Mobile Premier League acquires GamingMonk; launches Esports Arena
NEW DELHI: Esports and skill gaming platform Mobile Premier League (MPL) announced on Tuesday that it has acquired esports gaming platform GamingMonk for an undisclosed amount. GamingMonk hosts esports tournaments across multiple platforms, including PCs, consoles, and mobile phones. It serves as a springboard for publishers and a community for gamers creating an integrated ecosystem in esports, live streaming and content discovery.
As part of the transaction, MPL absorbed the entire GamingMonk team. This acquisition will enable MPL to accelerate, bring to market key IP addresses of national, regional and global tournaments and develop a full range of esports and broadcasting capabilities.
As of April 2021, Delhi-based GamingMonk had over 1.3 million registered users.
“GamingMonk will increase our efforts to reach our target audience and interact effectively with our users. With the increase in esports consumption over the past two years and becoming as competitive as any other sport, it gives us immense pleasure to present our users with the best games to play and to enjoy their passion for games, ”said Sai Srinivas, Co-founder and CEO of MPL.
MPL also launched Esports Arena, the banner under which the platform will host bi-monthly eSports tournaments in some of its flagship games such as Chess, WCC, Pool and more. Each of these tournaments will carry a cash prize of Rs10 lakh and entry is free for all players. MPL will also broadcast the games on its social media platforms.
With Esports Arena, MPL aims to bring eSports to the general public, with game titles compatible with smartphones.
In four of these tournaments held for games such as billiards, chess and WCC, the number of live views exceeded 5 million, with more than 70,000 participants registered for the tournaments. Grand chess master Vidit Gujrathi, as well as famous players and streamers such as Jonathan Gaming, Gaming Guru, Soul Regaltos and others were part of these tournaments.
“I firmly believe that our collaboration with MPL will not only help us achieve our goal, but also transform the way every individual in our country views esports. MPL was one of the pioneers in changing the gaming culture in Asia, and it was not clear to us whether there was someone who could help us achieve our goal at the most. early on, it had to be them, ”said Ashwin Haryani, co-founder of GamingMonk.