funding

MUMBAI: Fantasy sports platform Dream11, which had earlier this year been put on hold plans to raise $150-200 million in funding at a $2-2.2 billion valuation as a fallout of the COVID-19 pandemic and the resultant chaos around it, is back "at the table" as it were.  

Inc42 reports that private equity firm Kedaara Capital has entered the fray as a potential investor alongside other private equity firms such as TPG Capital, Advent International, James Murdoch’s Lupa Systems and Chrys Capital, which have already evaluated the investment opportunity. 

Jul 10, 2020 22:07
MUMBAI: New-age digital entertainment and technology company JetSynthesys has raised Rs 3 billion from existing stakeholders Infosys’ co-founder Kris Gopalakrishnan, Adar Poonawalla's family office and Navani family-owned Jetline Group, among others.  Thermax family office, Triveni Group and DSP Group have also invested in this round.
Jun 15, 2020 17:06
SINGAPORE: Leading Asian mixed martial arts promotion ONE Championship (ONE), Monday announced that it had secured $70 million in fresh funding, bringing total capital to $346 million.  ONE has also "streamlined" operations, including a 20% reduction of total worldwide headcount. ONE reportedly has 380 odd employees on its payrolls currently.  
Apr 28, 2020 18:04
MONACO: World Athletics, together with the International Athletics Foundation (IAF), has launched a $500,000 fund to support professional athletes experiencing financial hardship due to the coronavirus pandemic.
Jan 27, 2020 20:01
MUMBAI: New York-based investment fund Tiger Global Management, which reportedly has $3.8 billion in hand to fuel its deals, is likely to lead a $500 million funding round in fantasy gaming platform Dream11 at a valuation of $2.5 billion, Livemint reports.
Oct 24, 2019 13:10
SHANGHAI: FIFA will double its funding for women's football to $1 billion over the next four years, the game's world governing body stated following a meeting of the FIFA Council here Thursday.
Sep 11, 2019 11:09
MUMBAI: Bengaluru based esports gaming platform SoStronk, founded by Prashant Prabhakar (CEO) and Karan Misra (CTO), has raised an undisclosed amount of funding from IP Ventures. 
Mar 19, 2019 18:03
MUMBAI: Online daily fantasy sports startup HalaPlay has secured Rs 400 million in the funding round led by the Nazara Technologies and Delta Corp India. The company has been looking out for the different opportunities in the interactive sports verticals and has also invested in the likes of Mastermind Sports Limited and Moonglabs Technologies.
Dec 05, 2018 15:12
LONDON: Otro, a digital football fan platform that went live across the world Tuesday, has secured funding from venture capital firm 23 Capital. According to UK media reports, the funding secured by Otro, which provides fans with curated content from global football stars, was in the region of £50 million ($63.61m).
Sep 07, 2018 16:09
NEW YORK: 21st Century Fox has led a round of funding in social broadcasting platform Caffeine, which also included participation from existing investors Andreessen Horowitz and Greylock Partners, and other undisclosed partners.  Caffeine also announced a content agreement with Live Nation to bring live music concerts to the social broadcast platform in Q4 2018.  
Jul 26, 2018 15:07
MUMBAI: Swift, the parent company of North American eSports organization Team SoloMid (TSM), has announced the close of a $37 million series A funding round.  First reported in Forbes, the funding was led by Ethan Kurzweil of Bessemer Venture Partners, which also backs Blue Apron and Pinterest, and was previously an investor in Twitch.