Capri Global has made its first-ever historic swing into cricket by acquiring a franchise in UAE’s T20 league. Capri Global Group’s interest varies for the duration of sectors through its subsidiaries and the net worth of the Group is more than Rs. 3,800 Cr. Key ventures of the Group are Non-Banking Financial Company (NBFC), Stressed Assets Fund (SAF), and Sports Venture. The Group Company, Capri Global Capital Limited (CGCL) is certainly one of India’s primary Non-Deposit Taking Systemically Important Non-Banking Financial Companies with a USD 1 Billion+ market cap. Promoted through manner of way of a first-technology entrepreneur, Mr. Rajesh Sharma, CGCL is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
“We are pleased to collect a franchise in UAE’s T20 league. Our foray into sports activities sports franchising lets Capri Global leverage the passion that the Indian goal marketplace has for cricket. We see excellent synergy coming through this alliance, which includes a group of thrilling moments that are set to elevate the cricketing revel in our Indian goal marketplace at the global platform,” said Rajesh Sharma, Managing Director of Capri Global Capital Limited
They consider that the land of opportunity through its sports activities, sports IP has created an image that because it has to depict what represents the UAE. This time UAE’s T20 League is a very achieving season and want to look them internet web hosting many more within side the years to come. A long-term investment perspective is a testament to the electricity of UAE’s T20 League’s Business Model and its charge proposition to its stakeholders and an ode to the UAE due to the fact the holiday spot of preference for global sports activities sports events.
Khalid Al Zarooni, UAE’s T20 League Chairman and Vice-Chairman Emirates Cricket Board said, “I am very excited to welcome Mr. Sharma to UAE’s T20 Family! To have an associate who is referred to as certainly one of India’s primary investment bankers, purchasing for into the UAE’s T20 vision and making funding into sports activities.”