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Sony, Natekar Sports to invest $10m+ in World Pickleball League

Last updated : May 10, 2024 19:05

SportzPower Team

May 09, 2024 21:05

Read more about Sony, Natekar Sports to invest $10m+ in World Pickleball League
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MUMBAI: India’s growing reputation as a potential racquet sports hub is all set to get a massive boost with the launch of the World Pickleball League (WPBL), the first-ever professional pickleball league, envisaged by Natekar Sports and Gaming (NSG) and Sony Entertainment Talent Ventures India (SETVI).

NSG, is a company promoted by ‘former Davis Cup star and Arjuna Awardee Gaurav Natekar and his wife, ‘Arati Ponnappa Natekar, also a former India #1 in Tennis. SETVI is a joint venture between Sony Music Entertainment and Sony Pictures Entertainment.

Jan 27, 2021 13:01

NFL franchise San Francisco 49ers ups stake in Leeds Utd to 37%

LONDON: Leeds United Football Club and the San Francisco 49ers – led by chairman Andrea Radrizzani and CEO Jed York, respectively – have announced a new investment by an entity affiliated with the 49ers, bringing the total minority ownership stake in Leeds United managed by 49ers Enterprises to 37%.

Jan 27, 2021 12:01

RIL brings all former IMG-R properties under new brand

MUMBAI: Reliance Industries Ltd. announced Wednesday the rebranding of its sports & lifestyle business to ‘RISE Worldwide Limited’ as it independently ventures into the burgeoning industry in India and globally. RISE Worldwide will continue to drive the full portfolio of owned and operated brand properties formerly under the banner of IMG-Reliance Limited.

Jan 22, 2021 13:01

Zomato acquires full-stack sports startup Fitso: Report

MUMBAI: Foodtech major Zomato, which has been in talks to acquire full-stack sports platform Fitso since September, has reportedly closed the deal for a 100% stake in the Gurugram-based company at a price of Rs 800 million to Rs 1 billion. This is the first acquisition by Zomato it bought out UberEats in January 2020.

Jan 20, 2021 17:01

MGM Resorts withdraws $11bn offer to buy Entain

LAS VEGAS: MGM Resorts International announced Tuesday it had rescinded its offer to buy Ladbrokes-owner Entain plc, saying it does not intend to submit a revised proposal for the British firm that snubbed an $11 billion takeover approach earlier this month.

Jan 20, 2021 16:01

World Poker Tour sold to private equity firm for $78.25m

IRVINE, Calif.: Allied Esports Entertainment, Inc., a global esports entertainment company, and Element Partners, LLC, a privately-held investment vehicle, have announced a definitive agreement under which Element will acquire the company’s poker-related business and assets, including the entities comprising the World Poker Tour (WPT).

Jan 18, 2021 12:01

Nazara Technologies becomes 1st Indian gaming major to file IPO

MUMBAI: Nazara Technologies has become the first Indian gaming technology company to seek a market debut, having filed initial public offering documents with the market regulators on Friday.

Jan 15, 2021 14:01

EMIPL ups shareholding in RR to 50%+ , Fordham named grp CEO

NEW DELHI: Indian Premier League franchise Rajasthan Royals on Friday announced that their lead investor, Emerging Media IPL Limited (EMIPL), has increased its shareholding to over 50% in the IPL cricket franchise. EMIPL, which is owned and 100 per cent controlled by Manoj Badale, has successfully concluded an equity fundraise for this purpose.

Jan 15, 2021 12:01

Multi-yr deal With G2 Esports: adidas deepens gaming engagement

BERLIN-BASED ESPORTS ORGANISATION G2 Esports announced Thursday a new partnership with global sportswear brand adidas. Financial terms of the multi-year deal, which sees adidas as G2's official sports apparel provider, were not disclosed.

Jan 14, 2021 10:01

James Murdoch's Lupa Systems teams up with Uday Shankar

MUMBAI: Lupa Systems CEO James Murdoch and Uday Shankar, the former chairman and CEO of Star India and president of Walt Disney Asia Pacific, announced Thursday that they are forming a new venture to explore technology and media opportunities in emerging markets.

Jan 13, 2021 17:01

Club Bolivar is City Football Group's first partner club

LONDON: Bolivia's largest club, Club Bolivar, has joined the City Football Group family as its first partner club. Founded in 1925 and based in the world’s highest capital city, La Paz, Club Bolivar boasts 29 domestic league titles, the most of any Bolivian football club.

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