About MPL
MPL is a company based in Bengaluru (India) founded in 2018 by Sai Srinivas Kiran Garimella and Shubham Malhotra. MPL has raised $401.22 million across 11 funding rounds from investors including Gojek, Kotak Mahindra Bank and Times Internet. The company has 212 employees as of March 28, 2024. MPL has completed 6 acquisitions, including CloudFeather, Crevise Technologies and GGX. MPL offers products and services including MPL Games. MPL operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, Zupee and Skillz, among others.
- Headquarter Bengaluru, India
- Employees 212 as on 28 Mar, 2024
- Founders Sai Srinivas Kiran Garimella, Shubham Malhotra
- Stage Unicorn
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Sectors
Media & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Galactus Funware Technology Private Limited
- Date of Incorporation 22 May, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$100.11 M (USD)36.46as on Mar 31, 2023
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Net Profit
-$10.49 M (USD)80.59as on Mar 31, 2023
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EBITDA
-$10.96 M (USD)79.63as on Mar 31, 2023
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Total Equity Funding
$401.22 M (USD)
in 11 rounds
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Latest Funding Round
$5.41 M (USD), Series E
Feb 09, 2025
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Investors
Gojek
& 63 more
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Employee Count
212
as on Mar 28, 2024
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Investments & Acquisitions
CloudFeather
& 5 more
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Products & Services of MPL
MPL offers a comprehensive portfolio of products and services, including MPL Games.
Games are offered for play on MPL platform.
People of MPL
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Software Development Team
43 people
Leadership Team
20 people
Data Analysis and Operations Team
12 people
Sales and Marketing
9 people
Senior Team
8 people
Product Management Team
5 people
Human Resources and Administration
5 people
SDET Team
4 people
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Funding Insights of MPL
MPL has successfully raised a total of $401.22M across 11 strategic funding rounds. The most recent funding activity was a Series E round of $5.41 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in MPL
MPL has secured backing from 64 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gojek, Kotak Mahindra Bank and Times Internet.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing in the US and Brazil
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Venture capital firm investing in startups and providing support programs.
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Early-stage venture capital fund
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Investor details for MPL
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by MPL
MPL has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include CloudFeather, Crevise Technologies and GGX.
Investment portfolio details for MPL
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital gaming assets are traded via an online marketplace.
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Locked | Locked | 2022 | Locked | |
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Provider of online gaming platform
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Locked | Locked | 2020 | Locked | |
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DevOps solutions are delivered for development and operations needs.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for MPL
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- Transaction dates
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- Domains and locations
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Financial Statements - MPL
Detailed financials for MPL
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
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Mpl Comparisons
Peer comparison for MPL
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of MPL
MPL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DraftKings, FanDuel, Dream Sports, Zupee and Skillz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online fantasy sports platforms are provided for multiple sports.
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Developer of a fantasy platform for multiple sports
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Operator of a multifaceted platform for sports content and experiences
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| Locked | Locked | Locked |
Operator of an online platform providing free-to-play digital versions of games
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| Locked | Locked | Locked |
A platform is operated for competitive mobile gaming and development.
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Detailed competitors of MPL
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Mpl
Complete news archive for MPL
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- Brand-specific news history
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Frequently Asked Questions about MPL
MPL was founded in 2018.
MPL is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sai Srinivas Kiran Garimella is the current CEO of MPL. They have also founded this company.
MPL is a funded company, having raised a total of $401.22M across 11 funding rounds to date.
As of Mar 28, 2024, the latest employee count at MPL is 212.
Annual revenue of MPL is $100.11M as on Mar 31, 2023.
MPL is operated as a platform for online gaming. Currently, cash games and deposits are not available due to legal compliance. The focus is maintained on providing non-cash gaming experiences to users. Operations are adjusted to align with applicable laws and regulations in the gaming sector.
MPL's top competitors include FanDuel, DraftKings and Dream Sports.
MPL offers MPL Games.
MPL has made 6 acquisitions, including CloudFeather, Crevise Technologies, and GGX.
MPL has 64 investors. Key investors include Gojek, Kotak Mahindra Bank, Times Internet, Preqin, and Peak XV Partners.
The valuation of MPL is $2.19B as of Aug 2023.