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.

Sep 29, 2021 04:09
LOS ANGELES: Leading entertainment and sports agency Creative Artists Agency (CAA) announced Monday the execution of a definitive agreement to acquire ICM Partners (ICM), one of the world’s premier entertainment and sports agencies, to drive broader and more inclusive representation as their clients, their work, and their brands shape culture.
Sep 24, 2021 10:09
MUMBAI: The board of directors of ZEE Entertainment Enterprises Limited present and voting in its board meeting held on 21st September, unanimously provided in-principle approval for the merger between Sony Pictures Networks India and ZEEL.  
Sep 23, 2021 14:09
32%! THAT IS HOW MUCH THE SHARES OF ZEE Entertainment Enterprises Ltd (ZEEL) zoomed Wednesday after the Indian media major announced a merger with Sony Pictures Networks India (SPNI). On the Bombay Stock Exchange (BSE), the ZEEL stock jumped to its 52-week high of Rs 337.10.
Sep 22, 2021 14:09
MUMBAI: Sony Pictures Networks India (SPN) and Zee Entertainment Enterprises Ltd. (ZEEL) Wednesday announced that they have entered into an exclusive, non-binding Term Sheet to combine both companies’ linear networks, digital assets, production operations and program libraries.
Sep 21, 2021 18:09
PARIS: Sorare, the fantasy football platform and marketplace for nonfungible token (NFT) trading cards, announced Tuesday that it has raised $680 million in Series B financing led by Japanese fintech giant SoftBank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree; and existing investors Benchmark, Accel and Headline.
Sep 21, 2021 17:09
SENTOSA, Singapore: The 2022 Saudi International powered by SoftBank Investment Advisers will mark the start of an historic chapter in golf, as the prestigious event becomes sanctioned by the Asian Tour as part of a new 10-year partnership.
Sep 16, 2021 15:09
BENGALURU: Mobile Premier League, Asia’s largest esports and skill gaming platform, has reportedly raised $150 million in a Series E round of funding led by Legatum Capital at a pre-money valuation of $2.3 billion. This makes made it India's second gaming unicorn valued at over $1 billion after Dream11.
Sep 16, 2021 13:09
MUMBAI: Hyperice, a global high-performance wellness brand specializing in percussion, dynamic air compression, vibration, thermal technology, mind technology, and contrast therapy, Thursday announced Indian cricketer Virat Kohli as a Hyperice athlete-investor and new brand ambassador. 
Sep 16, 2021 08:09
NEW YORK: Swiss running shoe company On Holding, which boasts tennis icon Roger Federer as a stakeholder, debuted on the New York Stock Exchange on Wednesday, selling 31.1 million shares in its initial public offering and raising $746.4 million on Day 1 of its listing.    
Sep 16, 2021 08:09
HYDERABAD: After a two-year hiatus, top level volleyball action will return to Indian screens with the launch of the Prime Volleyball League.