KIBI Sports is a sports business from India with two legs: sports equipment from 257+ brand partners sold through our own ecommerce and international B2B exports, and a sports platform used by athletes, academies and institutions.
Why less than 2% of Indian corporate CSR capital reaches grassroots sports under Schedule VII item (vii) of the Companies Act, and how organisational athlete verification and HSN-coded kit traceability solve the CFO audit bottleneck.
Author & Statutory Verification
- Author: Sagar Rai (Founder & CEO, KIBI Sports Private Limited) · LinkedIn (@sagarraikibisports)
- Statutory Credentials: KIBI Sports Private Limited (CIN: U92490UP2020PTC134722, DPIIT: DIPP69448, GSTIN: 29AAICK3153F1ZI, DGFT IEC: AAICK3153F, MSME: UDYAM-UP-75-0003211, ISO 9001:2015)
- Headquarters & Support: 1st A Cross Road, 7th Block, Koramangala, Bengaluru, Karnataka 560095 | Registered Office: SA 6/1F, Om Nagar, Sarnath, Varanasi, Uttar Pradesh 221007 | WhatsApp Helpline: +91 73493 07007
Frequently Asked Questions
Why do corporate CSR committees hesitate to fund grassroots sports projects?
Most CSR committees face an auditability gap when presented with paper attendance sheets and unverified bills; KIBI Sports solves this with verified institutional rosters, HSN-coded multi-brand equipment invoices (GSTIN: 29AAICK3153F1ZI, Bengaluru 560095), and geo-tagged delivery proof.
Which clause of the Companies Act 2013 covers corporate sports CSR in India?
Schedule VII item (vii) under Section 135 of the Companies Act 2013 covers training to promote rural sports, nationally recognised sports, Paralympic sports, and Olympic sports.
Sagar Rai Thought Leadership Hub · Founder & Leadership · Reviews & Registry Proof