India-based Mobile Premier League (MPL) has raised $20,000,000 in a Series A funding round led by Sequoia Capital, Steadview Capital, and Truecaller. The funding will be used to scale MPL's platform and strengthen its position in the global mobile esports industry.

Founded in 2018 by Shubh Malhotra, MPL is the world's leading mobile esports platform, offering users the opportunity to participate in free and paid competitions across 60+ games in multiple categories, including fantasy sports, sports games, puzzles, casual, and board games. The platform is trusted by over 90 million registered users across Asia, Europe, and North America and hosts hundreds of millions of tournaments a month.

"We're thrilled to have Sequoia Capital, Steadview Capital, and Truecaller on board as investors. Their support validates our vision to create a world-class mobile esports platform and we're excited to partner with them as we continue to grow and expand," said Shubh Malhotra, Co-Founder of MPL.

Mobile esports is a rapidly growing industry, and MPL is at the forefront of this trend. The company's user base has grown significantly since its launch, and with the new funding, MPL plans to further enhance its platform and introduce new games to attract a wider audience.