In great news for Bhaichung Bhutia Football School, there has been fund raising from the two leading startups heads viz. CarWale and Zomato.
The founder of CarWale , Mohit Dubey and the co-founder of Zomato, Pankaj Chaddha who left the food tech company earlier this year, have invested in Bhaichung Bhutia’s Talent Invigoration & Sports Management (TALISMAN) with an undisclosed amount.
TALISMAN which carries an objective of establishing around 100 schools dedicated to the sports of football under the trade name of Bhaichung Bhutia Football Schools (BBFS).
BBFS being launched eight years before in 2010 by the former Indian football team’s captain Bhaichung Bhutia offers training across 15 Indian cities having one residential academy in GURUGRAM.
BBFS has trained more than 10,000 students so far through its 41 centers in schools across all 15 cities.
As in their in house training camp, 50 students have already enrolled themselves in who lie and train on campus.
In order to promote and develop the ecosystem of the sports of football Bhutia himself takes a round of the country seeking young talents.
Law firm Bharucha & Partners represented TALISMAN in this round and Kaushik Moitra, Partner, and Aditya Kumar Singh were the lead lawyers on the transaction.
“I have been heavily invested in the Indian sports sector throughout my professional career. It is an area that is, at last, seeing the regulatory reform and consequent investment that already exists in the developed world, and I am excited for the future and certainty it promises to our sports-people and athletes,” Moitra said .
“Bharucha & Partners’ grasp of our business practices and commitment to delivering the results we need has resulted in our placing absolute trust in their advice and services,” said Kishore Taid, co-founder, BBFS.
Earlier this year, B&P also advised India Sports Flashes in raising funds from Sri Capital.