Investments

HYDERABAD: Chief national badminton team coach Pullela Gopichand is now donning a new hat – that of a co-founder of Hyderabad-based Matchday.ai, which developed a sport analytics platform using artificial intelligence.

Harsha Vardhan Kommana and Ganesh Yaprala are the other co-founders of Matchday.ai, which was set up in 2019.

The platform gives insights into shot accuracies, rate attacks and defense, court coverage, winners and errors, rally length, and also tells whether it is a forehand, a backhand or an overhead shot among others.

Jan 19, 2022 17:01
REDMOND, Wash.: Microsoft Corp. announced plans Tuesday to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher.  This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.
Jan 18, 2022 17:01
NEW DELHI: The Premier Handball League (PHL) on Tuesday announced Maharashtra Ironmen as the fourth team for the inaugural edition of the franchise-based league.  The team from Maharashtra is owned by Punit Balan of the Punit Balan Group.
Jan 18, 2022 17:01
MUMBAI: Sports media company Nazara Technologies has entered an agreement to acquire 55% controlling stake in programmatic advertising and monetisation company Datawrkz, for a total consideration of upto Rs 124 crore, valuing the company at Rs 255 cr.
Jan 17, 2022 18:01
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.