Investments

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 19, 2021 13:11
NEW DELHI: Prime Volleyball League Friday announced that businessmen Pawan Kumar Patodia and Vineet Bhandari have acquired Kolkata Thunderbolts, the Kolkata franchise that is the seventh team competing in PVL's inaugural season.
Nov 18, 2021 09:11
MUMBAI: Singapore-based esports company Ampverse has announced its launch in India, its fourth operational market, acquiring Indian firm 7Sea Esports for an undisclosed sum.  The esports company is also planning to make a multi-million dollar investment to accelerate the esports and gaming ecosystem in the Indian market, as per an official statement.
Nov 18, 2021 09:11
NEW YORK: The National Basketball Association (NBA) has inked an expansive multi-year partnership agreement with Sportradar Group.  Sportradar becomes the exclusive global provider of NBA, Women’s National Basketball Association (WNBA) and NBA G League data. Significantly, the new, expanded agreement also provides NBA with an equity stake in Sportradar.
Nov 15, 2021 18:11
MUMBAI: Ease of doing business? CVC Capital Partners went in with eyes wide open when they made a winning bid of Rs 5625 crore to acquire the Ahmedabad franchise in the Indian Premier League.
Nov 12, 2021 16:11
MUMBAI: Ashish Bhasin, CEO APAC and India chairman of Dentsu International, has stepped down from the agency. Bhasin said in a statement: "I have had a wonderful 13+ years and have enjoyed leading Dentsu India and Dentsu APAC. I am very pleased to announce that the company has kindly agreed to my request of early retirement.
Nov 11, 2021 22:11
CHARLOTTE, NC: Leaders Group, parent company of Sports Business Journal, has finalized its acquisition of the assets of SportTechie, the leading sports technology content and events company.  SportTechie will be integrated into Sports Business Journal, making the combined entity the leading source of insights and information for sports industry leaders and innovators. 
Nov 11, 2021 19:11
LONDON: Premier League club West Ham United announced Wednesday that Czech billionaire Daniel Křetínský's investment firm 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd. Financial terms were not disclosed. As part of the agreement, it is intended that Křetínský and his colleague Pavel Horský will become members of the board of directors of WH Holding Ltd.
Nov 10, 2021 18:11
MUMBAI: The Sun TV Network, which owns Indian Premier League franchise SunRisers Hyderabad, informed on Monday that its IPL team contributed revenues worth Rs 175.55 cr in the six month period ending September 30, and Rs 51.63 cr (Rs 516.3m) in the second quarter. 
Nov 02, 2021 11:11
STOCKHOLM: Hygiene and health company Essity has acquired Johnson & Johnson Consumer Inc.'s professional sports tape brands Coach, Elastikon and Zonas, which are established premium products in the US market. 
Oct 28, 2021 19:10
JACKPOT! THAT ABOUT SUMS UP the sentiment that would be running amok as it were among the "Original 8" team owners of the BIGGEST show in world cricket - the Indian Premier League.