PHL organisers unveil 3rd franchise owner in 6-team league

NEW DELHI: The organisers of the upcoming Premier Handball League have unveiled realty firm Shatvik Corporation, with diversified pigments and agrochemicals interests through its group companies, as owners of the Rajasthan Wolverines franchise in the six-team PHL.

Led by entrepreneur Yash Dave, Shatvik Corporation was established in 2012. The company’s latest real estate venture has a valuation of Rs 2.50 billion. Dave and other stakeholders also have a strong pool of product basket and presence in almost every continent through their diverse business interests in the pigment and agrochemical industry with their group companies.
    
The PVL, which is exclusively licensed to Bluesport Entertainment Pvt Ltd under the aegis of Handball Federation of India, had earlier unveiled Garvit Gujarat and Golden Eagles Uttar Pradesh. The addition of The Rajasthan Wolverines will bolster PHL’s mission of revolutionising handball in the country and delivering a never-seen-before experience not just to the players, coaches and stakeholders but also to the fans with this tournament, which is set to kick-off next year.

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