MUMBAI: Sports technology company Dream Sports, which has fantasy sports platform Dream11, multisports aggregator platform FanCode and sports accelerator program DreamX in its portfolio, has raised $225 million in primary and secondary investment led by Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital and Footpath Ventures at a reported valuation of over $2.5 billion.
Aug 12, 2020 17:08
LOS ANGELES: Therabody, formerly known as Theragun, the global leader in tech wellness and percussive massage therapy, officially announced Tuesday that retired tennis champion and entrepreneur Maria Sharapova has made an investment in the company while joining Therabody as a strategic advisor.
Jul 20, 2020 17:07
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.
Jun 01, 2020 20:06
KOLKATA: Fairfax-backed Quess Corp, India’s largest private employer, Sunday officially ended its "troubled from day one" engagement as principle investor in Kolkata's storied football club East Bengal FC.
Nov 27, 2019 13:11
MANCHESTER: City Football Group, parent company of English Premier League champions Manchester City FC, has concluded a major investment deal with tech investment giants Silver Lake. United States-based Silver Lake has signed a definitive agreement to make a $500 million equity investment, equivalent to just over 10% of the company’s post-investment value.
Nov 26, 2019 20:11
MUMBAI: Global sporting icon Roger Federer has been announced as a new shareholder in On Running, a fast growing running shoe brand from his home country that has had no connections to tennis till now.
Nov 06, 2019 17:11
NEW YORK: Bruin Sports Capital (Bruin), the privately held global investing, operating and holding company Tuesday announced a wide-ranging, long-term strategic partnership with private equity firms CVC Capital Partners (CVC) and The Jordan Company (TJC).
Jul 13, 2019 15:07
MUMBAI: US-based e-commerce giant Amazon has made an equity investment of Rs 510 million in QDigi, an after-sales support company for electronic products.