Mobile Premier League has pushed its valuation to $2.3bn, though none of its corporate backers elected to return for the latest round.

Mobile Premier League (MPL), an India-based mobile gaming platform backed by ride hailing service Gojek, telecommunications company Telstra and quantitative trading firm Susquehanna International Group (SIG), has raised $150m in funding, according to the Economic Times.

Legatum Capital led the round, while Accrete Capital, Gaingels, Moore Strategic Ventures and RTP Global also took part. MPL fetched a valuation of $2.3bn.

MPL operates a mobile gaming and esports platform across India, Indonesia and the US with a portfolio of dozens of…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.