Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) chairman Anand Mahindra has picked 16.7% equity in Bayside Sports, a city-based multi-sports academy and sports event provider. The investment has been made in his personal capacity through his family office.

Bayside Sports was founded by childhood friends Vishal Gokani and Kyan Bharucha in January 2013 with the objective of helping people and families bond over sports with just three students at a single location in south Mumbai.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.