Universal Sportsbiz Pvt. Ltd

Virat, Sachin backed Universal Sportsbiz raises Rs300m: Report

Last updated : Apr 14, 2021 20:04
SportzPower Team
Apr 13, 2021 20:04

MUMBAI: Five months after Universal Sportsbiz Pvt. Ltd. (USPL) offloaded equity to Walmart-owned Flipkart, the Bengaluru-based fashion brand is reportedly raising Rs 300 million (about $4 million) in debt funding. 

The current fund raise is from independent corporate trustee Vistra ITCL (India) Limited on behalf of Spark Alternative Investment Trust, Inc42 reports. 

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