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.

Dec 14, 2021 12:12

Aditya Birla Fashion acquires rights to Reebok in India

MUMBAI: Aditya Birla Fashion and Retail Ltd. (ABFRL) announced on Tuesday that it had in-principal approved buying exclusive online and offline rights to the global sportswear brand Reebok for the Indian market. The deal will be effective once the global ownership of the Reebok brand is transferred from adidas to Authentic Brands Group under a €2.1 billion ($2.37bn) acquisition announced in August.

Dec 14, 2021 12:12

Nike acquires NFT Studio RTFKT in metaverse push

BEAVERTON, Oregon: NIKE, Inc. Tuesday announced the acquisition of RTFKT, a leading brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming, making a big step to the NFT (non-fungible token) world. The move by the sportswear giant will lead to more creation of virtual collectibles for the metaverse space.

Dec 14, 2021 10:12

Nodwin Gaming picks up 10% stake in digital content ntwrk Rusk Media

MUMBAI: Nodwin Gaming has acquired a strategic 10% stake in the digital content IP media network Rusk Media. To assert its dominance in the Indian esports ecosystem, the company has been on an expansion and consolidation spree since its funding in March this year. With this investment in Rusk Media, Nodwin Gaming aims to deepen and widen its portfolio of content IPs in the gaming and esports ecosystem.

Dec 13, 2021 13:12

PHL organisers unveil 3rd franchise owner in 6-team league

NEW DELHI: The organisers of the upcoming Premier Handball League have unveiled realty firm Shatvik Corporation, with diversified pigments and agrochemicals interests through its group companies, as owners of the Rajasthan Wolverines franchise in the six-team PHL.

Dec 13, 2021 10:12

Mobile gaming accounts for 90%+ of Indian gaming market: Study

NEW DELHI: Mobile gaming contributes more than 90% to the current $1.6 billion gaming market in the country, according to the latest report by the Internet and Mobile Association of India (IAMAI). India is currently home to over 430 million mobile gamers and the number is estimated to grow to 650 million by 2025, according to the study accessed by IANS.

Dec 13, 2021 10:12

As BCCI dithers on CVC call, silence on IPL media rights ITT

MUMBAI: The wait gets longer. And yet more timelines set by the Board of Control for Cricket in India are set to come and go.

Dec 11, 2021 06:12

LaLiga clubs ok €2bn CVC deal; Real, Barca vow legal action

MADRID: The LaLiga General Assembly Friday ratified the Boost LaLiga (LaLiga Impulso) project with backing from a large majority of clubs. The project is a strategic agreement reached with global investment fund CVC (the same one that recently won the bid to own the new Ahmedabad franchise in the Indian Premier League) to promote the global growth of LaLiga and its clubs.

Dec 10, 2021 15:12

Byju's appoints Rachna Bahadur to lead global expansion plans

MUMBAI: Indian edtech major Byju's Friday announced the appointment of Rachna Bahadur as the senior vice president to lead its global expansion plans.

Dec 07, 2021 20:12

Invesco oks Zee-Sony merger plan with 1 condition: report

MUMBAI: Reports late last week that Punit Goenka, managing director and CEO of Zee Entertainment Enterprises Ltd, had flown to Los Angeles to sign off on the proposed merger between Zee and Sony Pictures Networks India (SPN), have gained further heft.

Dec 07, 2021 19:12

GameOn funding to drive NFT gaming devt in Indian mkt

DUBAI: GameOn Entertainment Technologies Inc., a leading game technology provider to media, sports and entertainment companies, has announced a strategic partnership with Polygon & Polygon Studios to build NFT-Based games on their Ethereum-based scaling platform.

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