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 04, 2020 20:09
MUMBAI: The prevalant talk that East Bengal, in the wake of getting on board a controlling investor in Shree Cement, would be joining the Hero Indian Super League from the upcoming season itself, can be taken as good as confirmed now. ISL organisers Football Sports Development Limited have invited bids from 'interested parties' to add a team in the upcoming ISL season. 
Sep 04, 2020 17:09
LONDON: City Football Group has announced that Espérance Sportive Troyes Aube Champagne (ESTAC), in France’s Ligue 2, has become its tenth club, following DNCG review of the acquisition.  This marks Abu Dhabi-owned CFG’s continued investment and expansion into global football and its strategy to develop clubs, players and academies and share knowledge across them.
Sep 03, 2020 20:09
MUMBAI: East Bengal FC, one of the "Big 2" legacy clubs of Indian football, has FINALLY found an investor in Kolkata-based Shree Cement, which would be taking an 80% (or thereabouts) stake in the storied institution on its 100th anniversary.
Sep 02, 2020 20:09
KOLKATA: After months of (often wild) speculations, storied football club East Bengal FC confirmed on Wednesday that it has roped in a new investor in Kolkata-based Shree Cement. Shree Cement is owned by the Bangur Group, one of the renowned business groups in the city. 
Sep 02, 2020 19:09
BENGALURU: Unacademy, India’s leading learning platform, has raised an investment of $150 million in a round led by SoftBank Vision Fund 2i. Existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook, and Blume Ventures also participated in the round. The latest funding round values Unacademy at $1.45 billion.
Sep 02, 2020 18:09
DUBLIN, Ireland: World Rugby has announced details of a rugby sevens investment strategy to optimise the sport’s preparation for, and participation at, the Tokyo 2020 Olympic Games, now scheduled for July 2021.
Sep 01, 2020 17:09
NEW DELHI: The Australian government has appointed former cricketer Matthew Hayden and Indian-origin politician Lisa Singh as trade envoys for advancing business ties with India. 
Aug 24, 2020 18:08
KOCHI: Following a successful foray into football with Kerala Blasters Football Club (KBFC), Blasters Sports Ventures Private Limited (BSVPL), the parent company of KBFC has announced its venture into volleyball with the ‘Radnicki Blasters’. 
Aug 21, 2020 16:08
GROVE, England: Williams Racing has been acquired by US-based private investment firm Dorilton Capital, bringing a successful conclusion to the Strategic Review which was launched in late May. 
Aug 19, 2020 14:08
NEW DELHI: Deloitte Touche Tohmatsu India LLP (Deloitte) on Tuesday announced the acquisition of Spatial Access, a leading specialised advertising and marketing advisory and analytics firm. The move will augment Deloitte's advisory capabilities and enable brands to make more efficient advertising and marketing decisions.