Bengaluru: Cricketing legend Sachin Tendulkar on Thursday ventured into the world of badminton as co-owner of Premier Badminton League (PBL) franchise “Bengaluru Blasters” alongside Tollywood film stars including Chiranjeevi.
“Sachin, Chiranjeevi, Akkineni Nagarjuna and Allu Aravind, besides myself – we all of us have formed a consortium and invested in Bengaluru Blasters,” team Co-Owner and businessman Nimmagadda Prasad told reporters here.
Asked about the stakes picked up by the consortium members, Prasad denied to share details on it, but said he would disclose the details at an opportune time.
“For now we will not disclose the breakup of investments made by the members of the consortium, but would disclose it at an opportune time,” he said.
Asked whether it is a riskier affair to enter into badminton league which has not taken off as expected compared to Pro-Kabbadi, Prasad said the investors have bought the team considering the risk factors involved and with a desire to raise the standards of the sport in India. (PTI)