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.

Nov 29, 2021 09:11

VIEWPOINT: Fresh bids for 10th team fair option if CVC nixed

THE SOLICITOR-GENERAL NO LESS! The BCCI has reportedly referred the CVC Capital Partners "matter" to SGI Tushar Mehta, who represents the board in matters not involving the government of India.

Nov 25, 2021 17:11

Dream Sports raises $840m in new funding round at $8bn valuation

MUMBAI: Homegrown sports tech platform Dream Sports, parent company of fantasy gaming unicorn Dream11, has raised $840 million in a fresh funding round led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global, at an enterprise valuation of $8 billion.

Nov 24, 2021 18:11

27th Investments pull plug on LPL team ownership

COLOMBO: Out before even stepping in. IPG, organisers and commercial rights holders of the Lanka Premier League, and Sri Lanka Cricket on Wednesday informed that 27th Investments, who were previously onboarded as the owner of LPL's Colombo franchhise, has decided to withdraw from the tournament "after the parties were not able to come to a conclusive financial and logistical understanding".

Nov 24, 2021 17:11

RIL 1st of 6 owners to confirm team purchase in UAE T20 League

MUMBAI: One down, five to go. Reliance Industries Limited, through its subsidiary Reliance Strategic Business Ventures Ltd (RSBVL), confirmed Wednesday that it will be acquiring the rights to own and operate a new franchise cricket team in the Emirates Cricket Board’s upcoming UAE T20 League.

Nov 24, 2021 14:11

Zee-Sony merger in ‘final stages’; sports to be key focus area: Punit

NEW DELHI: Zee Entertainment Enterprises Limited (ZEEL) managing director and CEO Punit Goenka on Tuesday said that the company’s merger with Sony Pictures Networks India (SPN) is in the final stages. About 53% of the merged entity would be owned by Sony and the rest by Zee’s holders, according to the non-binding agreement signed in September.

Nov 23, 2021 17:11

CVC, HPS to buy into Authentic Brands at $12.7bn valuation

NEW YORK: Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, Monday announces that funds advised by CVC Capital Partners (CVC) and HPS Investment Partners (HPS) have signed definitive agreements to purchase significant equity stakes in the company from certain current ABG shareholders. The transaction values the company at $12.7 billion in enterprise value.

Nov 23, 2021 16:11

Yuvraj among Indian investors in consumer tech brand Nothing

MUMBAI: A host of celebrities, including retired cricketer Yuvraj Singh, film producer and director Karan Johar and fashion designer Sabyasachi Mukherjee, are among the list of investors in London-based consumer technology brand Nothing, the company announced.

Nov 23, 2021 16:11

Sports, festivities drive all-time high ad volumes in Oct: BARC

MUMBAI: The festive season has spelled good news for the TV industry with October recording all-time high advertising volumes.

Nov 23, 2021 11:11

ICC ties global salience, growth to T20 format, women's cricket

DUBAI: The International Cricket Council on Monday unveiled its growth strategy, developed in partnership with the members, that places women's cricket at the forefront. The ICC also stressed the point that it is positioning "T20 as the growth format of the game across all of our members".

Nov 19, 2021 17:11

Rario launches marketplace to allow users to trade cricket NFTs

NEW DELHI: Cricket-based NFT platform Rario Friday announced the launch of its Marketplace feature, which will allow users to buy, sell and trade Rario NFTs on the company’s digital platform.

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