Telangana Premier Kabaddi League 2018-City-based digital media entertainment player Silly Monks on Monday announced that it has acquired a 51% stake in Chintala Sports Private Limited, which is the curator of Telangana Premier Kabaddi League (TPKL), a regional avatar of the Pro Kabaddi League (PKL).
TPKL entered the sports league in 2017 and held its first season at Warangal and Karimnagar between January 21 and February 7, 2017. TPKL’s matches are scheduled to begin from September 14-30, 2018 in Hyderabad.
Commenting on the deal, Silly Monks managing director Sanjay Reddy 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.”
Meanwhile, Chintala Sports is toying with the idea of creating more sports leagues in basketball, futsal and an Olympic-style entity involving all Olympic sports mainly targeting the corporates in the coming months.Silly Monks has worked with major production houses that created some of the biggest blockbusters like Baahubali, Rudramadevi and Mahanati, besides producing the first-ever Telugu web series for Amazon Prime, Gangstars.