MPL is in big losses and the new valuation of MPL is hardly 300 million $ information from auditors.
Source?
Auditors
auditors and valuers are not same roles. An auditor would typically be able to tell you the NAV of the enterprise. So $300 EV from an auditor's perspective says nothing about valuation determined by methods typically accepted in our glorified Indian startup ecosystem.
Cofounders are fired? From Striker and Mayhem?
MPL and every other gambling app's existence itself is humanity's failure
From what I hear from a friend who is aware of the leadership discussions, MPL might be looking to lay off close to 50% of its workforce and shut down most of its other BU’s to consolidate by October. This would include folks even till t...
companies like MPL should not exist in the first place. Why promote gambling?. not for any moral reasons, if someone...
MPL layoffs 50% of their indian workforce ~ 350 employees After the 28% GST rule
After many senior leaders in Finance and Corporate, now entire product team has left MPL. Gaming company is running without a product leader and team 😂 Remaining leaders are on verge of quitting before December
Anyone who is still stic...
With govt breathing down neck of all gaming RMG cos heard some big names are leaving
