Piramal Enterprises Ltd’s structured investment group (SIG) unit has agreed to invest INR 150 crore in Smaaash Entertainment Pvt Ltd, a sports-based entertainment company co-owned by cricketer Sachin Tendulkar. Currently, Smaaash has five gaming arcades in Mumbai, Bengaluru, Gurgaon, Noida and Hyderabad. The company is known for its arcades that feature sports such as cricket, football, paintball, go-karting and a host of virtual games. The funding will be utilized  for expanding into newer cities in India as well as for overseas expansion.