
- Galactus Funware Technology Private Limited("Mobile Premier League" or "MPL"), operates as a digital gaming platform. It is an online skill base gaming platform that serves in the B2C space in the Mobile, Gaming, Media & Entertainment market segments.
- MPL offers 60+ games in categories such as fantasy sports, card games, arcade games, puzzle games, action games, and more. MPL has over 90mn registered users globally playing real money games such as Rummy, Chess, Fantasy Cricket, Fruit Chop, 8 Ball Pool, Carrom, and more.
- MPL allows its user to participate and compete in multiple skill-based mobile gaming tournaments. MPL renders real cash rewards to those who win in these online tournaments. MPL also provides the option of connecting with friends and offers bonuses for referring others to play on its platform.
- Anyone can play rummy games on the MPL app (other than the MPL-banned states which are Karnataka, Andhra Pradesh, Assam, Odisha, Nagaland, and Telangana.)
- The core of MPL's business model centers on its user-centric app. It generates revenue by charging players an entry fee for game participation. Additionally, when tournaments are organized, MPL earns a hosting fee equivalent to 15%-20% of the total funds contributed by participating players. The gaming apps offered by MPL also generate income through advertisements and in-app purchases.
- MPL is classified as a subsidiary of a foreign company. MPL started its operation in India in May 2018 & expanded itself to the USA in July 2021, Germany in February 2022, and Africa in May 2023.
- MPL has incorporated on May 22, 2018, and registered at ROC-Bangalore.