Mergers & Acquisitions

IB Cricket to change the future of virtual sports industry in India

Opportunity India Desk
Opportunity India Desk Jul 03, 2019 - 1 min read
IB Cricket to change the future of virtual sports industry in India image
Currently, the company has a strong presence in different cities like Mumbai, Delhi, Bengaluru, Hyderabad, Lucknow, Melbourne, London, Dubai, and Singapore.

IB Cricket, the world’s most immersive virtual reality cricket, is gearing up to mark its presence in over 5000 cities across more than 190 countries in 10 regions. This will change the future of virtual sports industry in India.

Sai Sasank Parimi, SVP (Business Development), IB Cricket, said, “Everyone in India must have once thought of becoming a cricketer. Through IB Cricket, we are just trying to fulfill their lost wish into a reality through our cutting edge technologies like AR and VR. This brand is a product which came directly from our passion for cricket.”

IB Cricket is the world’s most immersive Virtual Reality Cricket, which can be played irrespective of age, gender, nationality, and cricketing experience. It’s a new format of cricket, a vSport built on cutting-edge technologies.

Currently, the company has a strong presence in different cities like Mumbai, Delhi, Bengaluru, Hyderabad, Lucknow, Melbourne, London, Dubai, and Singapore.

“We are aiming to form a strong community in over 5000 locations across the globe where over 10,000 people from India and globally are already a part of our community,” Parimi stated.

He added, “For any aspiring and budding franchisees, IB Cricket’s franchise is available in two business models, namely – Standard and Premium. The standard business model would cost you around INR 22.5 lakhs, which includes all the relevant hardware, software, and furnishings. The expected return on investment (ROI) is around INR 60 lakhs-1.2 CR in four years.”

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