M3M India family office acquires NCR-franchise of Pickleball League

New Delhi: M3M India Group's family office has acquired the NCR franchise of Indian Pickleball League (IPBL).

In a statement on Friday, M3M India said the promoter family has entered into sports management by "acquiring the NCR franchise of the debut Indian Pickleball League (IPBL) -- an initiative of the Times of India Group."

The franchise, named Capital Warriors Gurgaon, will be led by Payal Kanodia and Aishwarya Bansal, both from the Family Office of M3M India.

The deal value was not disclosed.

Pickleball, which originated in the USA, combines elements of tennis, table tennis and badminton. It is played in both singles and doubles formats, using a paddle and a perforated, hollow plastic ball, volleyed across a court the same size as a doubles badminton court, with a slightly low-placed net.