A New Era in Indian Sports Entertainment: XRange Golf Ventures into India

AKCEL Holding and XRange Golf Entertainment announce a $100 million investment to introduce technology-driven golf entertainment venues in India. This marks AKCEL's entry into India's sports and leisure market. Supported by the AKCEL Growth Fund, the venture capitalizes on India's expanding leisure economy.

In a significant development for India's leisure and sports sector, AKCEL Holding and XRange Golf Entertainment will invest $100 million to introduce advanced golf entertainment venues in the country. This initiative is part of their broader AED 1 billion global expansion strategy.

The project aims to attract urban audiences by merging sports and technology within an interactive and social framework. These venues will feature driving ranges, digital gaming, hospitality, and dining offerings, catering to both residents and tourists.

Backed by the AKCEL Growth Fund and orchestrated through AKCEL Realty, this venture is set to align with India's flourishing leisure economy, characterized by over 300 golf courses and a burgeoning interest in innovative recreational formats.

(With inputs from agencies.)