MS Dhoni Investments – CSK Captain MS Dhoni: Former India captain Mahendra Singh Dhoni’s investment portfolio is growing by the DAY. Dhoni has now invested undisclosed amount in Rigi, a platform built for content creators. The platform has raied 100 crores in funding round and Dhoni is one of the main investor. The funding round is led by venture capital firm Elevation Capital: Follow IPL 2023 LIVE Updates & Sports Business NEW Updates with InsideSport.IN
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Who all have particiapated in the FUNDING ROUND? Along with Dhoni and Elevation Capital, Accel, Stellaris, Sequoia Capital along with angel investors like personal finance content creator Sharan Hegde has are named on the cap table.
Cred’s Kunal Shah, NoBroker’s Amit Kumar Agarwal and Country Delight’s Chakradhar Gade also joined the funding round.
Founded in October 2021 by Swapnil Saurav and Ananya Singhal, the startup enables creators to manage and monetise their communities.
Also, influencers can use this platform to launch courses, conduct paid webinars, and launch free and paid communities through the Rigi app. It has over 200,000 users with most of them in the GenZ category.
The platform had last raised around $10 million in a Series A funding round which was co-led by Accel India, Sequoia Capital India and Stellaris Venture Partners.
OTHER Business VENTURES & Investments by MS DHONI
Garuda Aerospace Drone Company: Dhoni had recently entered in DRONE Making BUSINESS. Dhoni has invested into a drone manufacturing company Garuda Aerospace. He also featured in the film released by the company.
The first-ever digital brand film #KhetonKeKaptan by the company is also produced by Dhoni’s own Entertainment Comapny. The film is aimed at encouraging youth and farmers to be captains of their respective farms. Follow IPL 2023 LIVE Updates with InsideSport.IN
Want to be a Captain in the Game of Drones?
— Garuda Aerospace Pvt Ltd (@garuda_india) January 4, 2023
Our Kisan Drones has DGCA approvals for both Type Certification & Remote Pilot Training Organization (RPTO)
Ab Garuda ke Saath Tum Bhi Ban Jaao #KethonKaKaptain 👇 @msdhonihttps://t.co/ISZ247FYex#KisanDrones #DronePilot pic.twitter.com/L57vcleKHB
Dhoni had invested an undisclosed sum in Chennai-based company. The company is India’s leading drone-as-a-service (DaaS) provider. The company provides low-cost drone-based solutions and Dhoni will also be the face and brand ambassador of the company.
The investment is part of a bridge round before a large fund raise exercise by the company.
Organic Farming Business: After retirement from cricket last year, Dhoni has been spending his time at his farmhouse in Ranchi and has taken a keen interest in farming vegetables and fruits. Dhoni reportedly sold organic produce of his farms to a company in Dubai.
Sportswear & Footwear Brand Seven: The former cricket is majority stakeholder in sporting wear brand, Seven. Apart from being the brand ambassador for the company, Dhoni is also a partner in the footwear business of the brand.
Football Team:Chennaiyin FC : Dhoni now owns a substantial stake in football team in Indian Super League, Chennaiyin FC.
Gym Business: SportsFit World –Known for his love for fitness, Dhoni converted his passion into a business and owns a chain of over 200 gyms across the country under the name of his company, SportsFit World Pvt. Ltd.
Mahi Residency – Hotel: This is probably one of the least famous business investments of MS Dhoni so far because very few people know that he also owns a hotel under the name of Hotel Mahi Residency. Notably, MS Dhoni-owned hotel does not have any other franchise. It is located in Ranchi, Jharkhand
7InkBrews: Dhoni is also a shareholder in a Food and Beverages start-up, 7InkBrews. The company launched its new range of products, artisanal chocolates, and beverages earlier under the brand name of Copter7 – inspired by the iconic helicopter shot of Dhoni and his jersey number.
Khatabook: MS Dhoni in 2021 invested in the Bangalore-based startup Khatabook and also became the brand ambassador of the app. The startup has reportedly raised over 29 million USD so far and Mahi has also invested his money in the company.
Khatabook helps small businesses across India to manage their own accounts and ledgers digitally. The app also gives reminders to its users via WhatsApp and SMS for collecting money and making due payments.
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