MPL sets up Rs 37 Cr fund for Indian game developers.

E-sports and mobile gaming platform, Mobile Premier League (MPL) has announced Rs 37 crore fund for Indian game developers and studios to evolve their games for national and global audiences.

The company has also paid off 10 of its game developer partners Rs 10 crore since November last year.

"At MPL, we recognise the tremendous potential that the Indian game developer ecosystem has and thus, have announced a Rs 37-crore fund that game developers can use to build their offerings," MPL co-founder Shubh Malhotra said in a statement.

MPL has also expanded internationally, with over 3.5 million users in Indonesia, thus taking Indian-made games to the world. The fund is open to all Indian game developers and studios and they can apply for it by reaching out to MPL, the statement said.

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