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

Ace Shooter Abhinav Bindra debuts in business; launches Incubation Fund

After ace badminton player Saina Nehwal, Olympics winner Abhinav Bindra has floated a venture fund that will invest in start-ups.

Ace Shooter Abhinav Bindra debuts in business; launches Incubation Fund

Olympics shooting champ Abhinav Bindra 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 start-up is very much like an athlete's life... There's no guarantee for success," said Bindra.

The ace shooter, who has also been the first ever Indian to win an individual gold medal in Olympics, further added, "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. I have been contemplating ‘What More’ and that is where the Shooting Star LLP’s Idea was born.”

Aiming to back innovative ventures, Shooting Star LLP welcomes young entrepreneurs to share brilliant ideas with the firm.

Franchise India would bring the infrastructure and growth support across India and overseas at Shooting Star LLP.

Elaborating on its role, Gaurav Marya, Chairman, Franchise India and partner in Shooting Star LLP, said, "The fund will be used for making investments in such service oriented start-ups 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.”

Franchise India is Asia’s Largest Business Growth organization with 18 years of specialization in the empowerment and growth of Startups, small and medium business and corporates across B2B and consumer businesses.

The company brings to businesses right partners, brand growth strategy and expansion advisory through its media, forums and consulting verticals. A 700 people on the ground team at Franchise India has been addressing business needs of Start-up and growth entrepreneurs across the country.

Comment
image
image
mobile
address
star franchise india
Related opportunities
  • Management Software
    About Us: We are a technology driven company, focusing on creating..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10000 - 50000
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Haveli Maharashtra
  • About Us: “99 Pancakes” is first and India’s fastest growing business..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Aviation & Hospitality Training Institute
    About Us: Indira Gandhi Institute of Aeronautics has carved a niche..
    Locations looking for expansion Delhi
    Establishment year 2003
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Tempteys is India's first dedicated Cold beverage cafe serving..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
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

pincode
ads ads ads ads