28.1 C
Delhi

U Mumba Gains Eight Sponsors, Boosts Valuation by 60% in PKL Season 10

In the latest instalment of the Pro Kabaddi League, U Mumba has experienced a significant increase in sponsorship, reflecting a 60% boost in their valuation. This achievement is a testament to the rising prominence of U Mumba as a brand and the team’s strong vision for Kabaddi throughout India.

U Mumba secured eight sponsors with a 60% increase in valuation in PKL Season 10; became the first team to do so in Season 10

U Mumba has gained the support of eight sponsors, including Melbat Live, a leading sports news portal that serves as its title partner. Another notable partnership is with Macho Hint, an innerwear brand targeting millennials and Gen Z and a sub-brand of the well-known Macho.

Six brands have joined U Mumba as Associate Partners, including Rajdhani Besan, a pioneer in agro-food products in India, Je & Vee Infrastructures, a leading construction firm, and Vi John, a globally recognized manufacturer of beauty, skincare, personal care, and cosmetic products. Other partners include Great White Electricals, an innovator in the home electrics space, Bank of Maharashtra, a public sector bank, and Abros Shoes, a popular footwear brand, all proudly sporting the Mumbai colors in Season 10.

Suhail Chandok, CEO of U Mumba, expressed his excitement about welcoming new partners and returning ones to the U Mumba family. He emphasized the shared vision and values that unite them and their confidence in elevating U Mumba’s brand loyalty to new heights. He also acknowledged the trust these esteemed brands have placed in U Mumba, reflecting the value they’ve built over the years and the power of brand recognition. Chandok also noted the global impact of Kabaddi and its effectiveness as a marketing platform for brands seeking a pan-India consumer base.

- Advertisement -TechnoSports-Ad

Several other collaborations have been forged for the season, including partnerships with 92.7 Big FM, Nivia, a noteworthy homegrown sports brand, Swades Foundation, a leading NGO in Mumbai, Fast&Up, a top nutrition provider, and Baller Athletik, India’s pioneer in energy-enhancing transformative clothing.

According to the GroupM ‘India Sports Sponsorship Report 2023’, sports sponsorship in India reached INR 5907 Cr ($Mn 748) in 2022, reflecting a growth of 105%. Emerging sports contributed to an overall revenue of INR 1503 Cr ($Mn 190), representing an incremental value of INR 829 Cr ($Mn 104) year-on-year.

In their next Pro Kabaddi League match, U Mumba will face Telugu Titans in Noida on December 30th. After that, the Pro Kabaddi caravan will move to Mumbai for U Mumba’s Home leg starting on January 5th.

- Advertisement -TechnoSports-Ad

Broadcast Audience Research Council (BARC) India stats revealed that the opening weekend of PKL Season 10 alone attracted 80.1 million viewers, marking a 32% increase from the 2022 season. The consumption also increased by 27% to 2.7 billion minutes over just the first four matches.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Raunak Saha
Raunak Saha
A cs engineer by profession but foodie from heart. I am tech lover guy who has a passion for singing. Football is my love and making websites is my hobby.
TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

Bigg Boss Vote 2024: Unveiling the Power of Viewers

Bigg Boss Vote 2024: How to Vote and All Details Reality TV has, over the years, evolved into a genre that commands substantial viewership. One...

Vi revises existing ₹129 and ₹298 plans with more benefits as of 3rd May 2024

Vodafone Ide­a or Vi, also known as Vi, recently unveile­d their revamped ₹129 and ₹298 plans, aiming to offer enhanced value amidst the­ intensifying...

Airtel Balance Check Codes: Top 5 Methods as of May 3

Airtel Balance Check Codes: A Total Guide in 2024 As an Airtel customer, it's crucial to be aware of your remaining balance to avoid unexpected...

What is the Airtel Minimum Recharge Plan as of May 3?

Know what the Airtel Minimum Recharge Plan is: The Ultimate Guide Bharti Airtel, India's second-largest telecom operator with millions of active customers, is committed to...