SportzVillage, a Bangalore and Mumbai based company, has raised ~ $10 million from private equity firm Gaja Capital’s $250 million fund Gaja Capital III, reports ET. The funding will be used to expand operations. According to the same report, the company had raised $2 million from Bharati Jacob and Seedfund 5 years ago for one of its three businesses EduSports. There isn't much information available on SportzVillage, but its three businesses constitute SportzConsult, which is into sports management, EduSports, which provides physical education programs for schools and MeraSport, a tech initiative for ‘improving sports user experience’ through mobile, web and IPTV. As of now, the company claims to have a presence in 5 cities and offers services like sports marketing and events, sports infrastructure and sports ticketing among others. Other developments in the sector: - In July, Delhi based Playnlive Sports India, a startup which lets users search, plan and book sports slots at grounds and courts, launched an Android (Windows and iOS coming soon) app called Playnlive. The app lets users find and book fitness centres, sports clubs, sports academies, gyms and yoga centres along with sessions for personal fitness and yoga trainers at home. There’s also a company called 24by7 which lets users book for activities like aerobics, basketball, football, horse riding, skating, swimming etc in Rohtak, Delhi-NCR and Bhiwadi. - In October last year, Multi Screen Media (MSM) owned LIV Sports secured the exclusive mobile and Internet broadcasting rights to the Champions Tennis League (CTL). In the same month,…
