OneFC receives investment to expand promotion

July 22, 2017

MMA Promotion OneFC has received an injection of cash from venture capital firm Sequoia India and investment firm Mission Holdings according to a report from the New York Times.  According to the promotion, it has raised over $100 million in total cash in its 6 years in existence.

The investment will aid the company make a further push into Asia including Korea, Japan and eventually India.

Payout Perspective:

The investment will help the promotion enlarge its footprint in Asia.  The influx of money reflects the positive momentum of the company and the belief from the investors that the company is on the uptick.  The article indicates that the UFC is attempting to make inroads into Asia despite the fact that OneFC maintains a steady base of events on the continent.

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