Mobile Premier League acquires GamingMonk to widen esports portfolio

 

Esports and skill gaming platform Mobile Premier League (MPL) said that it has acquired New Delhi-based Esports gaming platform GamingMonk. GamingMonk hosts Esports tournaments across multiple platforms including PC, Console and Mobile. It serves as a launchpad for publishers and a community for gamers creating an integrated ecosystem across Esports, live streaming, and content discovery.

"GamingMonk’s vision was to change the Esports scenario in India,” said Ashwin Haryani, Co-Founder, GamingMonk. “I strongly believe that our collaboration with MPL will not only help us accomplish our goal, but also transform the way every individual in our country views esports.”

The firms did not reveal the financial details of the transaction. As part of the transaction, MPL has absorbed the complete GamingMonk team. This acquisition will allow MPL to accelerate bringing to market key national, regional, and global tournament IPs. It would allow MPL to develop a full suite of Esports and broadcasting capabilities. This would be anchored by the GamingMonk team's strong track record of leading online and offline eSports tournaments.

As of April 2021, GamingMonk had a registered user base of over 1.3 million users.

“In our mission to serve gamers in India, GamingMonk will augment our efforts in reaching our target audience and engage with our users effectively,” said Sai Srinivas, co-founder and CEO, MPL. “With the increased consumption of Esports 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.”

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