Investments

DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market. 

Dec 02, 2021 16:12
LONDON: Dentsu International Wednesday announced the appointment of Alex Hesz as Global chief strategy officer. 
Dec 02, 2021 12:12
MUMBAI: Mosaic Wellness, a health & wellness start-up running digital health clinics Man Matters and Bodywise, has entered into a strategic marketing-led investment partnership with Spring Marketing Capital. 
Dec 01, 2021 20:12
MUMBAI: Two done, four to confirmations go. Lancer Capital, the investment SPV of the Glazer family, who own English Premier League giants Manchester United, Wednesday confirmed its first ever historic foray into cricket by acquiring a franchise in the Emirates Cricket Board’s upcoming UAE T20 League.
Dec 01, 2021 09:12
MORRISTOWN, N.J.: Arria NLG, a leading provider of Natural Language Generation (NLG) technology, Tuesday announced it has acquired Boost Sport AI, whose proprietary technology uses data analytics and computer vision to automate sport performance and power digital storytelling across media, betting, and e-commerce.
Nov 30, 2021 19:11
SAN FRANCISCO: Twitter, Inc. Monday announced that Jack Dorsey has decided to step down as chief executive officer and that the board of directors has unanimously appointed chief technology officer Parag Agrawal as CEO and a member of the board, effective immediately. 
Nov 30, 2021 18:11
MUMBAI: So the BCCI is finally done with the dilly-dallying on the "matter" of CVC Capital Partners. As the usually reliable Vijay tagore of Cricbuzz reports, the governing council of the Indian Premier League is expected to give a "formal nod" to CVC for the Ahmedabad franchise, "unless there is an unlikely last minute twist", on December 3.
Nov 29, 2021 13:11
MUMBAI: Close on the heels of Zee Entertainment Enterprises Limited managing director and CEO Punit Goenka declaring that Zee’s merger with Sony Pictures Networks India (SPN) is in the final stages, the Indian media major has made its first big play in international sports broadcasting post its sale of Ten Sports to Sony in 2017. 
Nov 29, 2021 10:11
MUMBAI: Ravi Shastri, former cricketer and head coach of the Indian cricket team has launched a sports management and marketing agency named 'Sporting Beyond' in partnership with Papia Pradeep Guha and Jaiveer Panwar. Sahil Malhotra will be the senior vice president and head of operations for the company.
Nov 29, 2021 09:11
THE SOLICITOR-GENERAL NO LESS! The BCCI has reportedly referred the CVC Capital Partners "matter" to SGI Tushar Mehta, who represents the board in matters not involving the government of India.
Nov 25, 2021 17:11
MUMBAI: Homegrown sports tech platform Dream Sports, parent company of fantasy gaming unicorn Dream11, has raised $840 million in a fresh funding round led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global, at an enterprise valuation of $8 billion.