Mobile Premier League raises $90 million in Series C funding round

Mobile Premier League (MPL), an esports and mobile gaming platform, on Monday, announced that it has raised $90 million in Series C funding.

The funding was led by SIG and early-stage tech investor RTP Global, along with MDI Ventures and Pegasus Tech Ventures while existing investors Sequoia India, Go-Ventures, and Base Partners also participated in this round.

The investment brings MPL’s total funding to $130.5 million after previously raising $40.5 million.

MPL has been in advanced discussions with investors to raise capital since January this year before the outbreak of the Covid-19 pandemic. Between March and now, MPL has grown over 4x and is currently the largest gaming platform in the country, having onboarded marquee titles such as the World Cricket Championship, the company claimed.