Indian cricketer Rohit Sharma has invested in Indian education technology startup Leo1.
The investment amount was not disclosed.
The company also received funding from Qed Investors, Aavishkaar Capital and other investors, it announced on LinkedIn.
In the past three years, Leo1 has raised $35 million in two investment rounds.
The investment will be directed towards innovation, technology, expansion and measures to address pending cash flow issues at educational institutions, the company said.
“I am thrilled to support Leo1 in its mission to revolutionise learning and make quality education accessible to everyone,” said Sharma, 37, the Indian cricket team captain.
“Their approach, unwavering commitment and entrepreneurial spirit are truly inspiring as they work to positively impact the lives of aspiring students and their parents.
“This partnership presents an incredible opportunity for me to back initiatives that can make a significant difference for an entire generation.”
Founded in 2018 by Rohit Gajbhiye, Leo1 aims to streamline fee collection through a reward mechanism that encourages students to pay their fees upfront, thereby encouraging responsible financial behavior.
Sharma’s investment “represents a significant step forward for Leo1 in its goal to resolve the long-pending cash flow issue in educational institutes along with providing innovative solutions for students across India,” the startup said.
According to wealth tracking platform Celebrity Net Worth, Sharma’s personal wealth is estimated at $25 million.
His annual salary at the Indian Cricket Board is INR 70 million (US$837,400). In addition, he receives match fees for international matches: INR 1.5 million for each Test match, INR 600,000 for each ODI match, and INR 300,000 for each T20 match, Celebrity Net Worth estimates.
He also plays in the Indian Premier League tournament for Mumbai Indians, earning Rs 16 crore per season.
The cricketer has sponsorship deals with brands such as Adidas, Hublot and Jaguar and is said to charge Rs 5 crore per brand deal.
Niall Horan
Singer-songwriter Niall Horan announced on June 19 that he has invested in a golf league backed by Tiger Woods and Rory McIlroy.
The former One Direction star said that through his investment vehicle, GreenBridge Ventures, he is now an investor and ambassador for Boston Common Golf, one of six teams participating in the virtual TGL golf league.
Boston Common Golf is owned by Fenway Sports Group and McIlroy’s investment firm, Symphony Ventures.
When Horan announced the news on social media on June 19, he said: “Excited to announce I am an investor & ambassador for @commongolf! Boston is a very special place to me & I am excited to work with Fenway Sports, Rory, Keegan, Adam & the whole team on the Boston franchise. ”
“Golf has been a lifelong passion of mine. Being able to combine my love for the game and my friendship with Rory into a relationship that helps launch a new concept in golf is truly special.”
TGL is a new technology-inspired golf league founded by sports executive Mike McCarley and pro golfers Woods and McIlroy in partnership with the PGA Tour.
The first season is set to begin next year, with six teams, each with three PGA Tour players, competing on a virtual course.
Notable investors in TGL include Lewis Hamilton, Justin Timberlake, Stephen Curry, Serena Williams and Shaquille O’Neal.
According to Celebrity Net Worth, the 30-year-old Horan has a net worth of $70 million.
In 2015, Horan and his business partner Mark McDonnell founded Modesto!, a golf-focused sports agency. Golf Management. Her clients include Tyrrell Hatton, who won six times on the European Tour and one time on the PGA Tour.
Deepika Padukone
Bollywood actress Deepika Padukone’s personal care startup 82°E plans to raise Rs 500 crore from new and existing investors, according to a regulatory notification. Padukone and her family-owned investment firm.
Ka Enterprises will participate in the funding round along with other investors.
The fresh funds will be used for expansion and growth, according to the document.
Founded in 2021 by Padukone and venture capitalist Jigar Shah, the Mumbai-based brand offers a range of skin care products for men and women.
The company last raised $7.5 million in a seed round led by DSG Consumer Partners and Ideo Ventures, as well as Padukone’s family office, in December 2022.
According to TheKredible, a data intelligence platform for startups, 38-year-old Padukone and her family firm own 59.6 percent of the startup’s shares, while her husband, actor Ranveer Singh, controls 5.32 percent of the company’s shares.
The actress, one of India’s highest-paid actresses, has an estimated personal fortune of $40 million, according to Celebrity Net Worth.
In 2022, she made history by becoming the first Indian to be an ambassador for Louis Vuitton.
Padukone made her Hollywood debut in the 2017 action film xXx: The Return of Xander Cage.
In 2015, she founded the Live Love Laugh Foundation, which promotes self-care by consciously living in harmony with one’s body and mind.
Martha Stewart
Businesswoman and TV personality Martha Stewart last month purchased a duplex apartment in a luxury apartment complex on Manhattan’s Upper West Side for $12.3 million, Celebrity Net Worth reported.
According to the website, Belnold’s apartment is on the 11th and 12th floors, is about 420 square feet in size, and has six bedrooms and seven bathrooms.
Her primary residence remains the 62-acre estate in Westchester, New York, which she purchased in 2002 for $15.2 million. The platform said she sold a three-family home in the West Village last year for $31 million.
Stewart, 82, was once a billionaire, and her net worth is now estimated at $400 million.
According to Celebrity Net Worth, she made her fortune over the years from a conglomerate of businesses that included television shows, magazines, endorsement deals, home goods, and a media and merchandise sales company she founded called Martha Stewart Living Omnimedia.
The former Chanel model and stockbroker made her fortune when she took Martha Stewart Living Omnimedia public in 1999.
The IPO raised $1.9 billion, and the next day the stock hit a record high of $39.75 per share, ABC News reported.
The day her company went public, Stewart became America’s first self-made billionaire; she subsequently sold it in 2015 for more than $350 million.
But it was her venture into the catering business in the late 1970s that laid the foundation for her subsequent fame.
Stewart’s first cookbook, Entertaining, published in 1982, became a bestseller. Television appearances followed, including her own show, Martha Stewart Living, which aired for over a decade.
Celebrity Net Worth estimates that her real estate portfolio is worth more than $100 million and she owns several homes in the United States.