Investments

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

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.

Dec 18, 2020 18:12

Dream Sports appoints ex-Softbank exec as comms, advocacy lead

MUMBAI: Dream Sports, parent company of India's leading fantasy sports platform Dream11, has appointed Paroma Roy Chowdhury, who just this month resigned as Softbank's senior director of Asia communications and public affairs, to the newly-created role of chief communications and advocacy officer.

Dec 18, 2020 17:12

Sports university to come up in Pune's Balewadi complex

PUNE: The Maharashtra government has announced it will set up the state's first world-class international sports university in Pune and it will be functional from the 2021-2022 academic year. State Sports Minister Sunil Kedar, who made the announcement here Thursday, said that the university will be the centre of sports excellence in the country that will pick and train sportspersons of international calibre.

Dec 17, 2020 17:12

Canada's i3 Interactive acquires Indian mobile poker platform

TORONTO: Canadian online and mobile gaming platform i3 Interactive Inc. has closed a previously announced transaction to acquire a controlling interest in Indian online poker brand “Indian Poker Operation”.

Dec 17, 2020 17:12

Yuvraj-backed Wellversed acquires health coaching startup

NEW DELHI: Wellversed, which lays claim to being India’s first full-stack nutrition company, has acquired Sportfit, a fitness coaching company that enables health outcomes through physical activities and diet counseling.

Dec 15, 2020 19:12

Ganguly is brand ambassador, investor in, edtech startup Classplus

NEW DELHI: Edtech startup Classplus on Monday announced former Indian cricket captain, Sourav Ganguly as its brand ambassador and nationwide celebrity endorser.

Dec 15, 2020 18:12

Ronnie Screwvala to co-produce biopic on Dhyan Chand

MUMBAI: Serial entrepreneur and film producer Ronnie Screwvala has announced that his RSVP Movies, along with Blue Monkey Films, will bring the story of hockey legend Dhyan Chand to the big screen. Screwvala is collaborating with Abhishek Chaubey as director and Premnath Rajagopalan as co-producer for the biopic, which goes on the floors in 2021 and is slated to hit theatres in 2022.

Dec 14, 2020 17:12

EA to buy Codemasters; Reliance Big Ent loses big on early exit

REDWOOD CITY, Calif.: Electronic Arts Inc. announced Monday that it has reached an agreement with the board of Codemasters for the recommended acquisition of the UK-based game developer and publisher.

Dec 14, 2020 15:12

MSP Sports Capital takes minority stake in McLaren Racing

LONDON: McLaren Group announced Sunday that it has signed a deal to attract significant new long-term investment into McLaren Racing led by MSP Sports Capital, the US-based sports investment group, to help drive its plan to return to the top in Formula 1 and continue its growth as a global sports franchise.

Dec 11, 2020 18:12

Maharashtra cabinet clears bill for international sports varsity

MUMBAI: The Maharashtra cabinet on Wednesday approved a draft bill for the constitution of an international sports university, an official statement said. The state government had announced in the budget that such a university would be set up. The bill will be introduced in the Winter Session of the State Legislature next week, said a statement from Chief Minister Uddhav Thackeray's office.

Dec 11, 2020 15:12

Disney ties future to streaming; IPL ups Disney+ Hotstar sub nos

MUMBAI: A little over a year after The Walt Disney Company launched its streaming service Disney+, it was the media behemoth's plans for its direct-to-consumer business that was front and centre at its 2020 Investor Day event on Thursday.

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