Major League Cricket Raises 120 Million Dollars in Funding

Major League Cricket in the United States has revealed that they have raised 120 million dollars in a series A and A1 fundraising round that includes Silicon Valley heavyweights like Satya Nadella.

According to MLC, the six-team franchise T20 league sanctioned by USA Cricket, 44 million dollars has been secured following the completion of these funding rounds, with another 76 million dollars set to be secured over the next 12 months.

Along with Dallas-based Ross Perot Jnr, a Texas billionaire, and his partner Anurag Jain, the Microsoft CEO Satya Nadella-led consortium has invested 16 million dollars in the MLC enterprise’s primary stock pool.

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