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Cloud
Business Honor
29 April, 2025
Company invests INR 100 million to develop a dedicated e-commerce marketplace for sports products.
Colab Cloud Platforms Ltd., a BSE-listed Indian company, is making a strategic move into the sports management and technology sectors. A pioneer in cutting-edge technology solutions, Colab Cloud is now set to revolutionize the sports universe with its platform-based solutions for the entire sports ecosystem—learning, playing, and shopping—all under one umbrella.
With increasingly healthier living and space online, Colab Cloud wants to offer solution-driven answers for sportsmen as well as professionals. Their Sports Ecosystem Marketplace allows users to engage world-class coaches, find sports facilities, and buy sports equipment and accessories in one-stop shopping.
Colab Cloud is also using innovative technologies like Virtual Reality (VR) and Augmented Reality (AR) to improve fan experiences and athletes' experiences. The company is aiming at innovative solutions for sports Intellectual Properties (IPs) management and richer fan engagements. Such innovation is likely to make operations more efficient and offer new market opportunities.
In an indication of its belief in the growth story of India, Colab Cloud invested in a franchise agreement with the owner of the Big Cricket League, Arvus Sports Private Limited, to run the cricket team Northern Challengers. Second, the firm is investing INR 100 million to build an e-commerce platform for sports and fitness offerings to address the growing fitness and wellness market of India.
With growing demand for interactive experiences and data-driven fan engagement, Colab Cloud is turning into a serious player in India's emerging sports and technology business. The organization believes in leveraging technology to revolutionize the sports business and provide fresh, innovative solutions to athletes and fans.