Sequoia India/Mission Holdings $100 million acquisition of 12.2% stake in ONE Championship

Overview:

• Sequoia India and Mission Holdings have invested $100 million in ONE Championship, a sports media brand in Singapore.
• The investment has been made through the acquisition of 12.2% of the voting share capital of Group One by subscribing to 2.84 million convertible shares.
• The funding will accelerate the company's global growth.
• ONE Championship is a mixed martial arts (MMA) tournament broadcast to more than 1 billion people across more than 118 countries.

Katrin Kostadinova - Data analyst