The Volleyball Federation of India (VFI) and Baseline Ventures have announced the commencement of the bid process for the Pro Volleyball League, scheduled for the second half of 2018.
The bid documents for prospective franchise owners of the league will be available from 15 May at Baseline Ventures offices in Gurgaon (Delhi NCR), Mumbai (Maharashtra) and Bengaluru (Karnataka) at a deposit of Rs 50,000/- (non-refundable fee). The minimum bid for each franchise is Rs 30 million and the bidders have to provide a preference of top two cities as home franchise from an available 14 cities.
Joy Bhattacharjya, CEO, Pro Volleyball League