India, Sept. 1 -- 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.

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