Pawan Kumar Patodia and Vineet Bhandari acquire Kolkata Thunderbolts

Chairman and Managing Director of Pulkit Veneer Mills Private Limited Pawan Kumar Patodia and Managing Partner at SPINX Capital, Vineet Bhandari have acquired a Prime Volleyball League franchise, the Kolkata Thunderbolts. The Prime Volleyball League provides a platform for top-level volleyball players in India, and operates on an internationally accepted model where franchises are also stakeholders in the holding organization of the league, adding more value to team owners and investors.

 Patodia and Bhandari said, "We are absolutely delighted to acquire the Kolkata franchise. Volleyball has always been a hugely popular sport in India, and we wanted to play our part in promoting the sport and building a successful and sustainable business. We are extremely confident that the Prime Volleyball League will be a huge success."

Prime Volleyball League CEO Joy Bhattacharya said: “It's my pleasure to welcome Pawan Kumar Patodia and Vineet Bhandari to the Prime Volleyball League as owners of the Kolkata Thunderbolts. Pawan and Vineet truly want to make a difference in Indian sport and bring their vast management experience to the table. Their involvement in the Prime Volleyball League will provide a huge boost to the tournament."

 Kochi Blue Spikers  Owner Thomas Muthoot said: "It's fantastic to hear that Pawan Kumar Patodia and  Vineet Bhandari have acquired the Kolkata Thunderbolts. Their experience and their passion for the sport will certainly help take the Prime Volleyball League to an even wider audience and help take the tournament to greater heights during the upcoming season."

The Prime Volleyball League will be telecast on the Sony Pictures Network and is exclusively marketed by Baseline Ventures, the sports marketing firm in the nation. Fantasy games leaders A23 have signed on as “Powered By” sponsors in a multi-year deal. 

The Prime Volleyball League Player Auction will be held on 14 December 2021. The League will shortly be announcing the schedule for the coming season of action.