Sachin Tendulkar-backed Smaaash Raises INR 40 Cr Funding from Manyavar founder
Smaaash Entertainment, a gaming and entertainment company backed by famous Indian cricketer Sachin Tendulkar, has raised a fresh capital worth INR 40 Cr from several high net-worth individuals (HNIs) such as Manyavar founder Ravi Modi, former vice chairman of Cognizant, Lakshmi Narayana and Vijaylaxmi Poddar of Balkrishna Industries.
The firm Smaaash Entertainment Private Ltd prepared 10,605,350 preference shares worth INR 10 per share and premium shares worth INR 27.92 per share on March 23, 2018.
Smaaash is an immersive and entertainment platform that provides entertainment centers in Mumbai, Gurgaon, Hyderabad, Bengaluru, Noida, and Ludhiana. The Sachin Tendulkar-backed firm offer sports simulation technology based on popular sports such as cricket, football, racing and recreation...