Investments

Sony, Natekar Sports to invest $10m+ in World Pickleball League

Last updated : May 10, 2024 19:05

SportzPower Team

May 09, 2024 21:05

Read more about Sony, Natekar Sports to invest $10m+ in World Pickleball League
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MUMBAI: India’s growing reputation as a potential racquet sports hub is all set to get a massive boost with the launch of the World Pickleball League (WPBL), the first-ever professional pickleball league, envisaged by Natekar Sports and Gaming (NSG) and Sony Entertainment Talent Ventures India (SETVI).

NSG, is a company promoted by ‘former Davis Cup star and Arjuna Awardee Gaurav Natekar and his wife, ‘Arati Ponnappa Natekar, also a former India #1 in Tennis. SETVI is a joint venture between Sony Music Entertainment and Sony Pictures Entertainment.

Jun 09, 2023 19:06

JetSynthesys buys Ratnagiri Jets in MPL 23

MUMBAI: Digital entertainment and technology company, JetSynthesys, has acquired the franchise rights of the Ratnagiri Jets franchisein the fourth edition of the Maharashtra Premier League (MPL) 2023. JetSynthesys won the bid of the team for Rs 83 million. marking its entry into the realm of sports ownership, a media release said.

Jun 08, 2023 19:06

Qatar final bid for ManU; Friday deadline

QATAR'A Sheikh Jassim bin Hamad al-Thani has submitted a bid in the region of $7.4 million to buy Manchester United, a media report said. According to The Daily Mail, the Qatari investors have submitted a fifth and final offer for the club and given a deadline of this Friday to accept the offer.

Jun 07, 2023 15:06

Golf’s civil war ends as PGA, DP World strike divisive deal with LIV

MONEY TALKS! AND HOW! The world of golf, fragmented since May last year following the launch of LIV Golf - bankrolled by Saudi Arabia's Public Investment Fund (PIF) - declared a truce Tuesday that left the golfing world at large shell-shocked.

Jun 06, 2023 19:06

Dhawan is investor and ambassador for TagZ Foods

NEW DELHI: Indian cricketer Shikhar Dhawan has invested an undisclosed amount of funding in omnichannel snack brand TagZ Foods. As part of the deal, the startup has also roped in Dhawan as its brand ambassador.

Jun 05, 2023 17:06

KL Rahul invests in Sequoia-backed Hyugalife

MUMBAI: Hyugalife, a health and wellness brand, has roped in Indian cricketer KL Rahul as investor and ambassador.

Jun 05, 2023 17:06

Global Chess League reveals 6 teams for inaugural edition

THE GLOBAL CHESS LEAGUE (GCL), a joint venture between Tech Mahindra and FIDE, today unveiled the six participating franchises for its first edition. The league will commence with a players' draft where franchise owners will select players for their respective teams, a media release said.

Jun 02, 2023 15:06

Puma partners with Al Hilal FC partnership for Saudi football

PUMA, one of the world’s leading sports brands, has announced its official five-year sponsorship with Saudi Arabia’s Al-Hilal FC, one of the world’s most decorated football clubs. The groundbreaking partnership unites the two global giants as they come together to transform the country’s thriving and passionate football culture with dynamic new initiatives and products, a media release said.

Jun 01, 2023 12:06

Vettel and Erik Heil announce first Germany SailGP team

TWO OF GERMANY'S leading sports stars – four-time F1 World Champion Sebastian Vettel and double Olympic sailing bronze medallist Erik Heil – have come together, alongside team owner Thomas Riedel, to announce the Germany SailGP Team.

Jun 01, 2023 12:06

BDT & MSD Partners invest in Under Armour

BALTIMORE: Under Armour, has announced that funds managed by BDT Capital Partners purchased approximately 16 million class C shares of Under Armour stock from Executive Chair and Brand Chief, Kevin Plank. BDT Capital Partners is an affiliate of BDT & MSD Partners, a merchant bank built to serve the distinct needs of business owners and strategic, long-term investors.

May 29, 2023 19:05

Bollywood actor Tiger Shroff invests in Revenant Esports

NEW DELHI: Bollywood action superstar, Tiger Shroff, has forayed into the Indian esports industry with a decision to invest an undisclosed amount in Revenant Esports, one of India’s growing esports teams. The decision was announced in a joint press release on Monday.

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