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
image
Related opportunities
  • Education Supplies
    About Us: TicTacToe Learning Center is an afterschool program, learning English..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About Us: Nainital Momos was setup with an aim to prepare..
    Locations looking for expansion Delhi
    Establishment year 2013
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    Kathi Junction – brings the golden opportunity to start your..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater NEW DELHI New Delhi
  • Tea and Coffee Chain
    About Us: Belief: “as is sound, so as echo” Mission: “best tea every t..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
Entrepreneur
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