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.

Aug 23, 2021 19:08
THE WORST CASE SCENARIO THAT LOVERS OF Kolkata's SC East Bengal, which turned 100 two years ago, is now a reality with new investors Shree Cement ending all dealings with the iconic football club's intransigent management committee.
Aug 23, 2021 13:08
MUMBAI: Taliban leader Anas Haqqani met Afghanistan national cricket team captain Hashmatullah Shahidi on Saturday where he affirmed that the new fundamentalist regime  that is now running the strife-torn country would continue to support the game.  
Aug 19, 2021 06:08
NEW YORK: WHP Global (WHP) and Lotto Sport Italia S.p.A. (LSI) Wednesday announced a transaction that will provide new financial investments for LSI and for the future of the Lotto brand globally. 
Aug 18, 2021 21:08
NEW YORK: Sportradar Group AG, a global provider of sports betting and entertainment products, filed for an initial public offering in the US on Tuesday. The Swiss-based betting and sports data firm filed its listing with the US Securities and Exchange Commission, with an offering size of $100 million.
Aug 18, 2021 17:08
BENGALURU: Walmart-owned Flipkart has partnered with HRX, co-owned by actor Hrithik Roshan, to launch a range of sports and fitness equipment for home workouts.  The HRX sports and fitness equipment range is a carefully curated array of products designed keeping in mind the needs of 'active fitness enthusiasts', a statement said.
Aug 18, 2021 17:08
HERZOGENAURACH: adidas AG has entered into a definitive agreement to sell its underperforming Reebok business to US-headquarterd Authentic Brands Group Inc. (ABG) for a total consideration of up to € 2.1 billion ($2.5 billion), with the majority to be paid in cash at closing of the transaction and the remainder comprised of deferred and contingent consideration.
Aug 18, 2021 08:08
KOLKATA: The ball is now definitively in the court of the top legacy officials from East Bengal, with the confirmation Monday that the storied Kolkata club had received the final agreement from principal investors Shree Cement.  
Aug 18, 2021 06:08
MUMBAI: Zupee, an Indian online skill-based gaming platform, has reportedly closed a $30m Series B funding round at a $500 million+ valuation. The round was co-led by WestCap Group and Tomales Bay Capital, with participation from Matrix Partners India. The company intends to use the funds to scale efforts through expansion of product portfolio and market reach and hiring of global talent.
Aug 16, 2021 19:08
NEW DELHI: India’s first-ever franchise-based Esports league, the Esports Premier League (ESPL) has finalised the top eight teams as the ultimate face off in the inaugural edition of the nation-wide Esports league began Monday, August 16.  State ministers from seven regions launched their respective franchise team names, logos, and jerseys. 
Aug 16, 2021 16:08
NEW DELHI: With the aim to provide commercial viability and a complete makeover to Indian handball, the Premier Handball League, exclusively licensed by Bluesport Entertainment Pvt Ltd under the aegis of Handball Federation of India (HFI), announced Garvit Gujarat as the first franchise team of inaugural edition of the PHL.