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Get Earn Free Unlimited Paytm Cash with Special New Tricks. Get Free Earn Paytm Cash by MPL Games instantly & You don’t have need any hard work using our special Tricks. So These are also good making free paytm cash on using MPL Application & Real Unlimited Paytm Cash Easaily every second to your wallet. When you win cash tournaments, your winnings will be deposited in your MPL winnings balance. Verification becomes mandatory for making withdrawals from your MPL account to your bank/wallet account. What is the minimum balance required for verification? How do I get my MPL.
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KYC & Withdrawals FAQs
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- The government ID card number on the card does not match with the Government ID card number entered during verification request. Double-check the ID card number that you have entered to avoid errors
- Date of Birth on the ID shows that you are below 18.Please ensure that you are above 18, then only initiate the KYC verification process.
- Name on the Government ID card does not match with the Name entered during verification request. Please ensure that you enter the exact Name on the verification request, as it appears on the Government ID.
- The documents uploaded by you are not clear/visible/Valid. Our experts are humans after all! Please help them by uploading clear documents so that they can verify your details quickly. Please make sure that you are uploading a valid Government ID card.
In the rare case that your verification request gets rejected, the reason for rejection will be sent to you via SMS/notification and you can re-upload the documents.
This might happen because of the following reasons- You do not have a Paytm account against your mobile number used in MPL. Please create a paytm account.
- You might not have done min KYC in Paytm. In this case, you will also recieve an SMS from paytm telling you the same when MPL will try to transfer cash into your paytm wallet
- Your limit in Paytm might have overflown. Paytm allows monthly 10,000 INR for min KYC customers and then you need to do full KYC. Even for full KYC customers, maximum limit is 1,00,000 Rs.
- Please make sure you are entering correct details in case of UPI and Bank account as we cannot cross verify the details here and money will be transferred to bank account entered if its a correct record as per bank.
You can also see the status of the transaction in your withdrawal history page. In case, of any discrepancies, we will refund money back into your MPL account within 7 working days.
Please contact our support in case of any issues and we would be able to help you with the exact issue. All prizes shall be subject to deduction of tax ('TDS') as per the Income Tax Act 1961. Winners will be provided TDS certificates in respect of such tax deductions. The Winners shall be responsible for payment of any other applicable tax, including but not limited to, income tax, gift tax, etc. in respect of the prize money.
As per current regulations, Tax will be calculated as follows i.e 30% tax + 4% cess which equals down to 31.2% on the won amount for any amount above 10,000 Rs won in a tournament
| Type | Private Limited |
|---|---|
| Industry | Mobile Gaming, e-Sports |
| Founded | September 2018 |
| Founder | Sai Srinivas Kiran Garimella, Shubham Malhotra |
| Headquarters | Bangalore, India |
| India, Indonesia | |
| Parent | Galactus Funware Technology Pvt. Ltd. |
| Website | https://www.mpl.live/ |
Mobile Premier League (also known as MPL) is a mobile e-Sports platform based in India. It is operated by Bangalore-based Galactus Funware Technology Pvt. Ltd.
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Users can compete in multiple skill based mobile gaming tournaments on MPL. It was launched in September 2018 and as of February 2021, the app has a user base of more than 60 million.[1]
History[edit]
Mobile Premier League was founded in September 2018 by Sai Srinivas Kiran Garimella and Shubham Malhotra, who earlier founded Consumer Electronics company CREO.[2] In February 2019 it was launched on the Apple App Store and for Android users as a sideload app. [3]
Funding[edit]
On 8 November 2018, it was announced that MPL has raised $5 million in a funding round led by Sequoia Capital.[2] On 24 April 2019, MPL raised $35.5 million in Series A funding from lead investors Go-Ventures, Times Internet and Sequoia Capital India.[4]
In September 2020, MPL raised US$90 million in a Series C funding round led by SIG, RTP Global, and MDI Ventures. [5]
In February 2021, the company raised US$95 million in a Series D funding round led by Base Partners, Composite Capital, Go-Ventures, Founders Circle, Moore Strategic Ventures, Play Ventures, RTP Global, SIG and Telstra Ventures. [6]
Operations and Partnerships[edit]
On 15 April 2019, MPL signed up as a member of All India Gaming Federation (AIGF), which focuses on setting regulations and policies to govern the gaming industry in India.[7]
In April 2019, MPL entered into a strategic partnership with Flipkart owned PhonePe. The partnership allows PhonePe users to play the fantasy cricket game MPL SuperTeam from within its app, thus giving a larger audience reach to MPL.[8][9]
MPL operates in Indonesia since May 2019.[10][11]
Game formats[edit]
MPL is a platform where users can signup to play skill-games and win cash prizes in return. Users can choose to play from three different formats of games.
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Tournaments[edit]
When playing in a tournament, users need to submit their high-score to rank high on the leader-board. Users can play a game multiple times in a tournament, only the highest score of each user is considered for final leader-board calculation.
1-vs-1 battles[edit]
Some games on MPL platform are available to be played against real players in 1-vs-1 mode. In this two player format, user scoring higher or finishing the game first takes home the winning amount.
Fantasy Sports[edit]
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Through SuperTeam fantasy sport platform, MPL gives its users an option to create a virtual team and join contests for upcoming live matches. Real life performance of selected players determine the points scored by the team created. Users are rewarded prizes based on the final ranking of their teams in a contest.
Collaborations[edit]
In March 2019, MPL signed up Virat Kohli as their brand ambassador.[12]
References[edit]
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- ^'Virat Kohli-backed e-gaming startup MPL nears unicorn status with latest $95 million funding'. Financial Express. Retrieved 26 February 2021.
- ^ ab'Sequoia leads investment in Creo founders' new gaming startup MPL'. VCCircle. 8 November 2018. Retrieved 2 May 2019.
- ^'MPL working with Google to restore app on Play Store'. Hindustan Times. Retrieved 18 March 2021.
- ^www.ETtech.com. 'MPL secures Rs 250 cr from Go-Jek arm, Sequoia India & Times Internet - ETtech'. ETtech.com. Retrieved 2 May 2019.
- ^'Mobile Premier League raises $90 million series C investment'. Livemint. Retrieved 26 February 2021.
- ^'Virat Kohli-backed e-gaming startup MPL nears unicorn status with latest $95 million funding'. Financial Express. Retrieved 26 February 2021.
- ^'Mobile Premier League (MPL) comes onboard as an AIGF Member. - India's Biggest Gaming Platform'. Retrieved 2 May 2019.
- ^Bhakta, Pratik (9 April 2019). 'PhonePe is tapping in-app merchants'. The Economic Times. Retrieved 3 May 2019.
- ^'PhonePe betting big on sports this year, sees growth in transactions'. Moneycontrol. Retrieved 3 May 2019.
- ^'Digital gaming startup MPL enters Indonesia after raising Series A round'. Techcircle. 2 May 2019. Retrieved 3 May 2019.
- ^'Indian gaming platform Mobile Premier League raises $90 million'. New Indian Express. Retrieved 18 March 2021.
- ^www.ETBrandEquity.com. 'Mobile Premier League announces Virat Kohli as brand ambassador - ET BrandEquity'. ETBrandEquity.com. Retrieved 2 May 2019.