Hotline: 1800 102 2007
X
Search Business Opportunities
growth 2016-03-22

"This is my first widespread and extensive business venture" Bindra

Ace shooter Abhinav Bindra has floated a venture fund that will invest in startups.

By Deputy Features Editor
"This is my first widespread and extensive business venture" Bindra

Ace shooter Abhinav Bindra has floated a venture fund that will invest in startups. The Olympic champion has set up an incubation fund, called Shooting Star LLP, in equal partnership with consulting firm Franchise India and an initial investment of $2 million and will be expanded further.

"This is my first widespread and extensive business venture. A startup is very much like an athlete's life... There's no guarantee for success," Bindra. "There are only challenges but that's a life I've lived for the last 20 years. Shooting is a great sport but not where you can make sustained economic benefits over a lifetime says Abhinav Bindra, the ace shooter who has also been the first ever Indian to win an individual gold medal in Olympic games. I have been contemplating "What More” and that is where the Shooting Star LLP’s Idea was born.

Franchise India would bring the infrastructure and growth support across India and overseas at Shooting Star LLP. Commenting on the same Gaurav Marya, Chairman of Franchise India and partner in Shooting Star LLP, say "The fund will be used for making investments in such service oriented startups that have scalable formats and specialized domain expertise such as emerging sports academies, sports injury, Rehab, tech, equipment, training, health apps, child development, holistic wellness, organic food and dairy.” 

 

Comment
Related opportunities
  • Casual dine Restaurants
    About: “Farmer & Sons" aspires to expand its presence as the..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: Pizza is easily recognised food item in the world,..
    Locations looking for expansion Gujarat
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Men's footwear
    About: Established in 2010, Vision Footcare India Private Limited is promoted..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Chaat Ok Please is brought to you by Black..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts