Fantasy Akhada to Join Forces with GMR Sports: A $175 Million Deal in the Making
The Indian-based fantasy sports platform Fantasy Akhada revealed in the last month of January 2023 that it intended to offer major stakes to GMR Sports – a member of the GMR group. Spread across a couple of years, GMR Sports is likely to directly buy out stakes own some of the initial partners, and grow into a larger entity with the deal estimated between USD 160 – 175 Mn (Rs 1,300...
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