India Dealbook: Mobile Premier league bags $5m; RB Investments backs Let’s Meat 

Woman using a mobile phone.

Digital gaming startup Mobile Premier League recently closed a $5 million Series A round of funding while RB Investments has invested a little over $1 million for a 28 per cent stake in Let’s Meat parent.

Mobile Premier League bags $5m

Digital gaming startup Mobile Premier League (MPL) recently closed a $5-million Series A round of funding, which saw participation from angel investors, TechCircle reported.

Operated by Galactus Funware Technology Pvt. Ltd, MPL started operations only two months ago. It runs an e-sports platform where users compete in live tournaments for skill-based mobile games to win money.

MPL, which recently went live on Android’s Play Store, will use the funding proceeds to expand operations and build its product, the report added.

RB Investments backs Let’s Meat

Singapore-based boutique venture fund RB Investments has invested a little over $1 million for a 28 per cent stake in Jaipur-based meat retail chain operator A&R Bon Vivants Pvt. Ltd, VCCircle reported.

A&R Bon Vivants runs a chain of stores under the brand name Let’s Meat, offering fresh raw mutton, poultry, seafood, and turkey besides ready-to-cook and ready-to-eat delicacies.

The company currently operates four stores in Jaipur and one each in Delhi, Noida, Gurugram and Faridabad.

Also Read:

India Dealbook: NIRA, GamingMonk, Turms raise funds; AuthBridge buys Footprints

Singapore’s ONE Championship, partners to invest $50m in eSports venture

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.