Investments

MUMBAI:  Esports media platform TalkEsport announced Wednesday the successful closure of its pre-series A funding round, securing an investment of $1 million from Saswat Ventures. 

The investment underscores TalkEsport’s robust growth trajectory and reaffirms its position as a pioneering force in the esports industry.

Mar 14, 2018 17:03
SINGAPORE: Chatri Sityodtong, chairman and CEO of ONE Championship, has asserted that the martial arts promotion he founded is on track to achieve the $1 billion valuation milestone within this calendar year.   Sityodtong made his comments while delivering a keynote here Tuesday at Sportel Singapore under the topic: "How ONE Championship became Asia’s largest global sports media property in History".
Mar 13, 2018 11:03
SINGAPORE: ONE Championship has announced that self-made billionaire entrepreneur Saurabh Mittal, founder and chairman of Mission Holdings, has joined ONE Championship and has been appointed vice-chairman and will be responsible for some of the most important strategic initiatives at Asia's largest martial arts promotion.
Feb 27, 2018 14:02
LONDON: The ITF Monday announced plans for a 25-year, $3 billion partnership with investment group Kosmos, that will transform Davis Cup by BNP Paribas and generate substantial revenues for global tennis development.
Feb 26, 2018 14:02
NEW DELHI: AIFF senior vice president Subrata Dutta, who was in Dusseldorf, Germany last month for a sports business meet - SPOBIS - has reportedly had positive meetings the German Football Association (DFB) and Bundesliga club Borussia Dortmund. 
Feb 23, 2018 14:02
NEW DELHI:  Cricket Canada has become the first ICC associate member to secure the backing of the world governing body to launch its own franchise based Twenty20 league. Global T20 Canada, which was announced in the Indian national capital on Thursday, is set to take off from July this year at three venues in Toronto.   
Feb 23, 2018 13:02
LONDON: Sahara Force India has clarified that its Formula 1 team co-owned by fugitive Indian businessman Vijay Mallya, has no offer from any potential investors, referring to recent reports that British energy drink brand Rich Energy was fronting a consortium looking to purchase the team.
Feb 22, 2018 11:02
LONDON: A UK-based energy drinks company is in talks to buy Sahara Force India, the formula one team co-owned by embattled liquor baron Vijay Mallya, who is facing extradition to India over money laundering charges.
Feb 21, 2018 13:02
LAUSANNE: The new IOC legacy reporting framework was presented to experts and Olympic scholars from all over the world during the 9th International Sport Business Symposium, in Chuncheon, Korea, on Wednesday.
Feb 16, 2018 13:02
MUMBAI: Baseline Ventures, a sports marketing, celebrity management and brand licensing firm, has achieved billings of  over Rs 1 billion in 2017.  
Feb 14, 2018 15:02
MUMBAI: GroupM, the media investment group of WPP, Tuesday announced its advertising expenditure (adex) forecasts for 2018.