#RPSG Fund

[usasportsworld]

Complete List Of Players Bought By Lucknow Super Giants In IPL 2023 Auction

Complete List Of Players Bought By Lucknow Super Giants In IPL 2023 Auction

LSG Squad IPL 2023: Lucknow Super Giants (LSG) bolstered their squad by adding 10 new players in the recently held IPL 2023 Auction on 23rd December in Kochi. The franchise spent a total of INR 19.80 Crores of funds to make purchases of the players from the auction table. Down below is the complete list of players bought by Lucknow Super Giants (LSG) in IPL 2023 Auction. The RPSG Group-owned IPL…

[mishti107-blog]

RPSG Ventures is a SEBI registered AIF focused on investing in early stage consumer companies. RPSG Ventures is a venture capital firm based in India, having a track of record of building and scaling up brands. Visit us online to know more!

[singaporecmd368]

US fund and Indian tycoon bid more than US$1.6 billion for new IPL teams

A controversial US capital venture fund and an Indian tycoon on Monday (Oct 25) bid more than US$1.6 billion (S$2.16 billion) between them to set up two new teams in the Indian Premier League, the world's richest cricket tournament.

Sanjiv Goenka, whose RPSG conglomerate includes power, music and plantation concerns, offered more than US$930 million at an auction in Dubai to set up a team in the Indian city of Lucknow, the IPL said.

CVC Capital partners promised more than US$690 million to set up a team in Ahmedabad at the world's biggest cricket stadium.

The IPL will increase from eight to 10 teams from 2022 as it seeks to capitalise on its growing international popularity with increased fees for its television and other rights. The competition will have 74 matches, where each side will play seven home and seven away games.

The winning bids beat 20 other top Indian conglomerates and international concerns such as the Glazer family, owners of English Premier League football giants Manchester United, to secure the new teams.

The Luxembourg-based CVC has a cash chest of more than US$100 billion which it has used in recent years to change international sport. It has already spent several billion dollars to take major stakes in international rugby union and top football properties such as Spain's La Liga championship.

It has also bought into the international volleyball federation, previously owned Formula One and has been in talks in recent months to merge the men's and women's international tennis tours and to take a stake in the San Antonio Spurs National Basketball Association franchise.

"It is good be back in the IPL and I am delighted," RPSG owner Sanjiv Goenka told cricket website ESPNcricinfo. "It is an initial step. We now have to build a good team and perform."

Sourav Ganguly, president of the Board of Control for Cricket in India, which runs the IPL, said it was "heartening" to see the teams sold for "such a high valuation".

"It reiterates the cricketing and financial strength of our cricket ecosystem," he said.

He argued that the involvement of two foreign bidders, CVC and the Glazers, "strongly emphasises the global appeal of the IPL as a sports property".

"The IPL is proving to be a wonderful instrument in globalising the game of cricket," he added.

RPGS owns one of India's top football teams, Mohun Bagan, and used to be part of the IPL with the Rising Pune Supergiants, which took part in the tournament when two teams were banned in 2016-2017 over a corruption scandal.

Members of the two teams were charged with illegal betting and spot-fixing.

The IPL has been dogged by other corruption and gambling scandals. But it attracts huge TV audiences in India, and has spawned T20 tournaments around the globe.

Its brand value was estimated at US$6.7 billion in 2019 by the Duff and Phelps financial consultancy. Before the coronavirus pandemic, it was estimated to generate more than US$11 billion for the Indian economy each year.

This year, the eight-team competition was halted close to its halfway stage in May after two franchises reported Covid-19 cases. The second half was subsequently shifted to the United Arab Emirates, with the Chennai Super Kings, led by former India captain Mahendra Singh Dhoni, winning their fourth IPL title by beating the Kolkata Knight Riders in the final in Dubai.

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India’s Leading Customized Personal Care Brands - SkinKraft and Vedix raises Series A Funding led by RPSG Ventures

Hyderabad, 13th July 2020: Incnut Digital, a data-driven media and ecommerce startup has raised around $4M funding in Series A from RPSG Ventures, an early stage consumer-centric venture capital fund backed by RP-Sanjiv Goenka Group as its sponsor investor.

With the inflow of funding, the personalized beauty care startup, Incnut which houses – SkinKraft (India’s first customized Dermatologically-approved beauty care regimen) & Vedix (India’s first customized Ayurvedic beauty care regimen) is looking at strengthening and expanding its R&D labs, overall infrastructure and AI-driven data technology.

As per reports, India will constitute 5% of the total global cosmetics market and become one of the top five global markets in revenue terms by 2025, backed by the growing aspiration and awareness towards “personalized” products.

Mr. Chaitanya Nallan, CEO, IncNut, said, “Our vision at SkinKraft & Vedix is to revolutionize beauty with customized e-commerce. Since the last few years we have seen an increased interest in customised skincare using AI and ML. With RPSG Venture’s operational experience and expertise in the consumer domain, we will be able to strengthen our positioning and expand more rapidly across India.”

Mr. Abhishek Goenka, Head of RPSG Ventures, said, “Personalized beauty care provides a unique way of engaging with customers. SkinKraft & Vedix have been successful in building, scaling and sustaining a content to commerce community and have leveraged that in connecting the dots between brand building and performance. We, at RPSG Ventures, see an incredible potential in the data driven skincare industry. We are delighted to support the company in developing the technology as they start to scale the business.”

Chaitanya Nallan, Sangram Simha and Veerendra Shivhare built Incnut together in 2011. IncNut secured a seed round of Rs 50 lakh from Venture East in 2013, which was later purchased by Japanese conglomerate Istyle in 2018.

About IncNut Digital

IncNut is a leading digital and ecommerce platform that addresses everyday issues of today’s new age women who are always on-the-go, using media, commerce and technology. The company owns and operates the two of the largest women centric digital media platforms – Stylecraze.com (beauty, health & wellness) & Momjunction.com (parenting) along with India’s leading Personalised beauty care brands – SkinKraft & Vedix.

About RPSG Ventures

RPSG Ventures is an early-stage consumer VC Fund focused on investing in the B2C ecosystem including food & beverage, personal care and lifestyle goods. Established in 2018, RPSG Ventures is a value-adding ally of exceptional entrepreneurs looking to transform the Indian consumer landscape. The fund invests in early-stage consumer businesses across their Seed A to Series B rounds. Their current portfolio includes mCaffeine, The Souled Store and ShopG.

[news24fresh]

Incnut raises $4 m from RPSG Ventures

Incnut raises $4 m from RPSG Ventures

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E-commerce startup Incnut Digital has raised around $4 million funding in Series A from RPSG Ventures, an early stage consumer centric venture capital fund backed by RP-Sanjiv Goenka Group.

Incnut Digital owns and operates stylecraze.com, a portal focused on beauty, health and wellness and momjunction.com online platform on parenting. It is also behind two beauty care brands SkinKraft…

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At ATK, former Bagan coach recalls difficult times - football

It’s been over two years but early in the conversation, Sanjoy Sen spoke of the sense of dread he would feel on the 15th of every month.“That was when footballers were supposed to be paid and I would panic at the thought of meeting them at training. ‘Coach, do you have an update,’ they would ask,” said Sen on Friday.Sen was with Mohun Bagan then. He is with ATK now.“Mohun Bagan always cleared dues but I could see what a struggle it was. So, regarding players’ salaries, this is a very positive development,” said Sen, one day after Mohun Bagan and ATK announced they would form a new club from June 1, 2020.To be named ATK-Mohun Bagan, it will play in the Indian Super League (ISL) from next season.“I don’t know how much ATK will benefit but Mohun Bagan will. History and massive fan base they always had but now the football team will be run professionally. Credit to Mr Sanjiv Goenka for doing this,” said Sen. Sen was Mohun Bagan head coach from December 2014 to January 2018. Under him, Mohun Bagan won their only I-League title --- in 2014-15 --- and the 2015-16 Federation Cup. In the 2015-16 I-League, Mohun Bagan finished second to champions Bengaluru FC by two points. On his watch, Mohun Bagan became the first Indian team to win a round in the Asian Champions League qualifiers when they beat Tampines Rovers 3-1 in January 2016.At the time Mohun Bagan did not have a video analyst possibly because of funds possibly did not permit one, said Sen. Sen quit in January 2018 after Mohun Bagan lost 1-2 to Chennai City FC. Three days later, he was called by Goenka, chairman of the RPSG Group which owns ATK. “It was strange because I had been critical of the ISL,” said Sen, referring to his columns in a Bengali daily.Sen was appointed head of youth development at ATK on January 12, 2018.“In six years, ATK has three age-specific teams and a reserve team. (Centre-back) Sumit Rathi was spotted by our scouts and even though he is 18, he is a key player in our first team now. Every team has a video analyst,” he said. Rathi has started in ATK’s last four games ahead of India central defender Anas Edathodika.ATK’s reserve team played in the I-League second division last season. They also have a team in the Kolkata league which qualified to one division below the top tier in 2019 having won promotion in both seasons they have played. Following the merger, the future of that ATK team is unclear.Playing for an ISL franchise can insulate players from virulent reaction of fans Mohun Bagan and East Bengal players and support staff are often exposed to. “They may not be used to the occasional hostility of fans here but most foreigners in the ISL have played on a bigger stage. Local players (at ATK-Mohun Bagan) will have to step up to help them deal with it,” said Sen.Asked about it on Friday, Goenka said: “We will deal with it when it happens. After taking over CESC (the company that provides electricity to most of Kolkata) I had to deal with a hostile situation.”The “fusion” of two big teams is good news for ATK, said assistant-coach Manuel Cascallena ahead of Saturday’s top-table ISL tie against FC Goa here. “I think it is great for the city and the teams,” said central defender Agustin Garcia.The teams have invited each other for the weekend’s games at the Salt Lake stadium. “Of course, we will support Mohun Bagan (against East Bengal in the I-League) on Sunday,” said Cascallena. Read the full article

[m-n-a-critique]

IncNut Digital raises $4 million in Series A funding led by RPSG Ventures

#IncNutDigital raises $4 million in Series A funding led by #RPSGVentures

Media and e-commerce startup Incut Digital has raised around $4 million as a part of its Series A funding from early stage consumer-centric venture capital fund, RPSG Ventures, backed by RP-Sanjiv Goenka Group.

With the inflow of funding, Incnut will look at strengthening and expanding its R&D labs, overall infrastructure as well as invest in AI-driven data technology.

Incnut houses…

[bicplanet]

Kohli established to tee off with Goenka Bic Planet

http://www.bicplanet.com/sports/kohli-established-to-tee-off-with-goenka/

Kohli established to tee off with Goenka

Virat Kohli, Sanjiv Goenka to raise funds for celeb golf tournament 9 groups comprising celeb golfers, corporate honchos to tee off on Nov 10 Picture: Virat Kohli, correct, has collaborated as co-promoter with Sanjiv Goenka. Photograph: PTI The RPSG Team (RPSG) and the Virat Kohli Foundation...

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