16+ CR GTD
Header banner - Nostra Poker
Pokersaint - Lead
MPL Virat Kohli Gaming

Virat Kohli Backed Mobile Premier League Fetches $95 Million In Latest Funding

by Mrinal Gujare Posted on 07 Feb, 2021

The latest news reports about Mobile Premier League state that the Virat Kohli-backed e-gaming start-up has secured $95 million in its latest round of funding. The news reports further add that Mobile Premier League (MPL) raised $95 million in Series D round of funding. This fund raise was led by Composite Capital and Moore Strategic Ventures. Furthermore, Base Partners, RTP Global, SIG, Go-Ventures, Telstra Ventures, Founders Circle and Play Ventures also participated in the funding round.

The total fundraising reportedly stood at $225.5 million. As per the company’s statement, the investment also led to over 2X jump in its valuation of around $400 million as compared to September 2020’s $90 million. MPL’s latest valuation stood at a rock solid figure of $945 million. All this action made it possible for MPL to take one step closer to achieving an unicorn status. Currently, only Dream 11 is termed as the gaming unicorn of India.

ALSO READ: ONLINE GAMING: Here’s What Gamers Can Expect In 2021

The gaming start-up, MPL which is currently flying high said that the platform has more than 60 million users in India and more than 3.5 million users in Indonesia. The brand which is looking forward to establishing a solid ground in India also offers over 50 games across different genres. The brand has worked with 28 game developers to breathe life into its games. The latest round of investment will be directed towards expanding its esports vertical and organizing virtual tournaments.

kohli-mobile-premier-league-mpl

ALSO READ: Online Gaming Operators Urge Govt To Set Up Self-Regulatory Body For Industry

A lot of work is happening on the online gaming front in addition to the firm’s global expansion plans for the year. MPL had preorganized a virtual sports fiesta called College Premier League in 2020, with INR 1 crore in prizes and scholarships to be won by participants. 

To read more such stories about online gaming, esports, digital tournaments and more, keep reading GutshotMagazine.com Follow us on Facebook, Instagram and Telegram.

Grab Pocket52's Extra 30% Deposit Bonus Now!

 



More News

Online Gaming Now Legal In Meghalaya
Gaming
29 Jan,2021 

Online Gaming Now Legal In Meghalaya

These Movies based on online gaming are a MUST WATCH
Gaming
8 Jan,2021 

These Movies Based On Online Gaming Are A MUST ...

XTRA Gaming & Subnation’s tie-up makes headway for gaming industry
Gaming
4 Feb,2021 

XTRA Gaming & Subnation’s tie-up makes hea...


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Dangal box

Top 10 Poker Rooms

  • Natural8
    Natural8

    Sign-up code "GUTSHOT"
    Offer: 200% bonus up to $1,000 or $100 in instant rewards Register

  • 9stacks
    9stacks

    Instant withdrawal; 100% locked bonus on first deposit
    Offer: "9GUTSHOT" Register

  • PokerSaint
    PokerSaint

    60-seconds withdrawal; 100% locked bonus on first deposit
    Offer: "GUT100" Register

  • Poker Dangal
    Poker Dangal

    INR 500 Free on sign-up; (425 Locked, 75 Instant)
    Offer: 150% on first deposit up to INR 5,000 Register

  • Spartan Poker
    Spartan Poker

    Sign-up with "GUTSHOT"
    Offer: "GUT300X" to get 300% on your deposit Register

  • Poker Tempo
    Poker Tempo

    Rs. 50 Instant Bonus, Rs. 50 Locked Bonus, No code required!
    Offer: 1 Ticket to 5000 GTD FREEROLL every Monday @ 7PM Register

  • Calling Station
    Calling Station

    Instant withdrawal; Use “RELOAD20” on deposits for 20% locked bonus
    Offer: "GUTSHT" Register

  • Nostra Pro
    Nostra Pro

    Use Code "KING500"
    Offer: 100% Instant Poker Cash Back Register

  • BLITZPOKER
    BLITZPOKER

    Sign-up with "GSBLZ"
    Offer: Make your 1st Deposit of INR 200 & GET 1000 in return! Register

  • PokerHigh
    PokerHigh

    Sign up with "PHGUTSHOT"
    Offer: Deposit & get 200% cashback on your first deposit using code: HIGH200 Register

Pokersaint box banner

Want to share your thoughts about poker?

Then click the button to submit your article.

Facebook + Follow

Instagram + Follow