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. 

May 25, 2019 13:05
Hype Capital logo
Sports tech fund has ex-adidas honchos on board
LONDON: HYPE is ready to unleash the "next unicorns of sports innovation" with the launch of a $75 million capital fund with Uli Becker, ex-president of Reebok and Bernd Wahler, former president of VfB Stuttgart who also served as Adidas CMO.
May 24, 2019 16:05
Wenger joins PlayerMaker as operating partner, investor
LONDON: Leading international football-tech company PlayerMaker Thursday announced that former Arsenal football manager Arsène Wenger will be joining as an investor and operating partner.
May 22, 2019 10:05
GroupM ups Prasanth Kumar to South Asia CEO
MUMBAI: GroupM Asia Pacific has promoted GroupM South Asia COO Prasanth Kumar (PK), to CEO.
May 20, 2019 17:05
Barbados Tridents Jason Holder
Tridents have new ownership team in place of Mallyya
BRIDETOWN, Barbados: Following the exit of fugitive Indian businessman Vijay Mallya, the Barbados Tridents have a new ownership team in place who have taken over the running of the franchise with immediate effect. The USA-based CMG Companies (CMG) leads a team of local and international investors in the acquisition of the cricket franchise in Barbados.
May 15, 2019 17:05
Yuzvendra Chahal invests in lifestyle brand CheQmate
GURUGRAM: Indian cricketer Yuzvendra Chahal in association with Indian sports and entertainment management company High Times Solutions (HTS), unveiled lifestyle brand CheQmate at the World Cup send-off ceremony here.
May 02, 2019 13:05
Harsha Bhogle invests in fintech start-up
MUMBAI: Noted cricket commentator Harsha Bhogle has invested in fintech start-up ChqBook.com, a curated marketplace for AI-based personalised financial services. Bhogle has invested an undisclosed amount in the Gurugram-based start-up that allows customers to explore, compare, and buy personal finance products such as personal loans, home loans, and credit cards.
Apr 25, 2019 15:04
EPL stars invest in STATSports
LONDON: STATSports has divested an undisclosed stake to Raheem Sterling and Alex Oxlade-Chamberlain in a cash-come-sweat equity deal that reportedly involved the two Premier League stars investing over £1 million ($1.3 million) each in the global leader in wearable tech and performance analysis tracking equipment and software.
Apr 24, 2019 16:04
MPL Seria A funding
Mobile Premier League raises $35.5m in Series A funding
MUMBAI: Mobile Premier League (MPL) has announced a Series A investment of $35.5 million, led by Sequoia India, Times Internet, and GoVentures with participation from other investors, including RTP Global, BeeNext, Base Growth, and Venture Highway. The funds will enable the newly launched mobile gaming platform to invest in product and user growth in India.
Apr 09, 2019 11:04
Dream11 logo
Steadview Capital investment marks Dream11 entry into unicorn club
MUMBAI: Dream11, India’s biggest fantasy sports platform, Tuesday announced the completion of a secondary investment by Hong Kong and London-based Steadview Capital, an Asia-focused alternative asset manager. This investment marks Dream11’s entry into the unicorn club as the first Indian gaming company to achieve this milestone.
Apr 08, 2019 09:04
Abhinav Bindra Foundation centre
Bindra foundation's role in India sport dev lauded
LAUSANNE, Switzerland: As one of the best shooters of his generation, Abhinav Bindra became, at Beijing 2008, the first Indian athlete to win an individual Olympic Gold medal, and has won multiple medals at both the Commonwealth Games and the Asian Games.
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