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 09, 2022 17:08

Stage set for Ultimate Kho Kho debut; 5-language t'cast on Sony

MUMBAI: As India approaches its 75th year of Independence, Ultimate Kho Kho and Sony Sports Network are preparing to launch the inaugural season. Starting August 14, Sony Sports Network will broadcast the league in five languages on Sony TEN 1 (English), Sony TEN 3 (Hindi & Marathi), and Sony TEN 4 (Telugu & Tamil). The league will also be available to livestream on their premium OTT platform SonyLIV.

Aug 09, 2022 14:08

Parth Jindal seeks Anand Mahindra support for sports devt

MUMBAI: JSW Group scion Parth Jindal, the driving force behind JSW Sports, has reached out to Mahindra & Mahindra (M&M) chairman Anand Mahindra, seeking his support for Indian sports and institutions like the Inspire Institute of Sport (IIS).

Aug 04, 2022 18:08

UIBL invests in BSB Sports agency; onboards founder as CMO

DUBAI: The recently launched United International Baseball League (UIBL), a professional baseball league created to serve India, Pakistan and the Middle East, expanded its sports marketing and brand sponsorship infrastructure Wednesday by purchasing a stake in sports management and marketing firm BSB Sports.

Aug 03, 2022 18:08

Lewis Hamilton joins NFL team Denver Broncos ownership group

Seven-time Formula 1 world champion Lewis Hamilton has joined the ownership group of NFL franchise Denver Broncos. Hamilton was Tuesday named a limited investor to the Walton-Penner Group, which agreed to purchase the Broncos for an American sports franchise record $4.65 billion in June.

Aug 03, 2022 16:08

Emami seals deal as East Bengal's majority stakeholder

KOLKATA: Third time lucky? East Bengal FC's long suffering fans would certainly be hoping so. The storied football club Tuesday completed the formalities of entering into a joint venture investment agreement with Kolkata-based multinational conglomerate Emami Group, forming a new company - Emami East Bengal FC Private Limited.

Aug 03, 2022 15:08

Wills Lifestyle set for closure as ITC exits segment

NEW DELHI: Two years after reports first surfaced that ITC was looking to shut down its premium retail brand Wills Lifestyle as part of its larger strategy to restructure and remodel the loss-making lifestyle retailing vertical, the FMCG major on Tuesday announced its exit from the segment. The decision was made after a strategic review of its business portfolio, the company said in a regulatory filing.

Aug 01, 2022 12:08

JD Sports loses big in Footasylum sale to investment firm

MUNICH: German asset management firm Aurelius announced Monday the acquisition of Footasylum, one of the leading retailers of fashion streetwear and sportswear in the UK, from Britain's largest sportswear retailer JD Sports Fashion (JD Sports), in a transaction with an enterprise value of approximately €45m (£37.5m).

Jul 29, 2022 18:07

UAE T20 league lays down 'money marker' for inaugural edition

MUMBAI: With three competing Twenty20 leagues scheduled for next January, the Emirates Cricket Board-backed ILT20 has reportedly set an early marker to ensure marquee T20 players sign on the dotted line. Not surprisingly, it's all about the money.

Jul 29, 2022 17:07

Coca-Cola introduces 'no-fizz' Limca Sportz, signs Neeraj Chopra

MUMBAI: Coca-Cola India has confirmed reports first published in May that it was extending its brand Limca into the hydrating sports drinks category, a first for the lemon-flavoured beverage, with Limca Sportz.

Jul 27, 2022 19:07

Sai Praneeth a partner in new sports app 'WhatsInTheGame'

BENGALURU: A new sports media and tech startup 'WhatsInTheGame', a Web 3.0 & the Metaverse Sports application that gives news shorts in 60 words or less, schedules, and result cards of global sports, has been launched. 'WhatsInTheGame' has been founded by Anil Kumar Mamidala, EJB Prameela and international badminton player B Sai Praneeth.

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