Business Intelligence

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

SportzPower Team

May 01, 2024 20:05

Read more about Esports media platform TalkEsport raises $1m pre-series A funding
Log in to post comments

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 01, 2024 19:05

Amer Sports ENVE Composites PV3 Investments

Amer Sports sells ENVE Composites to PV3 Investments

Amer Sports, parent company of Enve Composites, announced Tuesday that the Enve brand has been acquired by PV3, a Utah-based private investment firm. ENVE Composites was founded in 2007 as Edge Composites, changing its name to ENVE Composites in 2010. It is one of a small number of cycling brands to manufacture wheels, components, and bikes in the United States. Amer Sports acquired ENVE in 2016 for $50 million.

Apr 30, 2024 21:04

‘Drone soccer’ launches in India; targets Nov for league debut

In a groundbreaking development, "drone soccer" made its official debut in India. Combining the thrill of aerial robotics with the competitive spirit of soccer, this innovative sport promises to revolutionize the landscape of recreational and professional gaming alike.

Apr 30, 2024 20:04

Special Olympics Bharat appoints VK Mahendru as executive director

NEW DELHI: Special Olympics Bharat has appointed former ONGC executive director V.K. Mahendru as its executive director. In his new role, Mahendru will oversee all aspects of the organisation and management, while also serving as a mentor.

Apr 26, 2024 20:04

After 39 games, 96 new brands present in IPL 2024: TAM Sports

MUMBAI: TAM Sports has released the TAM Sports - IPL 17 Advertising Update 5, which has analysed data from the first 39 games of this year's 17th edition of the Tata Indian Premier League, and for all the channels on which matches were telecast, and how it compares with IPL 16.

Apr 25, 2024 13:04

JioCinema debuts 'premium' subscription service at Rs29 p.m.

Reliance's digital streaming platform has just thrown down another gauntlet at its international rivals. After streaming the Indian Premier League and a number of award-winning entertainment offering, mostly for free, JioCinema has announced its new subscription offering, ‘JioCinema Premium’ at a price point that is expected to cause massive market disruption.

Apr 24, 2024 20:04

JD Sports steps up US push with $1.1bn Hibbett acquisition

British sportswear retailer JD Sports Fashion Plc has entered into a definitive agreement to wholly acquire “highly complementary” US sports apparel and equipment retailer Hibbett, Inc. to speed up its US expansion and enhance its presence in “the world’s biggest and most attractive sportswear market”.

Apr 24, 2024 19:04

Strava names new chief product officer & chief technology officer

SAN FRANCISCO: Strava, the leading digital community for active people with more than 125 million athletes, Wednesday announced the hiring of two new executives to its executive team: Matt Salazar, as chief product officer, and Rob Terrell, as chief technology officer.

Apr 23, 2024 21:04

Sports, digital to drive Viacom18 revenue for 'foreseeable future'

Revenues at Viacom18, the media arm of Mukesh Ambani’s Reliance Industries Limited (RIL), grew by 49% for the 2023-24 financial year on the back of sports and news. The company’s revenues reached Rs 10,826 crore ($1.3 billion) in FY24 as compared to Rs 7,266 crore ($872m) in FY23. Per the company’s statement, sports was the biggest driver of revenue growth for Viacom18.

Apr 23, 2024 21:04

Banijay Asia, Sporting Beyond announce strategic partnership

Deepak Dhar’s Banijay Asia (a joint venture between him and Banijay), and Ravi Shastri’s Sporting Beyond (founded by Ravi Shastri and Jaiveer Panwar), have announced a strategic partnership aimed at redefining the landscape of cricket entertainment through content and live events.

Apr 23, 2024 21:04

Novak Djokovic Laureus World Sportsman of the Year 2024

Nole is Laureus world sportsman; Spanish women among top winners

Novak Djokovic, Aitana Bonmatí, Jude Bellingham and Simone Biles were among the big winners in Madrid on Sunday night, as Spain was at the centre of world sport with an unrivalled collection of sport’s greatest talents celebrating the 2024 Laureus World Sports Awards.

Subscribe to Business Intelligence