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December 17, 2008

Deal Alert: Leander Sport raises Angel Financing

From Press Release

Leander Sport Pvt. Ltd., a sports management and marketing company promoted by Indian tennis legend Leander Paes, has received financing from multiple angel investors. Investment bankersViedea Capital Advisors was the advisor to Leander Sport on the transaction. "We expect to do a larger institutional fund raise for the company in 8-12 months to fund growth and expansion", said Uday Disley, Director of Viedea Capital.

Leander Sport offers clients’ sports education services such as content creation, content management & distribution, and sports media properties, aimed at the active life style segment. The company also offers sports infrastructure consulting services ranging from concepts & designs to implementation & facilities management. Traditional sports management areas such as sponsorship sales, brand licensing and asset management are also a part of the company’s services portfolio.

Aside from Leander Paes, the company currently manages Sri Lankan cricketers Muttiah Muralidaran and Sanath Jayasuriya, Rahil Gangee of the Asian Golf Tour and Chennai based A1 Grand Prix driver Parthiv Sureshwaran.