Investments

JOHANNESBURG: Celebrity-based platform myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform, Starsona Inc. 

This transaction results in myFanPark entering the United States market - the company's fourth international market expansion this year - making it a leading global celebrity engagement platform, with a footprint across Africa, Europe, North America and the Indian subcontinent.

The South African startup announced its India market entry in May.

Dec 01, 2020 19:12
CHICAGO: Sports data and technology company Stats Perform Tuesday announced the acquisition of platforms for creating automated video highlights and real-time alerts from Palo Alto-based tech company Thuuz Sports.  Financial details were not disclosed.
Dec 01, 2020 12:12
MUMBAI: Times Group-owned American Cricket Enterprises (ACE), USA Cricket's commercial rights partner, has confirmed that the Shah Rukh Khan co-owned Knight Rider Sports Pvt Ltd (KRSPL) has been inducted as a "key investor" in Major League Cricket (MLC), the Indian Premier League-templated T20 tournament that is targeting launch in 2022.   
Nov 23, 2020 17:11
MUMBAI: EbixCash, a fully-owned subsidiary of Ebix, has announced that it has acquired a 70 per cent stake in a 1800-person, pan-India BPO company AssureEdge Global Services.
Nov 20, 2020 12:11
COLOMBO: Rahul Sood, a Seattle-based tech entrepreneur and founder of Microsoft Ventures, has joined the ownership group of Jaffna Stallions franchise in the Lanka Premier League (LPL), the team announced Thursday.
Nov 19, 2020 16:11
MUNICH: Deltatre and DFL Deutsche Fußball Liga have extended their Sportec Solutions collaboration and will now bring its offering to the international market.  As part of a renewed agreement, the sports and entertainment technology provider has also taken the majority shareholding in Sportec Solutions, the independent joint venture between Deltatre and the DFL.
Nov 18, 2020 18:11
MUMBAI: Online fantasy gaming platform PlayerzPot announced on Tuesday that it had raised $3 million in a Series A funding round. The brand plans to utilize the money raised to further expand its verticals, introducing various innovative concepts to enhance user experience, make advancements in random mission generator (RMG) and overall brand building.
Nov 18, 2020 15:11
LAS VEGAS: Tekkorp Digital Acquisition Corp., a special-purpose acquisition company backed by Tekkorp Capital LLC, has filed for a $250 million initial public offering on the Nasdaq. 
Nov 06, 2020 17:11
MUMBAI: From gaming to fashion. It has been a busy week for Walmart-owned Flipkart on the acquisitions front. The e-commerce giant announced on Thursday that it has bought an equity stake in fashion brand Universal Sportsbiz Pvt. Ltd. (USPL), as it looks to strengthen its fashion portfolio.
Nov 04, 2020 17:11
BENGALURU: Walmart-owned Flipkart, which had first invested in social gaming startup Mech Mocha in its early-stage round in 2015, on Tuesday announced the acquisition of its gaming team and intellectual property (IP) for an undisclosed amount. 
Nov 03, 2020 20:11
LONDON: Formula E Tuesday announced that it has become a minority shareholder in Extreme E - the radical new off-road motorsport championship which will see electric SUVs competing in remote ecosystems around the world.