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Acquisitions In Indian Startup Ecosystem Sweden-based free-to-play gaming studios Stillfront Group will acquire Bengaluru-based Moonfrog Labs Private Limited, the company behind popular games like Teen Patti Gold, Ludo Club, Rummy Gold and others. The acquisition will be conducted in four tranches, leading to a 100% takeover. Online travel and ticketing company Ixigo announced that it will acquire 100% stake in train discovery and booking startup Confirmtkt. The transaction would be a through mix of cash and Ixigo stock. Both companies would continue to operate independently after the transac...

The updated release reads: MPL VALUED AT $945 MILLION POST LATEST FUNDRAISE The gaming platform raised $95 million in a Series D round led by Composite Capital and Moore Strategic Ventures Mobile Premier League, Asia’s largest eSports and mobile gaming platform is now valued at $945 million after raising $95 million in a Series D round. The MPL gaming platform has over 60 million users in India and over 3.5 million users in Indonesia. With over 50 games across categories on its Android and iOS applications currently, MPL has worked with 28 game developers to publish their games on the platf...

Posted on 324 Mobile Premier League, Asia’s largest eSports and mobile gaming platform is now valued at $945 million after raising $95 million in a Series D round. The MPL gaming platform has over 60 million users in India and over 3.5 million users in Indonesia. With over 50 games across categories on its Android and iOS applications currently, MPL has worked with 28 game developers to publish their games on the platform and provide them with a new revenue stream. The latest round was led by Composite Capital and Moore Strategic...

ETtech Deals Digest: MPL’s ~$1 billion valuation, Accenture-Imaginea deal, Startups and ESOPs SECTIONS Last Updated: Feb 05, 2021, 07:29 PM IST Share Synopsis Mobile Premier League (MPL) has raised $95 million at $945 million. Accenture has acquired Imaginea in Cloud First push. A handful of Indian startups are extended ESOPs to their rank-and-file. Getty Images Bengaluru: This week on ETtech Deals Digest, an Indian mobile gaming startup achieved near-unicorn status, a traditional IT services firm—one of the world’s largest—acquired a cloud-engineering upstart, and a handful of startu...

India: Mobile Premier League lands $945m valuation with latest funding Photo by JESHOOTS.COM on Unsplash February 4, 2021 Bengaluru-based Mobile Premier League (MPL) has raised $95 million in a Series D round led by Composite Capital and Moore Strategic Ventures, taking the mobile eSports company’s valuation to $945 million. The investment takes MPL closer to becoming the second major unicorn in Indian gaming industry. Mumbai based fantasy gaming platform Dream 11 with estimated valuation of $1-$1.5 billion was the first startup in the gaming industry to acquire the coveted unicorn status. ...