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.

Oct 28, 2021 07:10
MUMBAI: RPSG Group chairman Sanjiv Goenka has defended the mammoth Rs 7090 crore purchase price to secure the Lucknow franchise in the Indian Premier League, the general industry sentiment that his company overbid massively notwithstanding.
Oct 27, 2021 20:10
MUMBAI: This is interesting. A pointer, if any were needed, to the challenges international conglomerates must perforce confront in this market. More so when considering investing in cricket - not just India's national game but also one that in this country is intrinsically intertwined with political power plays.
Oct 26, 2021 19:10
MUMBAI: Jackpot! That about sums up the sentiment that would be running amok as it were among the "Original 8" team owners of the BIGGEST show in world cricket - the Indian Premier League. 
Oct 26, 2021 15:10
MUMBAI: Dubai-based Group IPG and Redstrike have announced the establishment of a joint venture to further expand their working relationship with the aim of strengthening their combined resources to grow sports rights globally, deliver 360 degree media productions and develop emerging sports in South-East Asia.  
Oct 25, 2021 17:10
DUBAI: And the winners are - Irelia Company Pte Ltd. (CVC Capital Partners) takes Ahmedabad, while Lucknow goes to RPSG Ventures Ltd.   And the price committed? CVC Capital has committed Rs 5,625 crores ($750m), while RPSG has won Lucknow with a mind-boggling bid of Rs 7,090 crores ($945m). 
Oct 22, 2021 16:10
MUMBAI: And... All bets are on the two new Indian Premier League franchises being based out of Ahmedabad and Lucknow respectively. Surprise? Not at all. But this "revelation" was provided to NDTV on Friday by sources close to the bidding-process. Fact is, the only real surprise for most in the industry will be if the two new teams are NOT based out of these two cities. 
Oct 22, 2021 13:10
NEW YORK: Multi-platinum GRAMMY & Golden Globe nominated recording artist and PFL investor Wiz Khalifa has released his new original song, "Million Dollar Moment," for the Professional Fighters League ahead of the 2021 PFL World Championship taking place on Wednesday, October 27.
Oct 21, 2021 08:10
MUMBAI: This is the best endorsement yet for BCCI's upcoming announcement of the two entities that will own and operate the two new Indian Premier League franchises that will compete in the IPL from the 2022 season on. The Glazer family, which owns English Premier League giants Manchester United, have reportedly picked up the Invitation To Tender (ITT) document floated recently by the Indian cricket board.
Oct 19, 2021 19:10
HONG KONG: China's Fosun Sports Group, which owns English Premier League club Wolverhampton Wanderers, Tuesday announced the formal establishment of Fosun Sports as a holding entity, and the acquisition of core operating assets and management team of Foyo, in games, esports and sports. 
Oct 18, 2021 18:10
MUMBAI: The timing is rather convenient. More so as it comes two days ahead of the 20 October deadline (last date extended a second time) set by the BCCI to place bids for one of two new Indian Premier League franchises that will debut in the 2022 season of the IPL.