The Mumbai-based franchise of the soon-to-be-launched Hockey India League (HIL) has been bought by the Burman family, owners of India's largest traditional medicine manufacturer Dabur Ltd.
The announcement sees the Burman family join Sahara India, Jaypee Group, Uniexcel Group and Business house Wave Group as a confirmed franchise owner in the six-team HIL.
Financial terms of the franchise acquisition were not released.
Dabur group director Mohit Burman added, "We are pleased to be able to associate ourselves with the national sport. Everyone knows the rich legacy that India boasts of in hockey and the Burman family is delighted to be able to contribute to the evolution of the sport in our country. This is a personal investment by the Burman family and is not connected to Dabur India Ltd. The idea was not only to be an owner of a Hockey team, but to be part of a larger canvas which will, in future, play a big role in finding new talent that can be groomed to play for India."
The inaugural edition of the HIL will begin 5th January with local broadcast coverage provided by Star Sports.