Investments

Esports media platform TalkEsport raises $1m pre-series A funding

Last updated : May 02, 2024 18:05

SportzPower Team

May 01, 2024 20:05

Read more about Esports media platform TalkEsport raises $1m pre-series A funding
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MUMBAI: Esports media platform TalkEsport announced Wednesday the successful closure of its pre-series A funding round, securing an investment of $1 million from Saswat Ventures.

The investment underscores TalkEsport’s robust growth trajectory and reaffirms its position as a pioneering force in the esports industry.

Jun 25, 2021 16:06

Global ad spending forecast to surge in 2021; India at 11%

NEW YORK: Global advertising spending is forecast to grow by $78bn in 2021 (+14%) to $657 billion, a new all-time high, following a decline of -2.5% in 2020. The marketplace will continue to grow in 2022 (+7%).

Jun 24, 2021 20:06

EA acquires 'Golf Clash' creator Playdemic for $1.4bn

REDWOOD CITY, Calif.: Electronic Arts and WarnerMedia Thursday announced the sale of Warner Bros. Games’ Playdemic, Ltd., the mobile games studio responsible for Golf Clash,to EA. Under the terms of the agreement, EA will acquire Playdemic for $1.4 billion in cash.

Jun 24, 2021 18:06

US pvt investment firm takes 15% stake in RR at $250m valuation

MUMBAI: US private investment firm RedBird Capital Partners announced Thursday that it has acquired a 15% stake in Emerging Media Sporting Holding Ltd, the parent company that owns and operates Indian Premier League franchise Rajasthan Royals. According to UK's Financial Times, the 15% stake offload to RedBird Capital values the IPL franchise at $250 million (Rs 18.538 billion).

Jun 22, 2021 18:06

Home fitness startup Portl raises seed capital from Kalaari

HYDERABAD: Home fitness and wellness startup Portl has raised an undisclosed amount in its seed round of funding from Kalaari Capital. Portl is a fully integrated, multi-functional, smart fitness health system. The Hyderabad-based startup has developed two products using the proprietary Portl Smart Mirror platform that provides a wide range of personalised workouts, nutrition and mental wellness programmes.

Jun 22, 2021 18:06

Baseline launches Prime Volleyball League; VFI not in frame

MUMBAI: After a two-year gap, the best volleyball players in the country and a host of international stars are set to again turn out for a franchise based professional volleyball league - with a difference though.

Jun 21, 2021 16:06

Zee Entertainment refutes reports of merger with Viacom18

MUMBAI: Responding to news reports about a potential merger of Viacom18 and Zee Entertainment Enterprises Limited through a share swap deal, Zee Entertainment said in a regulatory filing, "We herewith confirm that there is no such transaction being undertaken and the matter is speculative in nature."

Jun 21, 2021 08:06

Wasim Akram Leads Pakistan’s NFT Revolution

Wasim Akram to launch limited-edition NFTs on new platform

KARACHI: BitBlaze has announced the launch of an exclusive limited-edition collection of Non-Fungible Tokens (NFTs) featuring cricket heroes from Pakistan, including the legendary Wasim Akram.

Jun 18, 2021 11:06

Nazara Tech to acquire majority stake in Publishme for $2.7m

MUMBAI: Nazara Technologies on Thursday announced it will acquire 69.82% stake in Publishme, the largest mobile game publishing agency in the Middle East and Turkey, for $ 2.7 million (about Rs 200 million) - a move that will help the Indian gaming major strengthen its presence in the region.

Jun 16, 2021 18:06

ESPL signs Tiger Shroff; buyers on board for Hyderabad team

NEW DELHI: The B-Town heart-throb Tiger Shroff is all set to don a new hat as the brand ambassador for India’s first-ever franchise-based Esports league, Esports Premier League. ESPL kicks off on June 16th powered by Infinix smartphone as the presenting sponsor.

Jun 16, 2021 17:06

LaLiga-NBA complex in Madrid enters final stage construction

MADRID: LaLiga, NBA and T3N Sport & Investment, accompanied by regional and local officials, have unveiled ESC MADRID, the sports and education complex where the two professional leagues will coexist in Madrid. It has recently entered the final stage of construction and is expected to be completed in 2022.

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