Investments

LONDON: UK-based telecommunications giant Vodafone has announced a five-year partnership with Wimbledon as Official Connectivity Partner of The Championships and The All England Lawn Tennis & Croquet Club.

While financial terms were not disclosed, UK's The Guardian reported it as a ‘multimillion pound’ deal.

Jan 14, 2022 16:01
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
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
PHILADELPHIA: Full-service sports marketing company Playfly Sports has announced the acquisition of sponsorship sales agency Premier Partnerships. 
Jan 11, 2022 17:01
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
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 07, 2022 21:01
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
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
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
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.
Jan 05, 2022 19:01
LONDON: Southampton Football Club on Tuesday confirmed that Sport Republic, which is backed by Serbian billionaire Dragan Solak, has completed the acquisition of a controlling stake in the Premier League club.