Business Intelligence

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

SportzPower Team

May 01, 2024 20:05

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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.

Mar 21, 2024 18:03

UAE, Jindal Global Univ collab for 'padel tennis excellence'

The United Arab Emirates Embassy in India and OP Jindal Global University have forged a partnership to construct four state-of-the-art padel tennis courts on the university campus. This collaboration marks a significant step towards promoting padel tennis in India while providing world-class facilities for students and sports enthusiasts alike.

Mar 20, 2024 19:03

JPMorgan launches sports investment banking division

JPMorgan Chase is launching a sports investment banking group that will work with its investment banking, commercial banking and private banking divisions to provide advisory and investment opportunities to clients. The move to create a dedicated team follows a decision by Goldman Sachs six months ago to create a dedicated sports unit.

Mar 20, 2024 19:03

India sport audience base 678m; CSK most recalled IPL team: Study

MUMBAI: India’s estimated sports audience base is a staggering 678 million (67.8 crore), according to a new study. Cricket, football & kabaddi are the top 3 sports, with audience base of 612, 305 & 208 million respectively. These are some of the key findings published by media consulting firm Ormax Media, which Wednesday released its latest research report titled The Ormax Sports Audience Report: 2024.

Mar 20, 2024 19:03

Installs, sessions higher on streaming apps during IPL: Study

SINGAPORE: Ahead of the Indian Premier League 2024 kick-off, mobile marketing analytics platform Adjust and smart lock screen platform Glance have jointly presented "The Cricket Playbook for Growth Marketers".

Mar 19, 2024 20:03

India sport biz crosses Rs15kcr in '23; cricket dominance up: Study

MUMBAI: The sports business in India stood at Rs 15,766 crore ($1.9 billion approx) in 2023. Tellingly, cricket’s (read Indian Premier League in particular) share of this is 87 per cent, up from 85 per cent in 2022. All other other sports, including football, kabaddi, hockey, badminton, to name some prominent ones, account for the remaining 13 per cent.

Mar 19, 2024 20:03

Game Theory forges strategic partnership with Credence Family Office

BENGALURU: Sports tech company Game Theory has forged a strategic partnership with Credence Family Office, a leading multi-family office. The collaboration aims to accelerate Game Theory's expansion plans to bring its multi-sport facilities and immersive training platforms to more sports enthusiasts across Bengaluru.

Mar 19, 2024 19:03

IIM Indore, University of Liverpool jointly launch sports biz mgmt prgm

Indian Institute of Management (IIM) Indore has launched a Global Sports Business Management Programme in collaboration with the University of Liverpool. The institution has signed a Memorandum of Understanding (MoU). The agreement for this collaboration was signed by IIM Indore’s director, Professor Himanshu Rai, and Professor Julia Balogun, Dean of the University of Liverpool Management School.

Mar 15, 2024 21:03

UTT announces Ahmedabad SG Pipers as 8th team; Bhupathi CEO

MUMBAI: Ultimate Table Tennis (UTT) has added an eighth franchise to the league’s roster with the announcement of the SG Sports and Entertainment (SGSE) Pvt Ltd-owned unit that will represent Ahmedabad.

Mar 15, 2024 21:03

40%+ real-money gamers from India non-metro regions: Study

Highlighting the growing popularity of gaming in India, a study by social media firm Meta said nearly half of casual gamers and 43 per cent of real-money gamers come from non-metro geographies. A study by Meta GWI showed that more than three of four casual and real-money gamers in the country discover new games to play and purchase on social media, and more than 90 per cent of these do so on Meta platforms.

Mar 15, 2024 20:03

Sports mktg agency Two Circles acquires Let It Fly Media

Global sports marketing agency Two Circles has acquired Let It Fly Media, a US-based video production and content shop. The move enhances Two Circles’ global capabilities, supported by Let It Fly Media’s expertise in creating high-quality, impactful sports marketing content. As part of this acquisition, Let It Fly Media will now be officially known as Two Circles.

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