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Gaming start-up Mobile Premier League valued at $2.3 bn, joins unicorn club

In February, MPL was valued at $945 million after raising $95 million in a Series D round

Mobile, smartphones, internet, gaming, tech
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Investors such as Tiger Global Management and Sequoia Capital have backed India’s first gaming unicorn and MPL rival Dream11 | Photo: Bloomberg

Peerzada Abrar Bengaluru
Mobile Premier League (MPL), Asia’s largest eSports and skill gaming platform, said it has raised its Series E round of financing led by Legatum Capital at a pre-money valuation of $2.3 billion. This has made it India's second gaming unicorn or start-up valued at over $1 billion.

Bengaluru-based MPL recently began operations in the US and completed two years of operations in Indonesia, making it the only mobile gaming platform from India with a growing international presence.

MPL currently has over 85 million registered users globally. It is endorsed by Indian cricket team captain Virat Kohli and earlier this year signed up