Investments

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.

May 15, 2019 17:05
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
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
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
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
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
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.
Apr 04, 2019 15:04
PALM BEACH GARDENS, Fla.: The PGA of America has acquired Nextgengolf, to enhance player development programming that is designed to grow the game across emerging generations.  
Apr 04, 2019 14:04
MUMBAI: Overall sports sponsorship in India saw a healthy growth of 12% in 2018 as against 14.1% in 2017, a report released by ESP properties - the entertainment and sports division of GroupM - avers. Sports advertising grew to Rs 77.62 billion.
Mar 30, 2019 13:03
PARIS: LFP, the governing body of football in France, has made a strong pitch for Indian investment in football in the country in leagues such as the Ligue 1 on the lines of what Chinese firms have done. The development comes days after Ligue 1 champions Paris Saint Germain expressed a strong interest in investing in the Indian market.
Mar 28, 2019 14:03
MUMBAI: GamingMonk, the Delhi-based firm which organises some of India’s biggest offline eSports events across eight cities in India, has raised $100,000 from one of Japan’s leading gaming websites, GameWith. The investment will be used for product development, team building and brand marketing.