Business Intelligence

Esports media platform TalkEsport raises $1m pre-series A funding

SportzPower Team
May 01, 2024 20:05

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.

Sep 22, 2020 17:09
Rajasthan Royals logo
Manoj Badale draws new UK investors into RR: Report
MUMBAI: Close on the heels of the Manoj Badale-controlled Emerging Media (IPL) Ltd increasing its stake in Emerging Media Sporting Holding Ltd - the parent company that owns Rajasthan Royals - to become the largest shareholder, comes the news that the UK-based businessman has got three prominent British executives to invest in the Indian Premier League franchise.  
Sep 22, 2020 13:09
MPL Virat
MPL raises $90m in Series C Funding Led by SIG, MDI & RTP
SAN FRANCISCO: Mobile Premier League (MPL) confirmed Monday that it had raised $90 million in Series C funding, led by SIG and early stage tech investor RTP Global, along with MDI Ventures and Pegasus Tech Ventures.  Existing investors Sequoia India, Go-Ventures, and Base Partners also participated in this round. The investment brings MPL’s total funding to $130.5 million after previously raising $40.5 million.
Sep 21, 2020 17:09
Racing Point Jefferson Slack
Racing Point F1 appoints Jefferson Slack as commercial MD
LONDON: BWT Racing Point F1 Team, the Formula 1 team owned by Canadian businessman Lawrence Stroll, has appointed sports industry heavyweight Jefferson Slack as managing director - Commercial and Marketing.
Sep 21, 2020 15:09
FIFA approves $6.44bn revised budget for 2019-2022
ZURICH: The 70th FIFA Congress convened remotely for the first time, as all the 211 member associations joined via videoconference on Friday. With a predicted drop of $120 million in revenue for the period 2019-2022 due to the COVID-19 pandemic, the FIFA Congress approved a revised budget for the four-year financial cycle.
Sep 21, 2020 13:09
Diageo India MD gets additional charge as RCB chairman
BENGALURU: Diageo India managing director and CEO Anand Kripalu has been appointed by the British multinational beverage alcohol company as chairman of Royal Challengers Sports Pvt Ltd, the holding company of Indian Premier League franchise Royal Challengers Bangalore, effective October 1. 
Sep 18, 2020 18:09
LaLiga, PortAventura World launch €150m entertainment project
MADRID: LaLiga and PortAventura World Friday announced a joint venture to create The Beat Challenge, a one-of-a-kind entertainment experience to be enjoyed both within PortAventura World and beyond. This follows a strategic agreement between the two entities seeking to link football and entertainment through various digital and physical experiences, while boosting tourism. 
Sep 18, 2020 16:09
Rajasthan Royals logo
RR co-owners propose internal share transfer: Report
MUMBAI: Emerging Media Sporting Holding - the parent company that owns Rajasthan Royals and second-highest shareholder of the three stakeholders that own the Indian Premer League franchise - is reportedly set to increase its stake in the franchise by 13.4%, through a proposed all-cash deal worth $26 million (Rs 1.9+ billion), pending BCCI approval.
Sep 18, 2020 15:09
Mobile Premier League logo
SIG Global leads $75m investment round in MPL: Report
MUMBAI: Close on the heels of fantasy sports platform Dream11's parent company Dream Sports raising $225 million in primary and secondary investment, Mobile Premier League (MPL) has reportedly closed $75 million in fresh financing led by SIG Global India Fund.
Sep 17, 2020 18:09
Asia's largest sports literary festival to make Canada debut
TORONTO: After two outstanding events in India, the only Sports Literature Festival in the world moves to Canada on September 18, for its third edition with an excellent roster of Canadian, and international sports authors and sport aficionados. 
Sep 17, 2020 17:09
COVID-19 to cost football $14bn this year: FIFA
ZURICH: World football's governing body FIFA estimates that the negative impact of the disruption wreaked by the COVID-19 pandemic in 2020 to be around $14 billion.     “The estimated impact of the disruption was around $14 billion,” Olli Rehn, who chairs the FIFA COVID-19 Relief Plan Steering Committee and who acts as FIFA Governance Committee deputy chairman, has stated. 
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