India, Feb. 24 -- The Indian Golf Premier League on Monday announced a $100 million capital commitment from 10 franchise partners across the country, with each investor pledging approximately $10 million over a 10-year period, signalling a long-term push to professionalise and expand the sport.

The IGPL staged its inaugural pro tour last year, comprising 11 events played in a 54-hole, mixed-gender, no-cut format with a prize purse of '1.5 crore per tournament. The tour included events in India, Dubai and Colombo. The body had in July last year announced plans for a city-based franchise league, initially slated for a January-February window. While the event did not materialise as scheduled, IGPL on Monday confirmed the franchise ownership...