India: Mobile Premier League lands $945m valuation with latest funding

India: Mobile Premier League lands $945m valuation with latest funding

Photo by JESHOOTS.COM on Unsplash

Bengaluru-based Mobile Premier League (MPL) has raised $95 million in a Series D round led by Composite Capital and Moore Strategic Ventures, taking the mobile eSports company’s valuation to $945 million.

The investment takes MPL closer to becoming the second major unicorn in Indian gaming industry. Mumbai based fantasy gaming platform Dream 11 with estimated valuation of $1-$1.5 billion was the first startup in the gaming industry to acquire the coveted unicorn status.

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