RESERVE BANK OF INDIA WINS THE SECOND EDITION OF THE BLOOMBERG SQUARE MILE RELAY IN MUMBAI

-INR 14,31,570 raised for The Extra Mile charity programme with Magic Bus 

March 6 2020 (Mumbai, Maharashtra): The second edition of the 2020 Bloomberg Square Mile Relay Global Race Series took place in Mumbai today with Reserve Bank of India winning the race and being named the ‘fastest firm in the city’, following their first place finish with a time of one hour, three minutes and 55 seconds. Over 500 runners from Mumbai’s biggest companies were on the specially designed one-mile (1.6km) course at Jio World Garden, BKC, competing for the prestigious title. 

The Mumbai race was kick-started with a flag off by Mr Aditya Thackeray, Cabinet Minister of Tourism and Environment, Government of Maharashtra. The yearly event, which takes place in 12 cities across the world, is now a key fixture in Mumbai’s calendar and promotes team-building and bonding amongst colleagues in a fun, yet challenging, environment.

Madhu Sudan Mani, team captain of the winning team from Reserve Bank of India, received the coveted winner’s trophy on stage at the awards presentation and said: “We are delighted to be the champions of the second edition of the Bloomberg Square Mile Relay. We finished third last year so this time we trained to be the champions.”

Reserve Bank of India were closely followed by Nomura in second place, and IDFC First Bank in third. The Fastest Mixed Team award was won by Bloomberg and the Fastest Female Team of the night was Nomura. Captain of Nomura’s all-female team ‘Run Like A Girl’ Pema Sherpa said, “We were the defending champions, so running the second edition with the same motivation was the aim. We ran like a team today and won like one. I hope to keep the momentum high for the next edition.”

The race culminated in celebrations in the Race Village which saw a high-spirited atmosphere with runners, supporters and the local community enjoying the music and complimentary hospitality.

The race has adopted sustainable practices, including a policy of no single-use plastic on race night, so provided runners with sustainable race medals and re-useable water bottles on site. In addition, all leftover food from the event will be donated to Zomato Feeding India NGO. Finally, with the collective objective of making an actionable impact in the society through The Extra Mile charity initiative, the event has set an enormous benchmark for years to come.

Ahead of participating, all runners were asked to select and run for one of three causes put forward by Magic Bus, The Extra Mile partner. The cause with the quickest average time was Education, receiving over 25% of each team’s race entry fee, amounting to INR 14,31,570/-. Magic Bus will now use this donation to deliver a year-long program to address this cause.

Expressing his thoughts on the Mumbai edition, James Hassett, Managing Director, Bloomberg Square Mile Relay said,” We are delighted to once again have experienced such a warm welcome from all the companies in Mumbai and enjoyed such a fantastic race and incredible atmosphere tonight. Congratulations to all the runners who took part and created such a fun sense of community. We are proud to support Magic Bus and their amazing work here in Mumbai through the brilliant cause chosen by our runners tonight, Education. We look forward to bringing the race back to Mumbai again next year.”

Other main sponsors included Experience Partner, White Owl Warehouse, Media Partner Bloomberg Quint and Fitness Partner Bombay Running.

Headline sponsor Bloomberg, the global business and financial information and news leader, has supported the event since it began in the heart of London’s business district in 2007. In 2020, the global race series will be added to the sporting calendars of 12 cities worldwide, with a wide range of companies taking advantage of the opportunity to network, collaborate and bond in a one-of-a-kind team building experience outside their working environment.

For further information on the Bloomberg Square Mile Relay visit the website at www.squaremilerelay.com

About Bloomberg Square Mile Relay

Established in London in 2007, the Bloomberg Square Mile Relay is an immersive, inclusive and purpose-driven experience that takes place in heart of 12 of the most vibrant financial cities in the world. The event uses the power of sport and physical activity to address social challenges in each race city across the globe, with projects that deliver lasting positive social impact long after the teams cross the finish line through The Extra Mile. This is the only global corporate relay running race of its kind that places team building, employee well-being and local community support at the heart of the event.

Teams of 10 runners take it in turn to run an unconventional and exciting one-mile lap through the heart of each city’s financial district, followed by complimentary hospitality and after-party celebrations in the Race Village. 

About Square Mile Sport

Square Mile Sport is the owner and organiser of the Bloomberg Square Mile Relay, an immersive, inclusive and purpose-driven experience that takes place in heart of 12 of the most vibrant financial cities in the world. The event uses the power of sport and physical activity to address social challenges in each race city across the globe, with projects that deliver lasting positive social impact long after the teams cross the finish line through The Extra Mile.

We are part of Benchmark, a global network of brands and business that specialises in the development of sport-related networks within the business and social sector.

About Bloomberg

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg’s enterprise solutions build on the company’s core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit www.bloomberg.com