Hotline: 1800 102 2007
X
Search Business Opportunities
Oct, 04 2018

Mercury Sports is planning to raise Rs 100 crore

In order to build an ecosystem for mixed martial arts in India, Mercury Sports Entertainment is planning to raise Rs 100 crore.

In order to build an ecosystem for mixed martial arts in India, Mercury Sports Entertainment, the India master franchise holder of Brave Combat Federation (Brave CF), is planning to raise Rs 100 crore.

The company looks to raise the funds for opening a chain of around 50 Brave-branded gyms across the country. It is also planning to launch a reality show and bring a new MMA league under the aegis of Brave CF to India. 

Akbar Rasheed, Founder-Promoter of Mercury Sports Entertainment, said, "MMA is witnessing a major following across the globe, and while the signs are promising in India, it is still at its nascent stage here. We partnered with Brave CF with a clear vision to create an MMA culture in India in the next three years." 

In August 2018, Mercury Sports Entertainment signed a master franchise agreement with Brave CF. The agreement allows the company to be the official partner and India promoter of Brave CF for the next five years. Brave CF is Bahrain's largest mixed martial arts promotion.

"The deal with Brave is for five years, with a clause of extension. We have got it for $0.5 million. Apart from gyms, MMA league, and reality show, the partnership will further expand to merchandise as well," he added. 

Comment
Related opportunities
  • Ice creams & Yogurt Parlors
    About Us: Bombay Kulfis set up their base in July 2016..
    Locations looking for expansion Andhra pradesh
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Andhra pradesh
  • Others Food Service
    About Us: Let's Meat is an innovative brand from Jaipur which..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Designer Wear
    About : Started in 2014, H&S sources its fabric from Italian..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Preschools
    About Us: Early childhood education or pre-schooling has emerged as a..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 1600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities