Investments

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 15, 2021 18:09
MUMBAI: Bluesport Entertainment Private Limited, which has secured 10-year commercial rights for the still to launch Premier Handball League from the Handball Federation of India, Tuesday announced a Rs 2.4 billion investment commitment behind the game in India over the next five years. 
Sep 14, 2021 06:09
MOUNTAIN VIEW, Calif.: Intuit, the global technology platform that makes TurboTax, QuickBooks, Mint, and Credit Karma, Monday announced that it has agreed to acquire Mailchimp, the global customer engagement and marketing platform for growing small and mid-market businesses. 
Sep 10, 2021 08:09
NEW DELHI: Leading sportswear giant adidas launched its digital flagship store on Thursday to provide an enhanced innovation, state-of-the-art UI, and interface for consumers across the country.
Sep 10, 2021 08:09
MUMBAI: Japanese performance sportswear firm ASICS plans to add 18 stores to its sales network in 2022 expanding its footprints in India further along with a value-based growth of up to 25% by that time, a top company official has said. ASICS on Thursday also announced its commitment to nurturing young wrestling talent in India.
Sep 02, 2021 19:09
MUMBAI: The Hurun Research Institute Wednesday released the Hurun India Future Unicorn List 2021, a ranking of India’s start-ups founded in the 2000s, worth at least $200 million, not yet listed on a public exchange and most likely to ‘go unicorn’ within 2 years (Gazelles) or 4 years (Cheetahs).  The cut-off date was 31 August 2021.
Aug 31, 2021 16:08
MUMBAI: Gaming and sports media platform Nazara Technologies has acquired Hyderabad-based skill-based gaming company OpenPlay Technologies for Rs 1.8641 billion (Rs 186.41 crore).   
Aug 30, 2021 19:08
MUMBAI: Indian direct-to-consumer sports brand Elevar has raised Rs 190 million in a Series A round of funding, led by Kalaari Capital, with participation from Dream Capital (DreamCap), the corporate venture capital and M&A arm of Dream Sports. 
Aug 26, 2021 23:08
LONDON: US and UK streaming aggregator ScreenHits TV has formed its first joint venture partnership with former Sony Pictures Networks India CEO Kunal Dasgupta and EVP Vivek Gupta, who will lead the premium SVOD/AVOD content curator’s expansion in the world’s soon-to-be most populous nation. 
Aug 26, 2021 11:08
MUMBAI: Sporjo, an online education, training & employability startup focused on sports, Thursday announced that it has raised $2 million in a pre Series A round led by private investor Punit Balan, chairman Punit Balan Group & Punit Balan Studios, in participation with other private investors. 
Aug 25, 2021 19:08
KOLKATA: After months of foot-dragging, East Bengal officials announced Wednesday the signing of the final agreement of their joint venture with investor Shree Cement Ltd (SCL).