Investments

Agilitas acquires exclusive rights for Lotto brand in India, Oz, SA

SportzPower Team

Apr 19, 2024 20:04

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Indian sports and athleisure company Agilitas Sports has acquired exclusive licensing rights to design, manufacture, and distribute Italian shoe brand Lotto in India, Australia, and soon South Africa for a period of 40 years for an undisclosed fee.

Agilitas Sports, which acquired the rights from WHP Global, is co-founded by former PUMA India and South-East Asia managing director Abhishek Ganguly.

Dec 22, 2021 08:12

SPN, Zee ink definitive merger agreement; next step public listing

MUMBAI: Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) Wednesday announced that they have signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries.

Dec 21, 2021 08:12

Cult.fit acquires Urban Terrain, RPM Fitness, 2 other equipment brands

NEW DELHI: Fitness and wellness startup Cult.fit on Monday said it has acquired at-home cardio equipment brands - RPM fitness, Fitkit and Onefitplus. Financial terms were not disclosed. Cult is also making a foray into outdoor bicycles business with acquisition of brand Urban Terrain.

Dec 15, 2021 16:12

NWSL enters cryptocurrency arena with Voyager partnership, investment

NEW YORK: The National Women's Soccer League has announced Voyager Digital Ltd as the first cryptocurrency partner of the top tier women's football league in the US.

Dec 14, 2021 14:12

Spinny onboards Sachin Tendulkar as investor, lead endorser

MUMBAI: Indian cricketing legend Sachin Tendulkar has come on board used car retail platform Spinny as a strategic investor in the company, as well as lead brand endorser. The association with the Master Blaster marks another chapter in Spinny’s commitment to young Indians in the realization of their dreams and aspirations by serving simple and delightful car buying and selling experiences.

Dec 14, 2021 12:12

Aditya Birla Fashion acquires rights to Reebok in India

MUMBAI: Aditya Birla Fashion and Retail Ltd. (ABFRL) announced on Tuesday that it had in-principal approved buying exclusive online and offline rights to the global sportswear brand Reebok for the Indian market. The deal will be effective once the global ownership of the Reebok brand is transferred from adidas to Authentic Brands Group under a €2.1 billion ($2.37bn) acquisition announced in August.

Dec 14, 2021 12:12

Nike acquires NFT Studio RTFKT in metaverse push

BEAVERTON, Oregon: NIKE, Inc. Tuesday announced the acquisition of RTFKT, a leading brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming, making a big step to the NFT (non-fungible token) world. The move by the sportswear giant will lead to more creation of virtual collectibles for the metaverse space.

Dec 14, 2021 10:12

Nodwin Gaming picks up 10% stake in digital content ntwrk Rusk Media

MUMBAI: Nodwin Gaming has acquired a strategic 10% stake in the digital content IP media network Rusk Media. To assert its dominance in the Indian esports ecosystem, the company has been on an expansion and consolidation spree since its funding in March this year. With this investment in Rusk Media, Nodwin Gaming aims to deepen and widen its portfolio of content IPs in the gaming and esports ecosystem.

Dec 13, 2021 13:12

PHL organisers unveil 3rd franchise owner in 6-team league

NEW DELHI: The organisers of the upcoming Premier Handball League have unveiled realty firm Shatvik Corporation, with diversified pigments and agrochemicals interests through its group companies, as owners of the Rajasthan Wolverines franchise in the six-team PHL.

Dec 13, 2021 10:12

Mobile gaming accounts for 90%+ of Indian gaming market: Study

NEW DELHI: Mobile gaming contributes more than 90% to the current $1.6 billion gaming market in the country, according to the latest report by the Internet and Mobile Association of India (IAMAI). India is currently home to over 430 million mobile gamers and the number is estimated to grow to 650 million by 2025, according to the study accessed by IANS.

Dec 13, 2021 10:12

As BCCI dithers on CVC call, silence on IPL media rights ITT

MUMBAI: The wait gets longer. And yet more timelines set by the Board of Control for Cricket in India are set to come and go.

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