# Mobile Premier League (MPL)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mobile-premier-league-mpl

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.mpl.live
- Total disclosed funding: $336M
- Latest round: Series E (Jul 5, 2022)
- Investors on record: 18

## About

Based in Bangalore, India, and founded in 2018 Galactus Funware Technology Private Limited, doing business as Mobile Premier League, provides mobile games. The Directors of Galactus Funware Technology Private Limited are Shubham Malhotra, Garimella Sai Srinivas Kiran and Dibyojyoti Mainak. In May 2019, the company acquired Crevise Technologies which provides end-to-end product engineering consultation. In September 2021, Galactus Funware Technology Private Limited raised USD 150 million in series E funding from investors Legatum and Gaingels Syndicate.

The company provides an online gaming platform and offers cash prizes on games. The company's application offers a variety of games from simple skill-based games, like arcades, sports, and adventure games, to more immersive experiences, like pool and cricket that enable game enthusiasts to showcase their talent, win prizes and enjoy with their friends.

The company’s revenue is generated by online games. Players choose an upcoming match, create their own team and join a contest to win cash prizes.

The company plans to expand its e-sports portfolio and bolster its efforts to organize more e-sports tournaments nationally and internationally at scale, and accelerate international expansion.

## Funding rounds

- Series E, Jul 5, 2022, $0.5M — Accrete Capital
- Series E, Sep 15, 2021, $150M — Hong Shan, Legatum, RTP Global, Founders Circle Capital, Titanium Ventures, Gaingels, Moore Strategic Ventures, Play Ventures, Accrete Capital, GoVentures, SIG Global India Fund, VGames
- Series D, Feb 4, 2021, $95M — RTP Global, Founders Circle Capital, Titanium Ventures, Composite Capital Management, Base Partners, Moore Strategic Ventures, Play Ventures, GoVentures, SIG Global India Fund
- Series B, Sep 7, 2020, $50M — Hong Shan, Susquehanna International Group, Times Internet Limited, GoVentures
- Series A, Apr 24, 2019, $36M — Hong Shan, Times Internet Limited, RTP Global, BEENEXT, General Catalyst India, Base Partners, GoVentures
- Series A, Nov 8, 2018, $5M — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series E
- Times Internet Limited — Series A, Series B
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A, Series D, Series E
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A
- General Catalyst India (https://capitalatlas.ai/funds/general-catalyst-india) — Series A
- Base Partners (https://capitalatlas.ai/funds/base-partners) — Series A, Series D
- GoVentures — Series A, Series B, Series D, Series E
- Susquehanna International Group — Series B
- Founders Circle Capital (https://capitalatlas.ai/funds/founders-circle-capital) — Series D, Series E
- Titanium Ventures (https://capitalatlas.ai/funds/titanium-ventures) — Series D, Series E
- Composite Capital Management — Series D
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series D, Series E
- Play Ventures (https://capitalatlas.ai/funds/play-ventures) — Series D, Series E
- SIG Global India Fund — Series D, Series E
- Legatum — Series E
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series E
- Accrete Capital (https://capitalatlas.ai/funds/accrete-capital) — Series E
- VGames (https://capitalatlas.ai/funds/vgames) — Series E