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Kohli invested in gaming platform firm which is Team India’s kit sponsor January 6, 2021 IN WHAT raises questions of potential conflict of interest, Indian cricket team captain Virat Kohli had invested in a company in February 2019, which today is BCCI’s (Board of Control for Cricket in India) official kit sponsor and merchandise partner. Virat Kohli was allotted Compulsory Convertible Debentures (CCDs) for Rs 33.32 lakh in Galactus Funware Technology Private Limited, a Bengaluru-headquartered company, which owns the online gaming platform Mobile Premier League (MPL). Galactus is a subsidiary of M-League Pte Ltd, a company registered in Singapore in April 2018. On November 17, 2020, BCCI announced MPL Sports as the new kit sponsor and official merchandise partner for the Indian cricket team. ....
Kohli's 'conflict' grows, Ethics Officer sits on complaint daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
New Delhi: Over six months after a conflict of interest complaint against him was filed for being in breach of Rule 38 (4) of the constitution of the Indian cricket board, India captain Virat Kohli has found himself at the centre of another similar controversy with his investment in India’s official kit sponsor and merchandise partner coming to light. Indian Express Wednesday reported that Kohli got Compulsory Convertible Debentures (CCDs) worth Rs 33.32 lakh in Galactus Funware Technology Private Limited, which owns the online gaming platform Mobile Premier League (MPL) that won the bid in November last year to sponsor various Indian teams’ kits. The CCD allotment in the company to Kohli was done in February 2019. ....