Bengaluru-based Mobile Premier League (MPL) which recently became an unicorn has plans to increase the employee headcount to 2,500 by mid-2023 from 1,000 now, reported The Hans India. The gaming company recently signed an MoU with the Telangana government to set up a 500-seater office in Hyderabad.
“Eventually 500 people will be working out of the new office in Hyderabad. The number may include those who are already working with us. Some of them from our existing team may choose to move here,” MPL Co-founder and CEO Sai Srinivas was quoted in media reports. “I was born and brought up in Hyderabad and my parents currently stay at Gachibowli. Setting up an office here is like homecoming,” he added.
The company has been aggressively expanding its presence in India and overseas. Currently, it has offices in Delhi, Bengaluru and Pune in India, along with two work places abroad – one each in Djakarta and Singapore. Recently, the company relocated its registered office from Bengaluru to New Delhi.
“We are also planning to have another global office either in New York or Seattle in the US,” MPL Co-founder and CEO Sai Srinivas was quoted by Bizz Buzz. “At present, we have around 1,000 employees working across all our offices. We are going to add 1,500 people more to make the overall headcount to 2,500 by June, 2023,” he informed.
Recently, the Virat Kohli-endorsed MPL has raised $150 million in a funding round led by UAE-based investment firm Legatum Capital. ” Speaking about the Hyderabad office, he said: “Our focus is to build infrastructure for 500 people. We are looking at setting up office space in a leased building, most probably in Western part of the city. This will be one of our largest offices in India. The goal here is to essentially get folks who can help us further our gaming and e-sports platform development efforts.”
The gaming company is one of the petitioners in the online gaming ban case before the Karnataka High Court.