaming, which legitimises various forms ...
11 Apr, 2023, 07.41 AM IST
MPL forays into web3 gaming, in talks to raise $10-$15 millionMPL is in advanced talks to raise $10-$15 million through a simple agreement for future tokens (SAFTs) from investors including Spartan Cap...
30 Jun, 2022, 08.56 AM IST
Startups like MPL tweak compensation structure, Esops amid downturnBengaluru-based MPL has introduced a new system aimed at rewarding team performance over individual achievements, changed its Esop (employe...
20 Jun, 2022, 04.53 PM IST
Winzo drags Mobile Premier League to Delhi HC over alleged copyright infringementBacked by California-based Griffin Gaming Partners, Winzo claims that in March 2022 it found out that MPL had copied one of its proprietary...
04 Jun, 2022, 05.55 PM IST
Mobile Premier League to lay off 100 workers, exit IndonesiaFounded in 2018 by Srinivas and Shubam Malhotra, MPL offers around 70 games across categories such as daily fantasy sports, quizzing, board...
30 May, 2022, 07.28 PM IST
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...
16 Sep, 2021, 09.13 AM IST
Mobile Premier League becomes unicorn after lockdowns drive growthThe Bengaluru-based startup raised capital from investors led by Legatum Capital with participation from Accrete Capital and Gaingels. The ...
16 Sep, 2021, 01.50 AM IST
Mobile Premier League is all set to start its US inningsMobile Premier League (MPL), a Sequoia India-backed online gaming startup seeks to stand out in the US market by becoming a ‘super app’—a u...
01 Jul, 2021, 06.01 AM IST
Kohli and Anushka's COVID fund-raising campaign gathers steam, nearly Rs 11 crore raisedThe Kohli couple themselves put Rs 2 crore and the funds raised through the campaign will be donated to Act Grants to aid COVID-19 relief.
12 May, 2021, 06.56 PM IST
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...
04 Feb, 2021, 02.12 PM IST
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.
03 Feb, 2021, 07.30 PM IST
Mobile Premier League raises $500,000 from employeesUnder the employee investment plan, employees of the company could invest anywhere between $2,300 and $23,000 in the company
28 Jan, 2021, 11.25 AM IST
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...
22 Sep, 2020, 07.58 AM IST
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...
21 Sep, 2020, 04.12 PM IST
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...
24 Apr, 2019, 08.02 AM IST
- Maytas Infra denies any nexus with Satyam
MPL said reports of co acquiring properties by diverting funds from Satyam were untrue.Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) |...
20 Jan, 2009, 09.21 PM IST