Global Chess League Franchise Mumba Masters Enters Multi-Year Title Partnership with Fintech Platform CheQ
Global Chess League Franchise Mumba Masters Enters Multi-Year Title Partnership with Fintech Platform CheQ
The franchise will compete as CheQ Mumba Masters from Season 4, with a focus on engaging IndiaтАЩs growing chess audience
Bengaluru : CheQ, IndiaтАЩs leading credit card management platform, has entered into a multi-year title partnership with Mumba Masters, the Mumbai-based Global Chess League franchise owned by Unilazer Ventures Pvt. Ltd. As part of the agreement, they will have naming rights and the team will compete as CheQ Mumba Masters from Season 4.
Founded in 2022 and headquartered in Bengaluru, CheQ operates a credit management platform offering credit card repayments, rewards, credit insights and AI-enabled financial products through a unified interface. With the recent launch of CheQ UPI, which rewards UPI payments made through RuPay-linked credit cards, the company has expanded its offering from credit management to everyday digital transactions.
The partnership comes ahead of Season 4 of the Global Chess League, scheduled to be held from September 5 to 13 in Bengaluru, where CheQ is also headquartered. The tournament will feature 36 players across six franchises in its mixed-team format, with players including Magnus Carlsen, Maxime Vachier-Lagrave, Indian chess legend Viswanathan Anand and CheQ Mumba MastersтАЩ Harika Dronavalli, alongside other leading Indian and international grandmasters.
Speaking on the partnership, Suhail Chandhok, CEO, CheQ Mumba Masters, said, тАЬChess is a sport built on strategy, patience and the ability to remain focused on the present while thinking several moves ahead; values that strongly resonate with what we are building at Mumba Masters. Our multi-year partnership with CheQ is an exciting step in that journey. Starting with GCL Season 4, we look forward to building a meaningful association that goes beyond branding, creates greater engagement with our existing fans and introduces new audiences to the sport, further strengthening our shared commitment to the continued growth of chess in India.тАЭ
The partnership also forms part of CheQтАЩs broader strategy of building an integrated platform for IndiaтАЩs growing base of credit users, helping them manage credit and unlock greater value from everyday transactions. Spanning the next three seasons, the collaboration will focus on fan engagement and expanding chessтАЩs reach across India through digital-first and grassroots initiatives.
Aditya Soni, Founder and CEO, CheQ, added, тАЬChess in India is going through an incredible phase, with more energy and excitement around the sport than ever before. We are thrilled to partner with Mumba Masters and be part of this momentum. They have a fantastic team, and we cannot wait to see them in action this season and celebrate the game with IndiaтАЩs growing community of chess fans.тАЭ
The agreement comes against the backdrop of IndiaтАЩs growing presence in the global chess ecosystem. According to data from World Chess, an official FIDE partner, India accounts for 33% of its paid subscribers and 25% of its free-to-play users, ahead of the United States in overall engagement.
Over the next few seasons of the GCL, CheQ and the team will focus on connecting with this young, digitally active and affluent audience through fan-led campaigns, player interactions, rewards and other engagement initiatives.
Global Chess League Franchise Mumba Masters Enters Multi-Year Title Partnership with Fintech Platform CheQ
The franchise will compete as CheQ Mumba Masters from Season 4, with a focus on engaging IndiaтАЩs growing chess audience
Bengaluru : CheQ, IndiaтАЩs leading credit card management platform, has entered into a multi-year title partnership with Mumba Masters, the Mumbai-based Global Chess League franchise owned by Unilazer Ventures Pvt. Ltd. As part of the agreement, they will have naming rights and the team will compete as CheQ Mumba Masters from Season 4.
Founded in 2022 and headquartered in Bengaluru, CheQ operates a credit management platform offering credit card repayments, rewards, credit insights and AI-enabled financial products through a unified interface. With the recent launch of CheQ UPI, which rewards UPI payments made through RuPay-linked credit cards, the company has expanded its offering from credit management to everyday digital transactions.
The partnership comes ahead of Season 4 of the Global Chess League, scheduled to be held from September 5 to 13 in Bengaluru, where CheQ is also headquartered. The tournament will feature 36 players across six franchises in its mixed-team format, with players including Magnus Carlsen, Maxime Vachier-Lagrave, Indian chess legend Viswanathan Anand and CheQ Mumba MastersтАЩ Harika Dronavalli, alongside other leading Indian and international grandmasters.
Speaking on the partnership, Suhail Chandhok, CEO, CheQ Mumba Masters, said, тАЬChess is a sport built on strategy, patience and the ability to remain focused on the present while thinking several moves ahead; values that strongly resonate with what we are building at Mumba Masters. Our multi-year partnership with CheQ is an exciting step in that journey. Starting with GCL Season 4, we look forward to building a meaningful association that goes beyond branding, creates greater engagement with our existing fans and introduces new audiences to the sport, further strengthening our shared commitment to the continued growth of chess in India.тАЭ
The partnership also forms part of CheQтАЩs broader strategy of building an integrated platform for IndiaтАЩs growing base of credit users, helping them manage credit and unlock greater value from everyday transactions. Spanning the next three seasons, the collaboration will focus on fan engagement and expanding chessтАЩs reach across India through digital-first and grassroots initiatives.
Aditya Soni, Founder and CEO, CheQ, added, тАЬChess in India is going through an incredible phase, with more energy and excitement around the sport than ever before. We are thrilled to partner with Mumba Masters and be part of this momentum. They have a fantastic team, and we cannot wait to see them in action this season and celebrate the game with IndiaтАЩs growing community of chess fans.тАЭ
The agreement comes against the backdrop of IndiaтАЩs growing presence in the global chess ecosystem. According to data from World Chess, an official FIDE partner, India accounts for 33% of its paid subscribers and 25% of its free-to-play users, ahead of the United States in overall engagement.
Over the next few seasons of the GCL, CheQ and the team will focus on connecting with this young, digitally active and affluent audience through fan-led campaigns, player interactions, rewards and other engagement initiatives.
