Chris Gayle, the West Indies cricketer well-known for his power hitting, has invested an undisclosed amount in Benagluru-based IONA Entertainment. The company aims to bring one-stop entertainment to sports fans, including state-of-the-art virtual gaming.
Iona, at present, has one 70,000 square-feet gaming venue at Virginia Mall here. The company had raised an initial round of funding from Singapore-based Vestasia.
IONA founder Subramanian said that the company has big plans and intend to set up gaming zones in different parts of the country and make its presence felt abroad. “We are planning to expand pan-India and by the end of the year, we are looking at having five more centres in India and two abroad,” he said.
The company has attracted an investment of ₹200 crore in its first phase and the company aims to gather more from the market. The company added, “We need to invest more, and partners coming in like Chris Gayle and Vestasia further strengthens our brand in the quest to become a global player”.