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Jonty Rhodes invests in UpUrFit, joins India’s sports wellness bid
Inshorts
·
2m ago
Medial
Cricket icon Jonty Rhodes has invested in Indian sports wellness startup UpUrFit and will serve as its brand ambassador. Founded by Munish Vig and Vikram Gunjal, the company offers products focused on recovery, pain relief, and hygiene. Launched in 2023, UpUrFit targets India's fast-growing fitness market, expected to reach $40 billion by 2030, driven by rising health and performance awareness.
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Anticipate, adapt, defend: Lessons from cricket for cybersecurity’s challenges - The Economic Times
Business Insider
·
7m ago
Medial
Cricket legend Jonty Rhodes and Fortinet VP Vishak Raman recently discussed the similarities between cricket and cybersecurity at a Fortinet event in Kochi. They stressed the significance of anticipation, resilience, and teamwork in both domains, underscoring the proactive defense approach through the use of AI and threat intelligence.
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Bhuvan Bam invests in sexual wellness brand Peppy, joins as cofounder
Economic Times
·
7m ago
Medial
Content creator and actor Bhuvan Bam has become an investor and co-founder of direct-to-consumer brand Peppy. The brand, focused on sexual wellness and pleasure, aims to challenge societal norms and create spaces for open discussions about personal needs. Peppy recently raised funds in a pre-seed round and is now looking to raise additional funds in a seed round. The global sexual wellness market was valued at $20.6 billion in 2023 and is projected to reach $32.5 billion by 2033, with the Indian market expected to reach $2.09 billion by 2030.
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Nexus Venture Partners invests Rs 100 crore in Agilitas Sports
Economic Times
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1y ago
Medial
Nexus Venture Partners has invested Rs 100 crore in Agilitas Sports, a sports technology and management platform. The funding will be used to scale up operations and expand its reach in the Indian market. Agilitas Sports aims to provide innovative solutions and services to athletes, sports organizations, and sports enthusiasts.
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Grapevine: Alpha Wave bids for stake in VLCC; Yulu Bikes eyes fresh funds
VCCircle
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12m ago
Medial
US private equity firm Alpha Wave Global has made a binding bid to acquire a 25% stake in VLCC Healthcare, a wellness company based in New Delhi. If successful, the deal could value VLCC at $600-700 million. Alpha Wave's bid includes the possibility of injecting fresh capital into the company. In another development, Indian bicycle-sharing platform Yulu Bikes is reportedly seeking new funds.
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Reddit cofounder Alexis Ohanian joins Frank McCourt's bid for TikTok
Economic Times
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5m ago
Medial
Frank McCourt has enlisted Reddit co-founder Alexis Ohanian as a strategic adviser in his bid to acquire TikTok's US operations. Recognized for his expertise in social media, Ohanian is expected to help advocate for Project Liberty, McCourt's initiative offering users control over their data. The bid aims to meet national security concerns while potentially acquiring TikTok's US assets. The proposition faces competition, and ByteDance, TikTok's parent company, remains only marginally involved.
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Dream Sports joins David Beckham, Gary Neville-led ownership group of Salford City FC
Economic Times
·
3m ago
Medial
Dream Sports has joined the ownership group of Salford City FC, along with football icons like David Beckham. This marks the company's entry into football club ownership, aligning with its global ambitions. Financial terms are undisclosed, but there's a commitment to invest in the club. Dream Sports, part of the members' club, is backed by investors like Tiger Global. The move is part of Dream Sports' diversification strategy as it navigates challenges in India's tax regime.
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Hornbill Capital submits $200 million bid to invest in Dhan at $1.25 billion valuation
Economic Times
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5m ago
Medial
Hornbill Capital, backed by Orchid Asia, has placed a $200 million bid to invest in stock trading platform Dhan at a $1.25 billion valuation. This bid is the largest among contenders in Dhan's funding talks, which also include ChrysCapital. Dhan, profitable and founded in 2021, competes with Groww and Zerodha. The investment round is expected to conclude in 30-40 days, potentially making Dhan India’s first unicorn of 2025.
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Ranveer Singh invests in sexual health startup Bold Care, becomes co-owner
Money Control
·
1y ago
Medial
Bollywood actor Ranveer Singh has invested in Bold Care, a sexual health and wellness startup, becoming a co-owner of the company. The Bengaluru-based firm aims to normalize conversations about sexual health and wellness, addressing the stigma and taboo associated with the topic. Bold Care has achieved an annual recurring revenue of INR 40 crore and sold over 300,000 units of condoms within 10 months since its launch. Ranveer Singh's involvement in the business has been described as "incredible" and the partnership is expected to be iconic.
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Shikhar Dhawan and AB de Villiers-backed Yashaa Global Capital gets greenlight for $75M fund
YourStory
·
4m ago
Medial
Yashaa Global Capital, an Abu Dhabi-based venture capital fund, received approval to launch operations focused on sports, media, gaming, and esports. Backed by former cricketers Shikhar Dhawan, Ravi Shastri, and AB de Villiers, it has a $75 million corpus, including a $25 million greenshoe option. The fund aims to invest in sports tech, fitness, wellness, esports, gaming, and professional leagues. The management includes co-founders Mohammed Sirajuddin, Arif Padaria, and Victor Tay.
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Gurugram's Inflection Point Ventures invests in Flow Sports Life
IndianStartupNews
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1y ago
Medial
Gurugram-based Flow Sports Life, a badminton and football academy, has raised an undisclosed amount in a seed funding round led by Inflection Point Ventures. The startup aims to transform one million children into lifelong athletes by providing advanced coaching in badminton and football. It plans to produce at least four Olympians by 2032 by leveraging AI-powered match analytics and comprehensive training analytics. Flow Sports Life currently has three centers in Delhi-NCR and will use the funding to expand its team, operations, marketing, technology development, and infrastructure improvements.
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