Mobile Premier League raised an estimated $150M at a $2.3 billion valuation.
Mobile Premier League raised an estimated $150M at a $2.3 billion valuation.
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Mobile Premier League raises $150M at $2.3B valuation for mobile esports

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Mobile Premier League became a new unicorn in mobile esports as it raised a funding round at a $2.3 billion valuation. The Bengaluru, India-based company provides mobile esports games in which players compete in skill-based games for prizes. GamesBeat confirmed through a source that the amount raised was $150 million.

The company launched in July in the U.S., and it is aiming at reaching 300,000 players and $100 million in gross merchandise value by the end of the year. MPL did not say how much money it raised, but a source familiar with the deal said it had raised $150 million at the unicorn valuation. (Unicorns are startups with valuations over $1 billion).

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.