GamingMonk merges with Mobile Premier League MPL to widen e-sports portfolio

Lately, Mobile gaming platform Mobile Premier League (MPL) said it has attained city-based e-sports gaming platform, GamingMonk. The financial details of the transaction were not disclosed.

GamingMonk swarms e-sports tournaments through multiple platforms counting PC, console, and mobile phones. It also helps as a launchpad for publishers and gamer’s communities, generating an assimilated ecosystem across e-sports, live streaming, and content discovery.

GamingMonk has a registered user base of over 1.3 million users. As part of the transaction, MPL has absorbed the complete GamingMonk team. This acquisition will permit MPL to hasten to carry to market key national, regional, and global tournament IPs and allow MPL to develop a full suite of e-sports and broadcasting capabilities.

MPL co-founder and CEO Sai Srinivas states, "With the increased consumption of e-sports in the last couple of years and it becoming as competitive as any other sport, it gives us immense pleasure to present our users with the best of games to play, and enjoy their passion for gaming."

He added that GamingMonk will augment MPL's efforts in reaching the target audience and engaging with users effectively. MPL which had elevated USD 95 million in funding from Composite Capital and Moore Strategic Ventures taking its valuation to USD 945 million has also launched 'Esports Arena'.

Beneath 'Esports Arena', the platform will host publication e-sports tournaments in canvas games such as Chess, WCC, Pool, etc. MPL will also brook the games on its social media platforms to millions of viewers.

In four such tournaments steered for games such as Pool, Chess, and WCC, the number of Livestream assessments has crossed 5 million, with over 70,000 participants registering for the tournaments. Chess grandmaster Vidit Gujrathi, along with famous gamers and streamers such as Jonathan Gaming, Gaming Guru, Soul Regaltos, and others were a part of these tournaments. MPL has over 70 million users in India and 3.5 million in Indonesia.