Gaming startup Mobile Premier League raises ₹248 crore

Mobile e-sports platform Mobile Premier League (MPL) has raised around ₹248 crore in Series A funding round led by Sequoia India, Times Internet, and GoVentures, with participation from other investors. As per Crunchbase, MPL has raised $40.5 million in funding to date. Bengaluru-based MPL was founded by IIT Kanpur alumnus Sai Srinivas Kiran G and BITS Pilani alumnus Shubh Malhotra.