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RCB ventures into sports edtech; looks to partner with health and sports startups

IPL team Royal Challengers Bangalore held its unbox event at home ground M Chinnaswamy Stadium in Bengaluru after two years due to Covid-19 impact. Along with jersey reveal and sponsorship announcement, the franchise also announced its entry into sports edtech.

March 27, 2023 / 18:04 IST
In the centre, Rajesh Menon, Head & Vice President of Royal Challengers Bangalore (RCB) during a press conference in M Chinnaswamy Stadium in Bengaluru. Image: RCB

The Indian Premier League (IPL) franchise Royal Challengers Bangalore (RCB) is expanding beyond cricket as it enters into education and focuses on startup accelerator programmes.

During an on-ground event held at Bengaluru's M Chinnaswamy Stadium, the team announced its plan to launch an edtech platform.

"If we want sports to become big in India we need to touch different aspects of sports which means sports tech, management and more. So, we created an innovation lab," said Rajesh V Menon, VP & Head, Royal Challengers Bangalore.

The franchise said that while the online platform is ready they are yet to announce a free structure.

Menon also said that RCB has partnered with a top technical institute which will also help in course development.

In addition, the team has partnered with a leading sports & health tech acceleration fund to partner with startups in sports and health-technology space.

"The institute is helping in courses. Also, we are looking at multiple product developments that will help in player performance. We are developing an in sole as the entire power comes from bottom up for a player. By creating an in sole we can analyse a shot, what is the power of the player and this will help not just in cricket but all sports, Menon said.

As for startups, he said that they will start boot camps and post that there will be partnership announcements.

The franchise is also working on establishing an AI backed cricket coaching and talent ID platform to identify and develop RCB stars of the future.

“RCB has a fan base across the globe, and it has been numbered around 30 million. In 2022, we had touched a TV reach of 262.6 million. As RCB is returning to their home turf after a gap of 3 years, we want break down the international barriers and showcase India as a thriving market. With the RCB Innovation Lab, it will be an attempt to take sports tech to next level in India, Menon added.

The team during its unbox ceremony on March 26 also announced its partnership with Qatar Airways as a sponsor for the front jersey.

Moneycontrol News
first published: Mar 27, 2023 11:15 am

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