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.

Apr 13, 2022 07:04

Shree Cement exits; EB bosses now pin hopes on Bangla group

KOLKATA: Shree Cement Limited on Tuesday officially ended their two-year "troubled from the get-go" association with East Bengal, handing back the sporting rights of the ISL wooden spooners to the club's executive committee.

Apr 13, 2022 06:04

Flatheads onboards Gaurav Kapur as investor, brand ambassador

BENGALURU: Direct-to-customer (D2C) online casual sneakers brand Flatheads has announced Indian television actor and cricket presenter Gaurav Kapur as its brand ambassador. Kapur has also invested in the brand as an angel investor participating in its pre-Series A.

Apr 13, 2022 05:04

Sportradar acquires AI solutions developer for iGaming industry

ST. GALLEN, Switzerland: Sports technology company Sportradar Tuesday announced the acquisition of Vaix Limited, which develops Artificial Intelligence (AI) solutions specifically designed for the iGaming industry.

Apr 12, 2022 07:04

Deloitte announces investment into UK Sports Business Group

LONDON: Deloitte’s Financial Advisory practice announced plans Monday to invest significantly in its UK Sports Business Group over the next three years. The practice will continue to grow the Group’s capabilities, recognising a record level of public and private investor activity in the sports sector and broader structural change across the industry.

Apr 07, 2022 11:04

Invesco to offload 7.8% of its 18.8% stake in Zee for Rs22bn

MUMBAI: Bitter boardroom battle resolved, Invesco, the single largest shareholder in Zee Entertainment Enterprises Ltd, declared Wednesday that it would divest up to 7.8% of its stake in Zee via a block deal on April 7.

Apr 06, 2022 17:04

Apple to pick up ITT for IPL media rights next week: Report

MUMBAI: Now here's a reported development that comes straight out of "left field" as it were. While the "expected suspects" have reportedly bought the Invitation-To-Tender (ITT) bid document for world cricket's biggest media rights property, recently released by the Board of Control for Cricket in India, there is a new name that has been added to the prospective list. And it is is as big as they come.

Apr 06, 2022 00:04

E-com gaming dominates advertising in 1st 5 games of IPL 15: TAM

MUMBAI: TAM Sports has released the TAM AdEx Sports - IPL 15 Advertising Report, which has analysed data from the first 5 games of this year's 15th edition of the Tata Indian Premier League, and for all the channels on which matches were telecast, and how it compares with IPL 14.

Apr 05, 2022 22:04

Nazara invests $2.5m in US-based game fund

MUMBAI: Nazara, a wholly-owned subsidiary of Nazara Technologies Limited, has announced a $2.5 million investment in US-based game fund BITKRAFT Ventures. Of the $2.5 million, $875,000 will be invested upfront, while the balance investment amount of $1.625 million will be deployed over a period of three years.

Apr 05, 2022 22:04

KL Rahul aboard innerwear brand XYXX as ambassador / investor

MUMBAI: Men's innerwear and lounge wear brand XYXX Tuesday announced cricketer KL Rahul as its brand ambassador. XYXX also announced that KL Rahul had invested an undisclosed amount in the company (translated, sweat equity?). For the record, in June 2021, XYXX had raised Rs 30 crore in Series-A funding from Sauce.vc, DSG Consumer Partners and Synergy Capital Partners.

Apr 04, 2022 14:04

At prices set by BCCI, IPL digital rights appear more a telco play

SO HERE GOES THE FIRST OF THE PROMISED SEPARATE EXAMINATI0NS of the Board of Control for Cricket in India's Invitation to Tender (ITT) for media rights to world cricket's most valuable property.

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