MoU24 Oct 2025, 07:11 pm
Rose Merc Ltd. Signs MoU with KheloMore Sports Pvt. Ltd. to Drive Equity Funding in India’s Sports-Tech Sector
AI Summary
Rose Merc Limited, a diversified holding company, has entered into a Memorandum of Understanding (MoU) with KheloMore Sports Pvt. Ltd., a leading sports-tech platform. The strategic partnership aims to foster collaborative growth in the sports ecosystem by exploring equity funding opportunities, with a potential investment of up to 20 crores from Rose Merc. The collaboration will focus on enhancing business efficiency, market expansion, skill development, and innovation in areas such as venue management optimization, data analytics for fan engagement, and scaling KheloMore’s presence to over 10,000 venues. The MoU is effective for an initial two-year period.
Key Highlights
- Rose Merc Limited and KheloMore Sports Pvt. Ltd. sign a strategic MoU to drive equity funding in India’s sports-tech sector.
- The potential investment from Rose Merc could reach up to 20 crores.
- The collaboration aims to enhance business efficiency, market expansion, skill development, and innovation in the sports ecosystem.
- KheloMore’s presence is expected to expand to over 10,000 venues through this partnership.
- The MoU is effective for an initial two-year period.