Business Intelligence

Sportz Interactive announces top management elevations

SportzPower Team

Jan 14, 2022 18:01

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MUMBAI: Sports focused content and technology company Sportz Interactive (SI) has announced Siddharth Raman as its new deputy chief executive officer while Sanket Sawkar will lead the development team as Group chief technology officer.

Sawkar, who will also continue in his role as chief operations officer, has been with Sportz Interactive since its inception in 2002, while Raman joined the company in 2017 as chief business officer.

Jan 14, 2022 16:01

Nodwin Gaming acquires 100% stake in Planet Superheroes

MUMBAI: Nazara Technologies on Thursday announced that its unit Nodwin Gaming has acquired 100% stake in licensed merchandising D2C company Planet Superheroes.

Jan 13, 2022 18:01

Indian gaming platform Rooter raises $25m in Series A funding

NEW DELHI: leading Indian game streaming and e-sports platform Rooter has raised $25 million (Rs 185 crore) in a Series A funding round led by Lightbox, March Gaming, and Duane Park Ventures. 9Unicorns, ADvantage, Capital-A, and Goal Ventures also participated in the round, along with existing investors, including IeAD Sports & Health Tech Partners.

Jan 11, 2022 17:01

Playfly Sports acquires Premier Partnerships

Playfly Sports acquires sponsorship sales agency Premier Partnerships

PHILADELPHIA: Full-service sports marketing company Playfly Sports has announced the acquisition of sponsorship sales agency Premier Partnerships.

Jan 11, 2022 17:01

Tencent to buy Xiaomi's BlackShark Gaming unit for $470m: Report

MUMBAI: A new report claims that the Chinese giant Tencent Games is about to acquire Xiaomi's BlackShark Gaming division in a deal worth approximately CNY 3 billion (a little over $470 million). Tencent Games is the world's largest gaming company with hits like PUBG: Mobile and Arena of Valor.

Jan 11, 2022 15:01

Discovery Inc invests in advanced TV ad company OpenAP

NEW YORK: OpenAP and Discovery, Inc. have announced that Discovery, Inc. will become a minority owner of OpenAP, the advanced advertising company that FOX, NBCUniversal and ViacomCBS have earlier invested in.

Jan 11, 2022 15:01

Electric push: Maserati returns to motorsport with Formula E

LONDON: Maserati has announced that it will join the ABB FIA Formula E World Championship from Season 9 with the debut of the Gen3, Formula E’s lightest, fastest and most powerful racing car yet.

Jan 07, 2022 21:01

Influencer mktng platform touts Neeraj Chopra as an investor

NEW DELHI: Influencer marketing platform One Impression, whuch has raise $1 million (about Rs 7.4 crore) from a clutch of investors, has publicly "listed" Olympic Gold medallist Neeraj Chopra as an investor.

Jan 07, 2022 20:01

The New York Times Co. to acquire 'The Athletic' for $550m

NEW YORK: The New York Times Company announced Thursday that it has entered into an agreement to acquire The Athletic, the global digital subscription-based sports media business that provides national and local coverage of more than 200 clubs and teams in the U.S. and around the world, for an all cash purchase price of $550 million, subject to customary closing adjustments.

Jan 07, 2022 18:01

US investment firm makes 2nd effort to enter T20 event arena

MUMBAI: Second time lucky? Leading US-based investment firm 27th Investments-backed 27th Sports have signed a long term exclusive commercial rights deal with the Road Safety World Series (RSWS) from the second edition onwards.

Jan 05, 2022 20:01

Rajasthan Utd refute report club withdrawing from I-League

MUMBAI: Rajasthan United FC Wednesday issued a statement refuting a report that said the club is all set to withdraw from the ongoing I-League 2021-22 owing to a lack of funds. Rajasthan United FC won the I-League qualifiers in October to qualify for the ongoing season (currently suspended) of the I-League.

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