Investments

Nov 20, 2020 12:11
COLOMBO: Rahul Sood, a Seattle-based tech entrepreneur and founder of Microsoft Ventures, has joined the ownership group of Jaffna Stallions franchise in the Lanka Premier League (LPL), the team announced Thursday.
Nov 19, 2020 16:11
MUNICH: Deltatre and DFL Deutsche Fußball Liga have extended their Sportec Solutions collaboration and will now bring its offering to the international market.  As part of a renewed agreement, the sports and entertainment technology provider has also taken the majority shareholding in Sportec Solutions, the independent joint venture between Deltatre and the DFL.
Nov 18, 2020 18:11
MUMBAI: Online fantasy gaming platform PlayerzPot announced on Tuesday that it had raised $3 million in a Series A funding round. The brand plans to utilize the money raised to further expand its verticals, introducing various innovative concepts to enhance user experience, make advancements in random mission generator (RMG) and overall brand building.
Nov 18, 2020 15:11
LAS VEGAS: Tekkorp Digital Acquisition Corp., a special-purpose acquisition company backed by Tekkorp Capital LLC, has filed for a $250 million initial public offering on the Nasdaq. 
Nov 06, 2020 17:11
MUMBAI: From gaming to fashion. It has been a busy week for Walmart-owned Flipkart on the acquisitions front. The e-commerce giant announced on Thursday that it has bought an equity stake in fashion brand Universal Sportsbiz Pvt. Ltd. (USPL), as it looks to strengthen its fashion portfolio.
Nov 04, 2020 17:11
BENGALURU: Walmart-owned Flipkart, which had first invested in social gaming startup Mech Mocha in its early-stage round in 2015, on Tuesday announced the acquisition of its gaming team and intellectual property (IP) for an undisclosed amount. 
Nov 03, 2020 20:11
LONDON: Formula E Tuesday announced that it has become a minority shareholder in Extreme E - the radical new off-road motorsport championship which will see electric SUVs competing in remote ecosystems around the world.
Oct 30, 2020 17:10
NEW DELHI: Former Indian all-rounder and World Cup winner Yuvraj Singh has invested in India’s first full-stack nutrition brand, Wellversed. The all-rounder will also come on board as brand ambassador for 3 years and will be closely working with the founding team to scale the business. With this round of funding, the nutrition-based healthcare startup has achieved a valuation of close to Rs 1 billion. 
Oct 28, 2020 11:10
CARLSBAD, Calif.: Callaway Golf Co. and Topgolf Entertainment Group Tuesday announced that the companies have entered into a definitive merger agreement. 
Oct 27, 2020 20:10
MUMBAI: French esport organization Team Vitality has confirmed plans to expand into India Monday via a post on their new country specific Instagram handle. It was in December 2019 that the organisation's chief marketing officer Florent Gutierrez had first indicated to popular Indian YouTuber Rawknee about their plans to enter the Indian market.