Investments

Esports media platform TalkEsport raises $1m pre-series A funding

Last updated : May 02, 2024 18:05

SportzPower Team

May 01, 2024 20:05

Read more about Esports media platform TalkEsport raises $1m pre-series A funding
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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.

Aug 26, 2022 19:08

Audi confirms entry into Formula 1 from 2026

Audi confirmed Friday that the Volkswagen-owned luxury brand will compete in the FIA Formula 1 World Championship from 2026 with a specially developed power unit. The project will be based at Audi Sport’s facility in Neuburg near Ingolstadt. This is the first time in more than a decade that a Formula 1 power train will be built in Germany.

Aug 24, 2022 18:08

TVS announces investment in Karthikeyan's start-up DriveX

CHENNAI: TVS Motor Company, one of the leading manufacturers of two-wheelers and three-wheelers globally, Wednesday announced an undisclosed investment in Narain Karthikeyan’s start-up “DriveX” (NKars Mobility Millennial Solutions Private Limited), a pre-owned two-wheeler platform.

Aug 24, 2022 17:08

Woods, McIlroy launch tech-focused sports & ent co. TMRW Sports

NEW YORK: Tiger Woods, Rory McIlroy, and veteran sports industry executive Mike McCarley Tuesday announced the formation of TMRW Sports (pronounced “tomorrow sports”), a company focused on building technology-focused ventures that feature progressive approaches to sports, media, and entertainment.

Aug 24, 2022 17:08

Monumental Sports & Entertainment NBC Sports Washington

Monumental Sports & Entertainment to acquire NBC Sports Washington

WASHINGTON, D.C.: Monumental Sports & Entertainment and NBCUniversal parent Comcast Corporation Tuesday agreed terms under which MSE will acquire 100% of the equity interests in NBC Sports Washington by acquiring NBCUniversal’s 67% stake in the network. MSE currently owns 33% of NBC Sports Washington, which it acquired in 2016. Financial terms were not disclosed.

Aug 24, 2022 14:08

Andretti Global announces plans for $200m racing, tech HQ in Indiana

Andretti Global, the parent company of Andretti Autosport, has announced that the team has chosen Fishers, Indiana, to be the future home of its universal motorsports headquarters.

Aug 18, 2022 18:08

Herbalife inks multi-million-dollar LA Galaxy sponsorship extension

LOS ANGELES: Five-time Major League Soccer champions LA Galaxy and Herbalife Nutrition have extended their long-running partnership in a multi-year, multi-million-dollar renewal agreement.

Aug 13, 2022 12:08

Indian esports fan engagement platform FanSpace set for launch

NEW DELHI: With a stated aim to revolutionize the competitive gaming ecosystem in India, Esports Collective (ESC) is all set to launch an esports fan engagement platform - FanSpace. The platform will see a beta launch on August 15 as the nation celebrates its 75th year of Independence. The application though will be going public on September 18.

Aug 12, 2022 08:08

Tiger Shroff forays into sports nutrition mkt, partners BUILD

MUMBAI: Sports nutrition supplements start-up BUILD has collaborated with actor Tiger Shroff to launch a customised new series of health supplements. Through this strategic partnership, Tiger’s brand PROWL forays into the health and nutrition category.

Aug 11, 2022 16:08

Post IPL digital rights loss, Disney lowers '24 forecast for Disney+

The Walt Disney Company has lowered its 2024 forecast for its Disney+ streaming service to 215 million to 245 million subscribers, down 15 million on both the low end and high end of the company’s previous guidance of 230-260m paid subscribers.

Aug 10, 2022 12:08

Liberty Media leads $100m Series D funding round in Overtime

NEW YORK: Digital sports media company Overtime has raised another $100 million in a funding round led by Formula 1's commercial rights holder Liberty Media Corporation. Overtime announced Tuesday that it raised $100m in Series D funding led by Liberty Media and return investor Counterpoint Global (Morgan Stanley).

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