Investments

Sony, Natekar Sports to invest $10m+ in World Pickleball League

SportzPower Team
May 09, 2024 21:05

MUMBAI: India’s growing reputation as a potential racquet sports hub is all set to get a massive boost with the launch of the World Pickleball League (WPBL), the first-ever professional pickleball league, envisaged by Natekar Sports and Gaming (NSG) and Sony Entertainment Talent Ventures India (SETVI).

NSG, is a company promoted by ‘former Davis Cup star and Arjuna Awardee Gaurav Natekar and his wife, ‘Arati Ponnappa Natekar, also a former India #1 in Tennis. SETVI is a joint venture between Sony Music Entertainment and Sony Pictures Entertainment.

Jan 18, 2022 17:01
Premier Handball League logo
Serial sports ecosystem investor buys Premier Handball League team
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
Nazara Technologies logo
Nazara Technologies to acquire 55% stake in ad-tech firm Datawrkz
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
Vodafone logo
Vodafone nets 5-yr deal as Wimbledon 'Connectivity Partner'
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
NODWIN Gaming
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
Rooter logo
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 Games logo
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 OpenAP combo logo
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 07, 2022 21:01
Neeraj Chopra Gold Tokyo 2020
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 The Athletic
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.
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