Investments

Agilitas acquires exclusive rights for Lotto brand in India, Oz, SA

SportzPower Team
Apr 19, 2024 20:04

Indian sports and athleisure company Agilitas Sports has acquired exclusive licensing rights to design, manufacture, and distribute Italian shoe brand Lotto in India, Australia, and soon South Africa for a period of 40 years for an undisclosed fee.

Agilitas Sports, which acquired the rights from WHP Global, is co-founded by former PUMA India and South-East Asia managing director Abhishek Ganguly. 

Apr 18, 2024 20:04
LightFury Games Karan Shroff
Gaming start-up LightFury secures $8.5m seed funding
LightFury Games, a gaming startup launched by Karan Shroff, former chief marketing officer of Unacademy, has secured $8.5 million in its seed funding round led by Blume Ventures, MIXI,Gemba Capital, and Angels, with participation from other investors such as Cred’s Kunal Shah, and Unacademy’s Gaurav Munjal.
Apr 18, 2024 20:04
Circle of Games
Circle of Games raises $1m from Nazara, Hashgraph Association
Circle of Games, a Web3 multi-gaming platform, announced Tuesday that it has raised $1 million funding from Nazara Technologies and The Hashgraph Association, in an indication of a potential revival in the Web3 gaming space.
Apr 18, 2024 20:04
Shikhar Dhawan Svish
Dhawan investor, ambassador of men’s grooming brand Svish
Svish, a D2C brand in men’s grooming and hygiene, announces its collaboration with Indian cricketer Shikhar Dhawan. Dhawan is investing in Svish and also assuming the role of brand ambassador, to bring in a unique blend of passion and influence to the brand's journey ahead.
Apr 16, 2024 18:04
Bengal Pro T20 League
Bengal Pro T20 League: Shrachi Group, Servotech bag franchise rights
The Cricket Association of Bengal announced the names of Shrachi Sports Ventures LLP and Servotech Power Systems Limited as two of the eight Franchise Owners of the forthcoming BengalPro T20 League to be played in June this year, immediately after the IPL for both men and women.
Apr 15, 2024 20:04
CVC Capital Partners
Gujarat Titans owner CVC Capital Partners set to launch IPO
Global buyout firm CVC Capital Partners, the owner of IPL franchise Gujarat Titans, Monday announced plans to launch an initial public offering "in the coming weeks" and list on Euronext Amsterdam. The IPO is expected to raise a minimum of €1.25 billion, with €250m coming from a mix of new shares as well as the sale of shares by existing shareholders.
Apr 09, 2024 19:04
Omaxe logo
Omaxe arm to build Rs1500cr multi-sports facility in Delhi
Delhi-based Omaxe Ltd announced Monday that the realty firm's wholly owned subsidiary and SPV - Worldstreet Sports Center - will be developing India's first integrated multi sports facility consisting of an international cricket and football stadium, an indoor stadium along with a retail and hospitality hub spread across an area of 50.40 acres in Delhi's Dwarka area for around Rs 1,500 crore ($180 million). 
Apr 09, 2024 19:04
KPS Capital Partners Sport Group
KPS Capital Partners to acquire AstroTurf maker Sport Group
NEW YORK: KPS Capital Partners, through a newly formed affiliate, has signed a definitive agreement to acquire Sport Group TopCo GmbH, including the AstroTurf, Polytan, Rekortan and Laykold brands. Completion of the transaction is expected in the second quarter of 2024 and is subject to customary closing conditions and approvals. 
Apr 04, 2024 19:04
Centre Court Capital gaming, sports tech fund
Centre Court Capital debuts Rs350cr gaming, sports tech fund
Centre Court Capital (CCC), a sports-focused venture capital fund, announced the launch of its maiden Rs 350 crore ($42m) fund on Thursday, of which it has already secured Rs 200 crore in commitments from marquee domestic investors and top athletes.
Apr 03, 2024 19:04
Endeavor TKO Silver Lake
Silver Lake to take Endeavor private at $13bn valuation
Private equity firm Silver Lake, the largest investor in Endeavor Group Holdings, Tuesday announced a definitive agreement to take the global sports and entertainment company private at an equity value of $13 billion.  Under the terms of the agreement, Silver Lake will acquire 100% of the outstanding shares it does not already own, other than rolled interests. 
Apr 03, 2024 19:04
Chennaiyin FC Norwich City FC
Chennaiyin FC inks football dev partnership with Norwich City
CHENNAI: Indian Super League  franchise Chennaiyin FC and English club Norwich City FC Wednesday announced a strategic partnership aimed at fostering mutual growth, innovation, and collaboration in football.
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