Monday, March 1News That Matters

Tag: valuation

MPL valuation doubles in four months

Business
SynopsisFirm picks up funds at nearly $800 million valuation as on-line gaming sector clocks huge utter amid the pandemic.ETtechOnline gaming startup Mobile Premier League () has raised spherical $100 million in a fresh financing spherical valuing the firm at nearly $800 million, stated two folks in the know. The fresh fundraise has been led by fresh investors together with Composite Capital, Moore Capital and Telstra Ventures, alongside with participation from a bunch of its existing backers, any other person in the know stated. The valuation for MPL has nearly doubled from its outdated spherical when it stood at $450 million, as ET reported on September 21, final year. The actual money competitive mobile gaming platform had brought onboard a grab of investors take care of SIG World an...