Go-Jek investment arm makes first deal and it is an Indian e-sports startup

e-sport Mobile Premier League (MPL) has raised a US$35.5 million funding from Sequoia India, Times Internet, and Go-Jek’s , Go-Ventures, as reported by The Economic Times. Joining the round are RTP Global, Beenext, Base Growth, and Venture Highway.

MPL was founded early in 2018 and to date has secured a total of US$40.5 million in funding, with its Series A funding round announced in November last year led by Sequoia Capital, which also backs Go-Jek.

MPL is a for mobile , focussed on casual gaming genres like arcade, adventure , or sports. The company said it has managed to have 25 million registered users across both Android and iOS.

So far, Go-Jek has acquired four Indian companies; Leftshift, Pianta, C42 Engineering, and CodeIgnition. This is the first publicly known investment through Go-Ventures.

Go-Jek has had a presence in India since 2016 with an engineering facility set up in Bangalore.

Continuing its investment frenzy, the Indonesia-grown unicorn is reportedly in talks to form a joint venture with Rebel Foods, a cloud kitchen company.

Regarding its e-sports foray with MPL investment, Go-Jek is said to start sponsoring gaming competitions and has started to build an e-sports division since last year.

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