Investments

NEW DELHI: Mobile gaming platform Mobile Premier League (MPL) on Tuesday said it has acquired city-based e-sports gaming platform, GamingMonk.

Financial details of the transaction were not disclosed.

GamingMonk hosts e-sports tournaments across multiple platforms including PC, console and mobile phones. It also serves as a launchpad for publishers and gamers community, creating an integrated ecosystem across e-sports, live streaming, and content discovery.

GamingMonk has a registered user base of over 1.3 million users.

Apr 20, 2021 16:04
At a press conference on Monday, April 19, following approval of the new post-2024 format for European club competitions, UEFA president ALEKSANDER ČEFERIN spoke out strongly against the notion of a breakaway European Super League.
Apr 15, 2021 17:04
LOS ANGELES: TrillerNet, parent company of AI-driven short video social app Triller, Wednesday announced it has acquired FITE, the premier global live-event and Pay-Per-View, SVOD and AVOD and streaming platform for sports and entertainment.
Apr 13, 2021 20:04
MUMBAI: Five months after Universal Sportsbiz Pvt. Ltd. (USPL) offloaded equity to Walmart-owned Flipkart, the Bengaluru-based fashion brand is reportedly raising Rs 300 million (about $4 million) in debt funding.  The current fund raise is from independent corporate trustee Vistra ITCL (India) Limited on behalf of Spark Alternative Investment Trust, Inc42 reports. 
Apr 09, 2021 15:04
GURUGRAM: JSW sports – an Indian sports management company that also co-owns Indian Premier League franchise Delhi Capitals, has recently partnered with India Accelerator – a business accelerator firm. The partnership aims to mentor start-ups working in the arena of sports, sports data, gaming and e-sports space and create a holistic ecosystem for them.
Apr 07, 2021 20:04
LONDON: IMG ARENA, a leading sports betting service and content hub, has acquired FlightScope Services, the data collection, audio-visual production and tracking technology specialist in golf and tennis.
Apr 07, 2021 17:04
NEW YORK: The Topps Company, Inc., a global leader in sports and entertainment collectibles and confections, and Mudrick Capital Acquisition Corporation II, a publicly-traded special purpose acquisition company (SPAC), Tuesday announced a definitive agreement for a business combination that will result in Topps becoming a public company. 
Apr 06, 2021 19:04
MUMBAI: Mahendra Singh Dhoni’s iconic helicopter shot as it has now become the inspiration for artisanal chocolates launched on Tuesday by food and beverage start-up 7InkBrews, where the former India captain is also a shareholder. The company based out of Mumbai is founded by Mohit Bhagchandani and co-founded by Adil Mistry and Kunal Patel.
Apr 01, 2021 17:04
NEW DELHI: India Poker News, the content and media arm of PokerBaazi.com and home to the latest and trending news from across the world of poker, sports and lifestyle just got bigger with the acquisition of Pokershots, a leading poker content platform.
Apr 01, 2021 16:04
BEVERLY HILLS, Calif.: Endeavor Group Holdings Inc, a global entertainment, sports and content company that owns talent agency WME, the Ultimate Fighting Championship (UFC), and IMG, announced Wednesday that it has filed a registration statement with the US Securities and Exchange Commission (SEC) relating to its proposed initial public offering.
Mar 25, 2021 15:03
NEW YORK: Sports merchandise behemoth Fanatics has doubled its valuation in just eight months, on the back of a fresh $320 million funding round.  CNBC reported on Wednesday (March 24) that Fanatics’ valuation has risen from the $6.2 billion it was worth last August to $12.8 billion today after the e-commerce giant completed a fresh $350 million Series E round.