Gaming unicorn Mobile Premier League (MPL) plans to let go of around 60% of its India workforce following the ban on online real money games (RMG).
MPL cofounder Sai Srinivas Kiran, in an internal mail, informed the staff that the startup will be downsizing its workforce in India significantly, Reuters reported.
“We are committed to providing those impacted with every possible support during this transition period … India accounted for 50% of M-League’s revenues and this change would mean that we would no longer be making any revenue from India in the near future,” Srinivas wrote in the email.
As per a separate Moneycontrol report, MPL has around 500 to 600 employees in India.
Inc42 has sent a questionnaire to MPL seeking further details about the development. The story will be updated on receiving responses.
This comes weeks after President Droupadi Murmu gave her assent to the Promotion and Regulation of Online Gaming Bill, 2025 which bans real money gaming platforms in the country.
(The story will be updated soon)
The post MPL To Lay Off 60% Of India Staff: Report appeared first on Inc42 Media.
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