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.

Apr 27, 2022 07:04
MUMBAI: The most valuable franchise in the Indian Premier League is the Reliance-owned Mumbai Indians, with a valuation of $1.3 billion, followed by Chennai Super Kings at $1.15 billion, a Forbes report published Tuesday avers.
Apr 26, 2022 22:04
CHENNAI: TVS Motor Company and PETRONAS have announced an alliance that sees the Malaysian engine oil giant become the title partner of TVS Racing, the Indian two-wheeler major's factory racing team.
Apr 26, 2022 19:04
SAN FRANCISCO: Twitter, Inc Monday announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. 
Apr 22, 2022 12:04
SAN FRANCISCO: Stephen Curry, three-time NBA champion and two-time MVP, has announced the expansion of his Underrated brand to include the sport of golf.  The basketball superstar's lifestyle brand, which has the stated mission to empower underrated and underrepresented individuals all over the world, is launching his own golf tour, aimed at providing access and opportunity to underrepresented student athletes. 
Apr 21, 2022 15:04
NEW DELHI: Online ticketing and entertainment platform BookMyShow has made a strategic investment for a majority stake in TribeVibe, a one-stop solution for college festival entertainment.  The size of the deal or other financial details were not disclosed. BookMyShow has deepened its partnership with TribeVibe through "strategic investment" "for a majority stake", a company statement said on Wednesday.
Apr 21, 2022 10:04
MUMBAI: Cricket NFT platform Rario Wednesday announced a $120 million Series A funding round led by Dream Capital, the corporate venture capital and M&A arm of Dream Sports.
Apr 20, 2022 16:04
MUMBAI: Dream Sports Foundation (DSF), the philanthropic arm of Dream Sports, is providing support to the Dilip Vengsarkar Foundation to help budding cricketers and promote the sport at the grassroots level.
Apr 20, 2022 16:04
MUMBAI: Inside The Pocket (ITP), a leading free-to-play (F2P) aggregation platform, has secured institutional investment of $4 million from a consortium of investors, spearheaded by WinSure Global, as it bids to expand its global footprint.
Apr 18, 2022 10:04
LONDON: Nissan has announced the acquisition of the Le Mans-based e.dams race team, with the Japanese manufacturer taking full ownership of its involvement in the ABB FIA Formula E World Championship.
Apr 18, 2022 05:04
MUMBAI: Viacom18 has launched Sports18, the network’s dedicated sports broadcasting channel.