International Cricket League Seeking Seed Investment
About Business
The business is developing a new IP-based cricket format featuring an independent governing body headquartered in Dubai. The format is designed as a 12-over, 12-player cricket model and will be introduced through domestic leagues across 12 countries in phases.
The first season is planned to be launched either in India or Dubai, following which the format is expected to expand to other international markets. The project is currently valued at approximately USD 50 million.
Under the proposed country partnership model, the Indian co-cricket association/country partner will be required to pay a licensing fee of USD 6 million and will have the right to establish and sell six teams, with each team valued at approximately USD 3 million.
The promoters are currently seeking an investment of INR 10 crore to support the launch and initial implementation of the cricket format.
The founder is an experienced cognitive science researcher who, before COVID-19, worked with schools across South India and operated an office in Delhi. His work focuses on applying cognitive science and behavioural methodologies to education, skill development, and human potential.
He was recognized as an International Sports Promoter by the Dr. Abdul Kalam Azad Foundation, New Delhi, in recognition of his contribution to sports promotion.
Following the COVID-19 period, he expanded his work into sports and initiated a cricket league in Sharjah, UAE, combining his experience in education, cognitive science, and sports promotion.
Clientele type
Cricket enthusiasts
Premises
The premises are leased.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 10.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
They are raising funds to launch the governing body and give license in India.
Licenses
Dubai sports council
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
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