Investments

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. 

Feb 09, 2022 17:02
GAYDON, United Kingdom: Jaguar and Envision Racing have announced a new multi-year customer supply relationship which will start at the launch of the 2022/23 ABB FIA Formula E World Championship season. 
Feb 07, 2022 16:02
KOLKATA: The co-owner of the Kolkata Thunderbolts franchise of the Prime Volleyball League (Pro Volleyball league rebadged for legal reasons) has opened up about the reasons behind investing in a PVL team.
Feb 04, 2022 19:02
LONDON: The Aston Martin Formula One team and Saudi Arabian state-owned energy giant Aramco Thursday announced a long-term strategic partnership. In addition to joint research and development, the collaboration includes team sponsorship rights, a licensing agreement, as well as exclusive branding and endorsement rights for Aramco fuels and lubricants.
Feb 03, 2022 18:02
SINGAPORE LIV Golf Investments and the Asian Tour have unveiled The International Series and the 2022-23 destinations and prize purses for the ground-breaking series of 10 marquee international events announced in November 2021.
Feb 02, 2022 17:02
BENGALURU: Ankit Nagori, founder of Curefoods and first time investor in a sports franchise - Bengaluru Torpedoes of Prime Volleyball League - explains the reasons behind the acquisition and his plans for the future.
Feb 02, 2022 15:02
MADRID: Tuesday marked the official creation of LaLiga Group International, the new holding company that will coordinate Boost LaLiga, the strategic project joining LaLiga and global investment fund CVC, which has an 8.2% stake in the new company.
Feb 01, 2022 13:02
NEW DELHI: Finance Minister Nirmala Sitharaman, during her Budget speech for the financial year 2022-2023, announced that the government is going to set up an Animation, Visual Effects, Gaming, and Comics (AVGC) task force.  The task force will work with all stakeholders to recommend ways to realise the objective and build domestic capacity for serving India's markets and meet global demand as well.
Jan 31, 2022 19:01
HERZOGENAURACH, Germany: As a major year of sport commences, adidas continues its 'Impossible Is Nothing' story with the announcement of its biggest ever commitment to women. Driven by the belief that sport has the power to change lives, the brand will support those who are breaking down barriers and driving gender equity, on and off the field of play.
Jan 31, 2022 18:01
MUMBAI: The heat is on! With the BCCI scheduled to hold an e-auction for the Indian Premier League in mid-February, K Madhavan, president, Walt Disney Company India and Star India, in a calibrated set of interactions with a number of Indian media outlets, has publicly laid down a marker that the media giant was bullish on retaining its most valuable property.
Jan 27, 2022 21:01
MUMBAI: Lupa India, the Indian subsidiary of James Murdoch's investment company Lupa Systems, in which Uday Shankar, former chairman of Star India and president of Walt Disney Asia Pacific took a 51% stake in December, is reportedly making a major move into the Indian media and entertainment sector.