Investments

Sachin joins US' National Cricket League ownership group

SportzPower Team

Oct 08, 2024 19:10

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The Dallas, US-headquartered National Cricket League has announced that Sachin Tendulkar has joined the NCL's ownership group.

Tendulkar's involvement is an extension of NCL's stated mission to "make cricket a household name in the US".

Tendulkar will arrive in Dallas this week. He will also present the championship trophy to the winning team at the NCL's inaugural "Sixty Strikes" tournament, marking a historic moment for the sport's rise in America.

Oct 07, 2024 17:10

JetSynthesys Global e-Cricket Premier League

GEPL's Bengaluru franchise pulls in high profile owners

JetSynthesys, a digital entertainment and technology firm, has onboarded Nikhil Kamath, co-founder of Zerodha, Ankit Nagori, founder of Curefoods, and Prashant Prakash, partner at Accel, as joint team owners for the Bengaluru franchise in the upcoming season 2 of the Global e-Cricket Premier League (GEPL).

Oct 07, 2024 12:10

Tribes launches sports mktng & management business unit

Tribes Communication has announced the launch of Tribes Sports, a sports marketing and management vertical that provides services across the sports and entertainment sectors. From league development to athlete representation, Tribes Sports will be spearheaded by Ambika Sharma, who in her current role has been leading key businesses for the organisation.

Oct 04, 2024 18:10

Hockey India League set to return after 7-yr hiatus in 2025

In a major boost to Indian hockey, the Hockey India League (HIL) is set to make a historic comeback after a seven-year hiatus, with the 2024-25 edition bringing an exciting new era to the sport.

Sep 30, 2024 19:09

Sachin partners Sugar.fit as brand ambassador, investor

Sugar.fit, a health-tech startup focused on managing and reversing Type 2 diabetes and pre-diabetes, has announced the onboarding of cricket legend Sachin Tendulkar as brand ambassador and strategic investor. This collaboration is set to enhance Sugar.fit’s mission of revolutionizing diabetes care through a holistic, science-backed, and data-driven digital health experience.

Sep 30, 2024 17:09

DC co-owners GMR complete Hampshire County Club takeover

Hampshire has become the first English county cricket club under overseas ownership after agreeing terms with the GMR Group, equal co-owners alongside JSW Group of Indian Premier League franchise Delhi Capitals, for its takeover.

Sep 27, 2024 20:09

Ahead of merger with Disney Star, additions to Viacom18 board

Ahead of the merger of the India business of Walt Disney into Viacom18, Reliance Foundation chairperson Nita Ambani and Reliance Jio Infocomm chairman Akash Ambani are reportedly among key additions to the board of the Indian media giant.

Sep 27, 2024 20:09

Loco offloads majority stake to UAE-based Redwood for $65m

Game streaming platform Loco has sold a majority stake to Redwood, a technology-focused investment company based in the UAE, for $65 million as the startup looks to expand into international markets. The company has stated that the transaction involves a mix of primary and secondary investment and will provide a full exit for Loco's existing investors.

Sep 23, 2024 11:09

Liberty closes refinancing of F1 debt, MotoGP acquisition funding

Liberty Media Corporation has announced that it closed the refinancing of the first lien Term Loan B and the maturity extension of the first lien Term Loan A and first lien revolving credit facility of certain subsidiaries of Delta Topco Limited, the Liberty subsidiary which holds all of its interests in Formula 1, on September 19.

Sep 19, 2024 16:09

GMR Group acquires 49% stake in Hampshire for $143m

The GMR Group, through GMR Airports Limited, has acquired a 49% stake in Hampshire County Cricket Club from the England & Wales Cricket Board (ECB) for Rs 12 billion ($143 million), with the option to acquire the remaining 51% as well.

Sep 19, 2024 15:09

Nazara raises Rs900cr; ups stake in Sportskeeda parent

Nazara Technologies a diversified gaming and sports media company, has announced its largest fund raise to boost its growth trajectory.

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