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MS Dhoni invests in Bengaluru-based desi fitness equipment startup Tagda Raho

Economic Times

Economic Times · 1y ago

MS Dhoni invests in Bengaluru-based desi fitness equipment startup Tagda Raho

Cricket legend MS Dhoni has invested in Bengaluru-based fitness startup Tagda Raho, which offers a unique fitness program blending traditional Indian equipment and modern training applications. The startup plans to expand to four to five more states next year and aims to enter international markets. Dhoni said he was impressed by the concept and is excited to be part of the brand's vision. Tagda Raho has been utilized by professional teams and institutions and is known for its dedication to Indian physical culture.

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MS Dhoni backs electric cycle maker EMotorad

Entrackr

Entrackr · 1y ago

MS Dhoni backs electric cycle maker EMotorad

Electric cycles maker EMotorad has raised an undisclosed amount in a new round from Indian cricketer Mahendra Singh Dhoni. Post investment, Dhoni will have equity ownership in EMotorad and will also become brand ambassador for the company. Earlier to this round, the startup had raised $20 million in a Series B round led by Panthera Growth Partners in November 2023. Founded in 2020 by Kunal Gupta, Rajib Gangopadhyay, Aditya Oza and Sumedh Battewar, EMotorad operates a network of over 350 dealers across India and over 10 experience centres. The company claims that it is sourcing approximately 70% of the components locally, and has sold over 80,000 electric cycles in the last three years. It further aims to expand to 100,000 electric cycles by FY25 globally. EMotorad competes with TrottleMotors, eLIFE, Motovolt, and Yulu, among several others. MS Dhoni’s investments include Garuda Aerospace, Rigi, Tagda Raho, Khatabook, Cars24.

EV Startup EMotorad Taps Dhoni As Equity Investor

Inc42 · 1y ago

EV Startup EMotorad Taps Dhoni As Equity Investor

Former Indian cricket captain Mahendra Singh Dhoni has invested in Pune-based electric vehicle (EV) startup EMotorad. He will also become the brand ambassador for the company. EMotorad, founded in 2020, sells electric cycles for daily commuting and casual rides, aiming to offer sustainable travel alternatives and promote a healthier lifestyle. The company recently raised $20 million in a Series B funding round and claims to have sold over 80,000 electric cycles globally. Dhoni's investment in EMotorad follows his previous investments in startups such as Tagda Raho, Khatabook, and Cars24.

MS Dhoni Tops Up Bet On Drone Startup Garuda Aerospace

Inc42 · 10m ago

MS Dhoni Tops Up Bet On Drone Startup Garuda Aerospace

- MS Dhoni has invested in Chennai-based drone startup Garuda Aerospace - Dhoni is the brand ambassador for Garuda Aerospace - Garuda Aerospace has a vision to make India a global drone hub by 2030 - The startup secured $22 million in Series A funding recently - Garuda Aerospace aims to sell 25,000 drones in the next 18 months - The company plans to export 10,000 drones to about 100 countries

From the field to boardrooms: Sports stars who backed startups in 2023

Inc42 · 1y ago

From the field to boardrooms: Sports stars who backed startups in 2023

Indian sports stars, including Sachin Tendulkar, Virender Sehwag, and Sourav Ganguly, have been investing in Indian startups, along with active players like Neeraj Chopra and Hardik Pandya. With India's thriving startup ecosystem, these sports personalities have seen the potential for returns and have made substantial investments. Some notable investments include Ajinkya Rahane's investment in dairy alternative startup OATEY, Hardik Pandya's investments in kids' footwear brand Arreto and D2C food startup Yu, and Mahendra Singh Dhoni's investments in Rigi and Tagda Raho.

Bessemer Venture bets on fitness brand Boldfit

VCCircle

VCCircle · 9m ago

Boldfit, a consumer fitness startup based in Bengaluru, has secured $13 million in a Series A funding round led by Bessemer Venture Partners. The company, which sells activewear, fitness accessories, and sports equipment, plans to use the funds to expand its product offering and deepen its presence in key markets. Boldfit has already partnered with IPL teams such as Mumbai Indians and Royal Challengers Bengaluru and has served approximately 10 million customers in India. This investment marks Bessemer Venture's fifth investment this year.

Raho Hospitalities raises Rs 20Cr in a seed round from Campus Fund

IndianStartupNews

IndianStartupNews · 1y ago

Raho Hospitalities raises Rs 20Cr in a seed round from Campus Fund

Bengaluru-based startup Raho Hospitalities has raised Rs 20 crore in seed funding from Campus Fund. The company plans to use the funding to establish 40 new projects across India by 2025 and target an annual revenue of Rs 380 crore within the next five years. Raho aims to bridge the gap in quality accommodation options in non-urban areas, offering immersive and affordable travel experiences tailored to the needs of millennials. The startup plans to offer unique accommodations such as homestays, glamp-tents, and prefab units to cater to the preferences of millennial travelers.

Dhoni invests in Pune e-cycle maker EMotorad

Thehindubusinessline

Thehindubusinessline · 1y ago

Dhoni invests in Pune e-cycle maker EMotorad

Pune-based e-cycle startup EMotorad has partnered with former Indian cricket captain Mahendra Singh Dhoni. Dhoni has not only invested in the company but will also serve as its brand endorser. EMotorad manufactures e-cycles for adventure seekers, daily commuters, and casual riders. The company exports its products worldwide and customizes them to meet country-specific regulations. With operations in eight countries, EMotorad has over 350 dealers and 10 experience centers in India. In November 2023, the company secured ₹164 crore in funding in a Series B round led by Panthera Growth Partners.

Mahendra Singh Dhoni ventures into the EV space, invests in EMotorad

IndianStartupNews

IndianStartupNews · 1y ago

Mahendra Singh Dhoni ventures into the EV space, invests in EMotorad

Pune-based EV startup EMotorad has partnered with former Indian cricket captain Mahendra Singh Dhoni. Dhoni will be a brand endorser for EMotorad and will also have equity ownership in the company. EMotorad provides e-cycles for adventure seekers, daily commuters, and casual riders. The startup plans to expand globally and invest in cutting-edge technology. It currently holds over 60% of India's e-cycle market share and aims to fill the transportation gap. EMotorad recently raised Rs 164 crore in a Series B funding round led by Panthera Growth Partners to enhance its manufacturing capabilities and global outreach.

MS Dhoni-backed Garuda Aerospace launches Droni consumer drone

Economic Times

Economic Times · 1y ago

MS Dhoni-backed Garuda Aerospace launches Droni consumer drone

Chennai-based company Garuda Aerospace, backed by cricketer MS Dhoni, has launched a consumer drone called "Droni" on Amazon and the social media handles of Dhoni and the Chennai Super Kings cricket team. Priced at Rs 85,000, the drone is designed for convenience and quality, and it strengthens the partnership between Garuda Aerospace and Dhoni. The compact, foldable quadcopter nano drone weighs under 250 grams and has a 48 MP camera with a wide-angle lens. India has over 7 lakh consumer drones, with the majority originating from China.

MS Dhoni & Deepika Padukone hold stakes in Gensol Engineering, being probed by SEBI

Inshorts · 4m ago

MS Dhoni & Deepika Padukone hold stakes in Gensol Engineering, being probed by SEBI

Ex-India captain MS Dhoni and actress Deepika Padukone hold stakes in Gensol Engineering, currently being probed by market regulator SEBI for diverting funds. Deepika had invested in 2019 in a ₹25.62-crore round, which saw Bajaj Finserv MD Sanjiv Bajaj's participation too, while Dhoni had invested in a ₹200-crore round. Enforcement Directorate's Raipur office also owns stake in Gensol.

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