Silly Monks forays into sports entertainment arena

It has acquired a 51 percent stake in Chintala Sports, the curator of the Telangana Premier Kabaddi League (TPKL), a regional avatar of the Pro Kabaddi League (PKL)

Hyderabad-based digital media entertainment firm Silly Monks, has acquired a 51 per cent stake in Chintala Sports Private Limited.

Chintala Sports is the curator of the Telangana Premier Kabaddi League (TPKL), a regional avatar of the hugely successful Pro Kabaddi League (PKL), entering its second season this September.

TPKL entered the sports league arena in 2017, with its first season held at Warangal and Karimnagar between January 21 and February 7, 2017.

It brought to the fore the game of Kabaddi from the hinterlands of Telangana and ensured that local players were given the right exposure to talent hunters for the national leagues. In its second season this year, TPKL plans to adopt the franchise model that is currently followed by Pro Kabaddi League and other major sports leagues in the country.

TPKL’s matches are scheduled to begin from September 14 to September 30, 2018, and will be held in Hyderabad.

Speaking on the development, Mr Sanjay Reddy, Silly Monks Managing Director, who now takes over as the League Commissioner, said, “My years at ESPN, Star Sports and Sony Max handling major sports events such as World Cup Cricket, Wimbledon and English Premiere League piqued my interest in sports entertainment. Nurturing a similar property in my home state was but a matter of time and when opportunity struck, Silly Monks was more than interested in being at the core of TPKL,”. For more updates, subscribe to exchange4media's WhatsApp Channel- https://bit.ly/2QUdLCK

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