Cloud transforming the sports industry & Sports Ecosystem Marketplace Learn, Play & Shop

New Delhi, India, May 9, 2025 – Colab Platforms, founded by visionary individuals dedicated to revolutionizing the sports industry, is reshaping the way sports are played, managed, and enjoyed at all levels by integrating technology, management, and content.

Colab Cloud Platforms Ltd., an Indian company listed on the BSE (BSE: 542866), renowned for its technology solutions, is thrilled to announce its strategic expansion into the Sports Management and Sports Technology sectors. The global sports market, valued at $480.12 billion in 2023, is projected by Brainy Insights to grow at a CAGR of 5.6%, reaching $506.93 billion in 2024.

With the Indian sports and fitness sector expected to reach a substantial market size of approximately USD 6 billion, Colab Cloud aims to capitalize on this growth by offering tech-driven solutions tailored to the needs of modern sports enthusiasts and professionals through the Sports Marketplace. This platform provides a one-stop solution for athletes and sports enthusiasts to Learn, Play, and Shop conveniently.

Colab Cloud plans to leverage its expertise across various segments of the sports industry, delivering advanced solutions for managing sports Intellectual Properties (IPs), enhancing fan engagement, and providing immersive Virtual Reality (VR) and Augmented Reality (AR) experiences. By incorporating cutting-edge technologies, the company aims to drive innovation and transformation in the sports and gaming sectors. Additionally, Colab Cloud has secured a franchise agreement with Arvus Sports Private Limited to manage the Northern Challengers, a professional men’s cricket team in the Big Cricket League.

Furthermore, Colab Cloud will invest up to INR 100 million to develop an e-commerce marketplace for sports and fitness products, aligning with its vision of enhancing user experiences through technology. The company’s Sports Technology offerings include VR/AR, AI-based personalization, and data analytics to boost performance and engagement.

Colab Cloud’s commitment to providing solutions in athlete management, sports content, media, sponsorship, and marketing is aimed at becoming a key player in the evolving sports ecosystem. The company’s foundation is rooted in the hands-on experience of professionals in the sports industry, fostering innovative thinking and practical solutions that cater to the entire sports community beyond traditional strategies.

Colab Cloud Platforms Ltd., a top 2000 company listed on the Bombay Stock Exchange, focuses on delivering innovative technology solutions across various industries to enhance user experiences and drive scalable growth, aligning with India’s emergence as a global tech hub. For more information about Colab Cloud Platforms Ltd. and its services, visit www.colabplatforms.com or follow the company on social media.